Sukanya Samriddhi Calculator
SSY maturity for your daughter — deposits for 15 years, maturity at 21 years from opening, at the current 8.2% rate.
About Sukanya Samriddhi Calculator
Sukanya Samriddhi Yojana (SSY) is a government savings scheme for a girl child, available at post offices and banks. This free Sukanya Samriddhi calculator shows how much the account will be worth when it matures 21 years after opening.
Enter your daughter's current age (up to 10), the year you open the account and the yearly deposit, from ₹250 to ₹1,50,000. Deposits run for 15 years, and interest keeps accruing until maturity. The rate is pre-filled with the current 8.2% and can be edited if it changes. A year-wise schedule shows the growth, all calculated in your browser.
How to use Sukanya Samriddhi Calculator
- Enter your daughter’s current age (up to 10 years) and the year you open the account.
- Enter the yearly deposit (₹250 to ₹1,50,000).
- See the maturity amount at 21 years and a year-wise schedule.
Frequently asked questions
What is the SSY interest rate?
The Government sets it quarterly; it is 8.2% p.a., compounded yearly. Edit the rate if it changes.
How long do I deposit and when does it mature?
Deposits are made for 15 years from account opening. The account matures 21 years after opening; no deposits are needed in years 16–21, but interest keeps accruing.
Who can open an account?
A parent or guardian, for a girl below 10 years of age — one account per girl, up to two girls per family (three for twins or triplets in the second birth). Minimum ₹250, maximum ₹1,50,000 a year.
Can money be withdrawn early?
Up to 50% of the balance at the end of the previous year can be withdrawn for higher education once she turns 18 or passes Class 10. Premature closure is allowed on her marriage after age 18.
How much will I get if I deposit ₹1.5 lakh a year in SSY?
At 8.2% for 15 years of deposits and maturity at 21 years, about ₹71.8 lakh on ₹22.5 lakh deposited.
Is Sukanya Samriddhi tax-free?
Yes. Deposits qualify under Section 80C in the old regime, and the interest and maturity amount are tax-free.
Can I deposit monthly in SSY?
Yes. You can deposit any number of times in a year within the ₹1,50,000 limit. Enter the total for the year here.
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