Sukanya Samriddhi Yojana Calculator
SSY maturity for a daughter — 15 contribution years, 21-year maturity, the highest small-savings rate, fully tax-free.
Formula
Disclaimer: Interest rates shown are recent indicative values — banks revise FD cards and the government notifies small-savings rates quarterly. Verify the current rate before investing. Not financial advice.
Disclaimer: This tool is for general informational and estimation purposes only and is not professional financial, tax, accounting or legal advice. All figures are estimates — verify with a qualified professional before making decisions. Read the full disclaimer.
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About Sukanya Samriddhi Yojana Calculator
Sukanya Samriddhi pays the HIGHEST rate in the entire small-savings family (8.2%-class, notified quarterly) with full EEE tax exemption — for one purpose: a girl child's future. Open before she turns 10; deposit for 15 years; the account then compounds UNTOUCHED for 6 more years, maturing at 21 years from opening. The default full deposit builds roughly ₹69 lakh, two-thirds of it tax-free interest. Those silent years 16-21 are the scheme's masterstroke: with no fresh deposits, the corpus still grows by ~₹20 lakh at the defaults — pure compounding on an already-large base, exactly the back-loaded curve every compounding lesson promises but few instruments force you to wait for. Partial withdrawal (up to 50%) unlocks for her higher education after she turns 18, and the full corpus belongs to HER, not the guardian — a legal detail that doubles as estate planning. Structuring notes: maximum two accounts per family (two daughters; exceptions for twins), the ₹1.5 lakh annual cap shares 80C space with PPF — families often split (SSY's higher rate argues for filling it first for eligible daughters), and the April-1-to-5 deposit timing captures the full year's interest exactly like PPF's 5th-of-month rule. The rate premium over PPF (~1.1%) compounds into several lakh over the 21-year arc — for parents of daughters under 10, SSY before PPF is usually the right order.
How to use Sukanya Samriddhi Yojana Calculator
- 1Enter Yearly deposit (₹250–₹1.5 lakh), SSY rate (notified quarterly) (%), Daughter's age at opening (years) into the Sukanya Samriddhi Yojana Calculator.
- 2The result is computed automatically using Deposits for the first 15 years; the balance then compounds untouched until year 21 — all interest tax-free (EEE) — there is no button to press; it updates live as you type.
- 3Change any input to model a different scenario, then use “Copy result link” to share the exact numbers.
Why use Sukanya Samriddhi Yojana Calculator?
- ✓Computes sukanya samriddhi yojana calculator instantly with the correct formula — no spreadsheet needed
- ✓100% free and unlimited, with no sign-up, login or paywall
- ✓Runs entirely in your browser, so the figures you enter are never uploaded or stored
- ✓Shows the formula, a live worked example and references so you can defend the number
Frequently asked questions
SSY me ₹1.5 lakh saal ka kitna banta hai?+
8.2% par lagbhag ₹69 lakh — ₹22.5 lakh deposit, ~₹46.5 lakh tax-free interest. Wahi PPF me (7.1%, par 15+6 nahi hota, 15 saal maturity) ~₹40.7 lakh. Rate aur 6 extra silent years milkar SSY ko India ka sabse powerful guaranteed child-corpus instrument banate hain.
Account kab khulwa sakte hain aur kab tak chalega?+
Beti ke janam se 10 saal ki umar tak khulwa sakte hain. Deposits opening se 15 saal tak, maturity opening se 21 saal par (uski umar nahi — opening date se ginti). Jitna jaldi kholenge utna jaldi mature hoga: janam par khola to woh 21 ki hote hi corpus ke saath; 9 saal ki umar me khola to 30 par.
Beech me paisa nikal sakte hain kya?+
Do windows: 18 ki umar ke baad higher education ke liye pichhle saal ke balance ka 50% tak (admission proof ke saath), aur 18 ke baad shaadi par premature closure ka option. Guardian ki death/medical hardship ke alag rules hain. Warna paisa locked hai — aur wahi iska feature hai: yeh corpus kabhi 'temporarily udhaar' nahi hota.
SSY ya PPF — beti ke liye kya pehle bharein?+
Eligible daughter ho to SSY pehle: +1.1% rate, wahi EEE, wahi 80C bucket. PPF tab jab SSY cap bhar gaya, beta hai, ya aapko apne naam ka flexible corpus chahiye (PPF me loan/withdrawal options zyada hain aur extension unlimited). Dono ₹1.5 lakh-₹1.5 lakh bhar sakte hain agar 80C ki zaroorat se zyada bachat ho — SSY/PPF cap alag-alag account-wise hai, 80C deduction hi share hota hai.
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