SSY Calculator
Sukanya Samriddhi Yojana Calculator - Calculate maturity amount for your daughter's future with current 8.2% interest rate.
Enter Details
₹
Min: ₹250/monthAnnual: ₹60.00 KMax: ₹12,500/month
Account can be opened for girl child up to age 10
Current SSY rate: 8.2% (Q1 FY 2024-25)
Sukanya Samriddhi Yojana: Deposit for 15 years, account matures after 21 years. 50% can be withdrawn after the girl turns 18 for higher education. Entire amount is tax-free under Section 80C.
Maturity Amount
₹28.73 LAt Maturity
Total Deposits₹9.00 L
Interest Earned₹19.73 L
Age at Maturity26 years
8.2%
Current Interest Rate
EEE Status
Exempt-Exempt-Exempt Tax
21 Years
Maturity Period
₹1.5L/year
Maximum Deposit
Year-wise Growth (First 10 Years)
| Year | Girl's Age | Deposit | Interest | Balance |
|---|---|---|---|---|
| 1 | 6 yrs | ₹60.00 K | ₹4.92 K | ₹64.92 K |
| 2 | 7 yrs | ₹60.00 K | ₹10.24 K | ₹1.35 L |
| 3 | 8 yrs | ₹60.00 K | ₹16.00 K | ₹2.11 L |
| 4 | 9 yrs | ₹60.00 K | ₹22.24 K | ₹2.93 L |
| 5 | 10 yrs | ₹60.00 K | ₹28.98 K | ₹3.82 L |
| 6 | 11 yrs | ₹60.00 K | ₹36.27 K | ₹4.79 L |
| 7 | 12 yrs | ₹60.00 K | ₹44.17 K | ₹5.83 L |
| 8 | 13 yrs | ₹60.00 K | ₹52.71 K | ₹6.96 L |
| 9 | 14 yrs | ₹60.00 K | ₹61.95 K | ₹8.17 L |
| 10 | 15 yrs | ₹60.00 K | ₹71.95 K | ₹9.49 L |
| Final (Year 21) | ₹9.00 L | ₹19.73 L | ₹28.73 L | |
Frequently Asked Questions
About Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched as part of the "Beti Bachao, Beti Padhao" campaign to encourage savings for girl children's future education and marriage expenses.
Key Features
- Account can be opened for girl child up to 10 years of age
- Minimum deposit: ₹250/year, Maximum: ₹1.5 lakhs/year
- Deposit period: 15 years from account opening
- Maturity period: 21 years from opening or marriage (after 18 years)
- Interest rate: 8.2% p.a. (reviewed quarterly)
- EEE tax benefits: Deposits, interest, and maturity all tax-free
Withdrawal Rules
- 50% withdrawal allowed after girl turns 18 for higher education
- Full maturity amount at completion of 21 years
- Early closure allowed for marriage after girl turns 18
- Premature closure on death, serious illness, or guardian's death