Sukanya Samriddhi Yojana Calculator
Himanshu Grewal
Founder • Calculator Tool Developer
Builds fast, accurate, and user-friendly online calculators for finance, education, and everyday use.
View full profile →Enter your yearly investment, girl's age, start year, and interest rate to calculate your SSY maturity amount, interest earned, and year-wise growth.
Investment Details
Min: ₹250 | Max: ₹1,50,000
Calculation Results
Investment Growth Chart
Year-wise Breakdown
| Year | Age | Opening Bal. | Deposit | Interest | Closing Bal. |
|---|
This Sukanya Samriddhi Yojana calculator provides estimates for educational and planning purposes only, based on the current 8.2% p.a. interest rate (April–June 2026, Q1 FY 2026-27). The Government of India revises this rate quarterly, and actual maturity values may vary based on the official notified rate at the time of each compounding cycle, account opening date, and exact monthly balance calculations. This is not financial advice — please confirm exact figures with your bank or post office before making investment decisions.
Table of Contents
- What is Sukanya Samriddhi Yojana?
- How to Use This SSY Calculator
- How Does the SSY Calculator Work?
- SSY Formula
- Current SSY Interest Rate
- Who Can Open a SSY Account?
- Documents Required to Open an SSY Account
- Minimum & Maximum Deposit Rules
- Tax Benefits
- Why Parents Choose Sukanya Samriddhi Yojana
- SSY Account Rules You Should Know
- Withdrawal & Maturity Rules
- SSY Maturity Examples
- How Much to Invest to Reach ₹25L / ₹50L / ₹1 Crore?
- SSY vs PPF
- Why Use This SSY Calculator?
- Frequently Asked Questions
This Sukanya Samriddhi Yojana (SSY) Calculator is based on the current scheme rules issued by the Government of India, including the applicable SSY interest rate, 15-year contribution period, and 21-year maturity structure. Results are estimates for planning purposes and assume the interest rate entered in the calculator remains unchanged. Always refer to the latest Ministry of Finance notifications or your authorised bank/Post Office for official guidance.
What is Sukanya Samriddhi Yojana (SSY)?
Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme launched in 2015 under the Beti Bachao, Beti Padhao initiative. It helps parents and legal guardians build long-term savings for a girl child's higher education, career, or marriage.
The scheme is available through India Post and authorised banks across the country. It offers government-backed returns, tax benefits, and an annual interest rate of 8.2% (subject to quarterly revision by the Ministry of Finance).
⭐ Current SSY Interest Rate: 8.2% per annum (Compounded annually • Reviewed quarterly by the Ministry of Finance)
The Sukanya Samriddhi Yojana Calculator estimates your total investment, interest earned, maturity amount, and maturity year based on your yearly contribution, your daughter's age, and the current SSY interest rate.
The calculation method remains the same whether you open your SSY account with India Post, SBI, PNB, Bank of Baroda, ICICI Bank, or any other authorised bank. This calculator follows the official SSY rules to provide quick and reliable maturity estimates.
How to Use This Sukanya Samriddhi Yojana Calculator
You don't need any financial expertise. Just enter a few details and the calculator instantly shows your complete SSY maturity projection — including year-wise growth, total interest earned, and the final amount.
Enter Yearly Investment: Choose any amount between ₹250 and ₹1,50,000 per year.
Enter Girl's Age: Current age must be between 0 and 10 years.
Select Start Year: Pick the financial year you plan to begin the investment.
Adjust Interest Rate: Default is 8.2% (current official rate). Adjust to explore different scenarios.
Click "Calculate SSY Maturity" to view the detailed results and growth chart.
Smart Tip: Always deposit before 5th April every financial year to earn interest for the full year. This one habit can add thousands to your final maturity amount.
How Does the SSY Calculator Work?
Calculating Sukanya Samriddhi Yojana maturity manually isn't straightforward — deposits stop after 15 years, but the account keeps earning interest until it completes 21 years.
