Sukanya Samriddhi Yojana (SSY) Calculator
Calculate Sukanya Samriddhi Yojana (SSY) maturity value. Free SSY calculator at 8.2% p.a. — plan your daughter's future with accurate SSY returns.
How to Use
- Enter the annual deposit amount (minimum ₹250, maximum ₹1,50,000 per year).
- Enter your daughter's current age — account must be opened before she turns 10.
- The SSY account matures when she turns 21 (deposits for first 15 years only).
Formula
Deposits are made for 15 years from account opening.
Account matures 21 years from account opening (or when daughter turns 21).
Interest is compounded annually at current rate of 8.2% p.a.
Current SSY rate: 8.2% p.a. (Q1 FY 2025-26)
Example Calculation
Example: ₹50,000/year from age 1, at 8.2% p.a.
| Parameter | Value |
|---|---|
| Annual Deposit | ₹50,000 |
| Daughter's Current Age | 1 Year |
| SSY Rate | 8.2% p.a. |
| Deposit Period | 15 Years |
| Maturity Age | 22 Years |
| Total Invested | ₹7,50,000 |
| Maturity Value | ≈ ₹22,20,000 |
Frequently Asked Questions
Sukanya Samriddhi Yojana (SSY) is a government savings scheme for the girl child under the Beti Bachao, Beti Padhao initiative. It offers one of the highest risk-free returns among government schemes and is fully tax-exempt under EEE status.
Parents/legal guardians can open an SSY account for a girl child below the age of 10 years. Maximum 2 accounts per family (one per daughter), with an exception for twins/triplets.
The SSY interest rate for Q1 FY 2025-26 is 8.2% p.a., compounded annually. This is higher than PPF (7.1%) and most FDs. The government revises it quarterly.
The account matures 21 years from the date of account opening, or upon the girl's marriage after she turns 18, whichever is earlier. Deposits are required only for the first 15 years.
Yes. SSY has full EEE (Exempt-Exempt-Exempt) status: deposits up to ₹1.5L qualify for 80C deduction, annual interest is tax-free, and the maturity amount is fully exempt from tax.
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