Sukanya Samriddhi Yojana Calculator
Estimate the maturity value of a Sukanya Samriddhi Yojana (SSY) account — 15 years of deposits, 21-year maturity, and the total interest earned.
About this calculator
A Sukanya Samriddhi Yojana calculator projects how much a girl child's SSY account will be worth at maturity. You deposit each year for 15 years, the balance compounds annually, and the account matures 21 years after it was opened.
How it works
For years 1–15 your yearly deposit is added and the balance earns interest; for years 16–21 no deposit is needed but interest keeps compounding. The calculator totals the maturity value, your deposits and the interest earned.
Worked example
Depositing ₹50,000 a year at 8.2% grows to roughly ₹23.9 lakh at maturity — with about ₹7.5 lakh deposited and the rest earned as interest.
Comparing other small-savings schemes? See the PPF calculator or the FD calculator.
Why use this SSY calculator
Projects the full maturity value
It compounds annual deposits for the 15-year deposit period and holds them to the 21-year maturity, showing the final tax-free amount.
Built for the scheme's rules
Sukanya Samriddhi allows ₹250 to ₹1.5 lakh a year per girl child; the tool models your chosen deposit within those limits.
EEE and 80C benefit
Deposits qualify under 80C and both interest and maturity are tax-free, so the projected corpus is fully yours.
Common use cases
- Plan a daughter's higher-education or marriage fund
- See how a ₹1.5 lakh yearly deposit grows to maturity
- Compare SSY against PPF for a long-horizon tax-free goal
- Decide the monthly amount needed to hit a target corpus
Frequently asked questions
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for a girl child. A parent or guardian opens the account, deposits for 15 years, and the account matures 21 years after opening — with interest that's compounded annually and currently tax-free.
Deposits are made for the first 15 years and the balance earns compound interest every year. From year 16 to 21 no deposits are needed but the balance keeps earning interest, and the account matures at the end of year 21.
The scheme allows a minimum of ₹250 and a maximum of ₹1,50,000 per financial year. Enter your planned yearly deposit to see the projected maturity.
No. The government revises the SSY interest rate each quarter. This calculator uses the rate you enter, so update it to match the latest notified rate for an accurate figure.
Yes. The calculation runs in your browser and nothing you enter is uploaded.
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