This calculator handles all that math instantly using the official two-phase SSY calculation logic.
SSY Calculation Timeline
Phase 1 (Years 1–15)
Each yearly deposit compounds at 8.2% per annum. Every contribution earns interest from the year it is deposited until Year 15.
Phase 2 (Years 16–21)
No new deposits are made. The entire accumulated balance from Phase 1 continues to grow for 6 more years at the same interest rate.
This is why a standard compound interest calculator gives wrong SSY results.
The Sukanya Samriddhi Yojana interest calculator on this page is specifically built for the SSY two-phase structure — giving you accurate maturity values that match official government projections.
SSY Formula — How Maturity Amount Is Calculated
Step 1. General Compound Interest Formula
SSY uses annual compounding. The base formula applied to each yearly deposit is:
Compound Interest Formula (Annual):
A = P × (1 + r)t Where: • A = Amount after compounding • P = Yearly deposit amount • r = Annual interest rate (e.g., 0.082 for 8.2%) • t = Number of years the deposit compounds
Step 2. How SSY Actually Calculates Maturity
SSY does not simply apply one formula over 21 years. The official scheme has a two-step structure, which is why a standard FD or PPF formula gives incorrect results for SSY.
Phase 1: 15 Years of Yearly Deposits:
Each annual deposit is compounded individually from the year of deposit until the end of Year 15. If you deposit ₹1,00,000 in Year 1, it compounds for 15 years. Year 2 deposit compounds for 14 years, and so on.
Phase 2: 6 Years of Lump Sum Growth (No Deposits):
After 15 years, the total accumulated balance is treated as a lump sum and compounded for 6 more years:
Final Maturity = Balance_after_15_years × (1 + r)6
Step 3. Year-Wise Example
If you invest ₹1,00,000 every year for 15 years at 8.2% per annum:
- • Total Investment: ₹15,00,000
- • Estimated Maturity Value: Approx. ₹47–48 lakh
- • Total Interest Earned: Approx. ₹32–33 lakh
- • Account Duration: 21 years
Approximate values based on current 8.2% rate. Actual maturity may vary with future rate revisions.
Current SSY Interest Rate (Updated Quarterly)
The Sukanya Samriddhi Yojana interest rate is reviewed and announced every quarter by the Ministry of Finance under India's Small Savings Scheme framework. Among all government-backed savings instruments, SSY consistently offers one of the highest rates — currently 8.2% per annum, compounded annually.
⭐ Current SSY Interest Rate: 8.2% per annum
Compounded annually · Updated Quarterly by Ministry of Finance
Even a small change in the Sukanya Samriddhi account interest rate can significantly affect the final maturity amount over 21 years. Use the interest rate slider in our calculator to simulate different rate scenarios.
| Period | SSY Interest Rate |
|---|---|
| Jan 2024 – Present (FY 2024–25) | 8.2% |
| Apr 2023 – Dec 2023 (Q1–Q3 FY 2023–24) | 8.0% |
| Apr 2022 – Mar 2023 (FY 2022–23) | 7.6% |
| Apr 2020 – Mar 2022 (FY 2020–22) | 7.6% |
| Jul 2019 – Mar 2020 (Q2–Q4 FY 2019–20) | 8.4% |
| Apr 2019 – Jun 2019 (Q1 FY 2019–20) | 8.5% |
| Oct 2018 – Mar 2019 (Q3–Q4 FY 2018–19) | 8.5% |
| Apr 2018 – Sep 2018 (Q1–Q2 FY 2018–19) | 8.1% |
| Jan 2018 – Mar 2018 (Q4 FY 2017–18) | 8.1% |
| Oct 2017 – Dec 2017 (Q3 FY 2017–18) | 8.3% |
| Apr 2017 – Sep 2017 (Q1–Q2 FY 2017–18) | 8.4% |
These historical SSY interest rate figures show consistent high returns even during periods when other fixed-income options declined. Our calculator always uses the latest official rate to ensure accurate projections.
