Sukanya Samriddhi Yojana Calculator
Calculate SSY maturity amount for your girl child's future
Sukanya Samriddhi Yojana Calculator
Calculate maturity amount for Sukanya Samriddhi Yojana - Government's girl child savings scheme. Plan your daughter\'s future with tax-free returns.
SSY Investment Details
Account can be opened till age 10
Minimum ₹250, Maximum ₹1.5 lakh per year
Existing balance in SSY account
Current SSY rate: 8.2% p.a. (unchanged since Jan 2024)
Deposits allowed for 15 years or till age 18
Maturity Age: 21 years
Years to Maturity: 21 years
SSY Maturity Results
Maturity Amount
21 years from account opening (girl aged 26)
Total Deposited
Over 15 deposit years
Interest Earned
@ 8.2% compounded annually
CAGR Return
Effective annual return
Key Benefits & Features
Important Milestones
Related Calculators
Frequently Asked Questions
What is Sukanya Samriddhi Yojana and who can open it?
Sukanya Samriddhi Yojana (SSY) is a government savings scheme for girl children under the "Beti Bachao Beti Padhao" campaign. Parents/guardians can open account for girl child up to 10 years of age. Maximum 2 accounts per family allowed.
What is the current interest rate and minimum/maximum deposit in SSY?
The current SSY interest rate is 8.2% per annum compounded annually (unchanged since January 2024; the rate is reviewed every quarter by the Ministry of Finance). Minimum deposit is ₹250 per year and maximum is ₹1.5 lakh per year. Deposits are allowed for 15 years from account opening.
When does SSY account mature and can I withdraw before maturity?
The account matures 21 years from the date of account opening — not when the girl turns 21. You deposit for the first 15 years, and the balance keeps earning interest for the remaining years until maturity. Partial withdrawal of 50% of the previous year's balance is allowed once the girl turns 18 (or passes class 10) for education expenses. The account can be closed early on her marriage after she turns 18, or in exceptional circumstances such as a life-threatening illness.
What are the tax benefits of Sukanya Samriddhi Yojana?
SSY offers EEE (Exempt-Exempt-Exempt) tax benefits: deposits qualify for 80C deduction up to ₹1.5 lakh, interest earned is tax-free, and entire maturity amount is tax-free. This makes it one of the best tax-saving investments.
Where can I open SSY account and what documents are required?
SSY account can be opened at any post office or authorized bank branches (SBI, PNB, ICICI, HDFC, etc.). Required documents: girl child birth certificate, guardian identity/address proof, photographs, and initial deposit amount.