Who Can Open a Sukanya Samriddhi Yojana Account?
SSY is a targeted scheme — not every individual qualifies.
The eligibility criteria are clearly defined by the Government of India and must be met before opening an account at a Post Office or authorised bank like SBI, PNB, or Bank of Baroda.
Eligibility Criteria at a Glance
- ✔ The account can be opened only for a girl child.
- ✔ The girl child must be an Indian resident citizen at the time of opening.
- ✔ The girl must be below 10 years of age at the time of account opening.
- ✔ The account is opened by the natural or legal guardian of the girl child.
- ✔ Only one SSY account per girl child is permitted.
- ✔ A family can open accounts for a maximum of two girl children.
- ✔ Exception: In case of twin/triplet girls in the second birth, a third account may be allowed with supporting documentation.
Documents Required to Open an SSY Account
Opening a Sukanya Samriddhi Yojana account at a Post Office or authorised bank is a simple process. You need to submit a small set of documents for the girl child and the guardian. Keep the originals ready for verification.
| Document | Required For | Purpose |
|---|---|---|
| Birth Certificate | Girl Child | Age verification (must be below 10 years) |
| Aadhaar Card | Parent / Guardian | Identity and address proof of the account operator |
| PAN Card | Parent / Guardian | For tax-related records and Section 80C deduction |
| Address Proof | Parent / Guardian | Voter ID, Passport, Electricity Bill, or Aadhaar |
| Passport-size Photograph | Girl Child + Guardian | For bank/post office account records |
| SSY Account Opening Form | Guardian | Available at Post Office / bank branch (Form-1) |
💡 Can I open an SSY account online? Currently, SSY accounts can be opened offline only — at your nearest Post Office or authorised bank branch. However, some banks like SBI and ICICI allow you to manage your existing SSY account through their internet banking portals.
Minimum & Maximum Deposit Rules
The SSY scheme is designed to be flexible enough for families across all income levels. Whether you can invest ₹250 or the full ₹1.5 lakh per year — SSY accommodates both.
Minimum Deposit
₹250 per financial year. This is also the amount needed to keep the account active each year.
Maximum Deposit
₹1,50,000 per financial year. Deposits above this limit will not earn any interest and will be returned.
- ✔ Deposits can be made in multiple installments within the year — monthly, quarterly, or in a lump sum.
- ✔ Deposits must be made in multiples of ₹50.
- ✔ Deposits are mandatory only for the first 15 years from the date of account opening.
- ✔ After 15 years, the account continues to earn interest until maturity at 21 years — no deposits required.
💡 Can I deposit monthly instead of yearly? Yes. You can deposit any amount (in multiples of ₹50) any number of times during a financial year, as long as the total does not exceed ₹1,50,000.
Tax Benefits — EEE Status & Section 80C
SSY is one of only a handful of investment schemes in India that enjoy complete EEE (Exempt-Exempt-Exempt) tax status. This means your money grows completely tax-free at every stage — from deposit to maturity.
Three Layers of Tax Exemption
- ✔ Exempt Contribution: Yearly deposits up to ₹1.5 lakh qualify for deduction under Section 80C of the Income Tax Act.
- ✔ Exempt Interest: The interest earned each year is completely tax-free — no TDS, no income tax.
- ✔ Exempt Maturity: The final maturity amount (principal + interest) is 100% tax-free in your hands.
This triple tax advantage makes SSY far more effective than a regular FD or recurring deposit, where the interest is fully taxable each year. For parents in the 20–30% tax bracket, the effective return from SSY is significantly higher than the headline rate.
Why Parents Choose Sukanya Samriddhi Yojana
Millions of Indian parents invest in SSY because it combines high guaranteed returns with complete peace of mind. Here is what makes the scheme stand apart from other savings options.
Highest Rate Among Small Savings
At 8.2% per annum, the sukanya samriddhi yojana interest rate is higher than PPF (7.1%), NSC (7.7%), and most fixed deposits — and the government guarantees it.
Government-Guaranteed Returns
SSY is backed by the Government of India — there is zero credit risk. The maturity amount is guaranteed regardless of market conditions.
Start with Just ₹250/Year
The minimum deposit is only ₹250 per year, making it accessible to families across all economic backgrounds — from daily wage earners to salaried professionals.
Power of Long-Term Compounding
Over 21 years, compounding multiplies your investment several times. A ₹50,000/year investment can grow into a ₹24+ lakh corpus by maturity.
SSY Account Rules You Should Know
Beyond the basics, SSY has several operational rules around missed deposits, revival, nominees, transfers, and premature closure. Knowing these upfront prevents problems later.
What if I Miss a Yearly Deposit?
If you miss a deposit in any financial year, the account becomes inactive. You can revive it by paying a penalty of ₹50 for each defaulted financial year, along with the minimum required deposit of ₹250 for each missed year. Revival is permitted under the applicable SSY rules before the account reaches maturity.
Can I Increase My Yearly Contribution?
Yes. You can increase or decrease your yearly deposit at any time, provided the total contribution stays between ₹250 and ₹1,50,000 in a financial year. There is no fixed yearly commitment.
Can I Transfer the SSY Account?
Yes. An SSY account can be transferred between authorised Post Offices and banks anywhere in India. Transfers are generally free when supported by a change of residence or other permitted circumstances under the scheme rules.
When Can the Account Be Closed Prematurely?
Premature closure is allowed only under the circumstances permitted by the Sukanya Samriddhi Yojana rules, such as the death of the account holder or other approved compassionate grounds. Additional documentation may be required depending on the reason for closure.
What Happens After 15 Years?
After the deposit period ends at 15 years, no further contributions are required. The accumulated balance continues earning interest at the applicable SSY interest rate until the account completes its 21-year maturity period.
Withdrawal & Maturity Rules
SSY has clear guidelines on when and how much you can withdraw. These rules are designed to ensure the scheme serves its primary purpose — building a long-term financial corpus for a girl child's future.
Partial Withdrawal After Age 18
Up to 50% of the balance available at the end of the previous financial year may be withdrawn once the girl child turns 18. This is allowed for higher education, skill development, or professional courses, subject to the applicable SSY rules and supporting documents.
Full Maturity at 21 Years
The full balance — principal plus interest — becomes withdrawable once the account completes 21 years from the date of opening. The maturity amount is fully tax-free under the current SSY rules.
Account Continues After Maturity
If the account is not closed after maturity, it may continue to earn interest at the applicable SSY interest rate as per the prevailing scheme rules until the balance is withdrawn.
Marriage Withdrawal
Premature closure is permitted on the girl's marriage after she attains 18 years of age, subject to the applicable SSY rules and required documentation.
SSY Maturity Examples — ₹10,000 to ₹1.5 Lakh per Year
Curious how much your Sukanya Samriddhi Yojana account could grow over time? The examples below show the estimated maturity amount for different yearly investment amounts using the current 8.2% annual interest rate and the standard SSY investment period of 15 contribution years followed by 6 years of compounding.
How to read this table
These examples assume yearly deposits are made for 15 years, followed by 6 years of interest-only growth at the current 8.2% per annum. If the Government revises the SSY interest rate in future, the final maturity value will also change.
| Yearly Deposit | Total Invested | Estimated Maturity | Interest Earned |
|---|---|---|---|
| ₹10,000 | ₹1,50,000 | ~₹4.77 Lakh | ~₹3.27 Lakh |
| ₹25,000 | ₹3,75,000 | ~₹11.93 Lakh | ~₹8.18 Lakh |
| ₹50,000 | ₹7,50,000 | ~₹23.87 Lakh | ~₹16.37 Lakh |
| ₹75,000 | ₹11,25,000 | ~₹35.80 Lakh | ~₹24.55 Lakh |
| ₹1,00,000 | ₹15,00,000 | ~₹47.74 Lakh | ~₹32.74 Lakh |
| ₹1,50,000 | ₹22,50,000 | ~₹71.61 Lakh | ~₹49.11 Lakh |
Real Investment Examples
Yearly Investment
₹10,000
Estimated Maturity
~₹4.77 Lakh
Yearly Investment
₹50,000
Estimated Maturity
~₹23.87 Lakh
Yearly Investment
₹1,50,000
Estimated Maturity
~₹71.61 Lakh
Note: These are estimated values based on the current 8.2% annual interest rate. For personalised projections, use the SSY Calculator above with your own yearly investment amount and expected interest rate.
How Much Should You Invest to Reach ₹25 Lakh, ₹50 Lakh, or ₹1 Crore?
Many parents plan backwards — they set a maturity target first and then figure out how much to invest each year. If you're thinking about building a ₹50 lakh or ₹1 crore corpus through the SSY scheme, here's how much you'd need to deposit annually.
📌 These estimates are based on the current rate of 8.2% per annum for a full 21-year period (15 deposit years + 6 compounding years).
Target Corpus
₹25 Lakh
Invest approx.
~₹52,500/year
for 15 years at 8.2% p.a.
Target Corpus
₹50 Lakh
Invest approx.
~₹1,05,000/year
for 15 years at 8.2% p.a.
Target Corpus
₹1 Crore
Not achievable within ₹1.5L/year limit at 8.2%.
Max possible: ~₹71.6 Lakh
at max ₹1.5L/year for 15 years
Expert Tip
SSY alone cannot create a ₹1 crore corpus due to the ₹1.5 lakh annual deposit cap. If your goal is ₹1 crore for your daughter's future, consider combining SSY (for maximum tax-free guaranteed returns) with a mutual fund SIP for the remaining target. This hybrid approach gives you both safety and higher growth potential.
SSY vs PPF — Which Is Better in 2026?
Both SSY and PPF are long-term government savings schemes with full tax exemption. But they serve different purposes and suit different investors. Here's a clear side-by-side comparison.
💡 Quick Insight: SSY offers a higher interest rate and targets the girl child's future specifically. PPF is open to everyone and offers more withdrawal flexibility.
| Feature | SSY | PPF |
|---|---|---|
| Interest Rate (2026) | 8.2% p.a. | 7.1% p.a. |
| Who Can Open? | Parents of girl child below 10 years | Any Indian citizen |
| Deposit Limit | ₹250 – ₹1.5 lakh/year | ₹500 – ₹1.5 lakh/year |
| Lock-in Period | 21 years | 15 years |
| Partial Withdrawal | After age 18 (50% for education/marriage) | After Year 7 (partial) |
| Tax Benefits | EEE (100% tax-free) | EEE (100% tax-free) |
| Best Suited For | Girl child's education/marriage savings | General long-term savings for everyone |
Verdict: Choose SSY for your daughter's future — higher rate, greater returns, fully tax-free. Choose PPF if you want a flexible long-term savings option open to the entire family.
Why Use This Sukanya Samriddhi Yojana Calculator?
Calculating SSY maturity manually isn't easy because deposits stop after 15 years, while interest continues until the account completes 21 years. This calculator handles the complete calculation instantly and provides a detailed year-wise breakdown that is much easier to understand than manual calculations.
Real-Time Accuracy
Uses the current SSY interest rate (8.2% p.a.) with precise annual compounding for reliable maturity projections.
Correct SSY Calculation Logic
Automatically applies 15 years of yearly deposits followed by 6 years of compound growth to estimate maturity.
Year-Wise Growth Table
Track your investment balance, yearly interest earned, and account growth for every financial year until maturity.
Interest Rate Simulator
Change the interest rate to see how future government revisions could affect your estimated maturity value.
Free to Use
Calculate your SSY maturity anytime without creating an account or paying any fees. Enter your values and get instant results in seconds.
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