₹
%
Years
Your SSY account will mature in 2047 with a total value of
₹0
Maturity Year: 2047 Girl's Age at Maturity: 21
years
Total Invested ₹0
Returns ₹0
Sukanya Samriddhi Yojana Calculator
Calculate maturity amount for your daughter's future
Did you know? Maximum 2 SSY accounts allowed per family (for 2 girl children).
About Sukanya Samriddhi Yojana Calculator
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed specifically for the girl child in India. It offers one of the highest interest rates among small savings schemes (currently 8.2% p.a.) with full tax exemption under Section 80C. The account matures 21 years from opening or when the girl gets married after age 18.
How it works?
A = P × (1 + r/n)^(n×t) — Compound Interest- P = Yearly deposit amount
- r = Annual interest rate (8.2%)
- n = Compounding frequency (1 for yearly)
- t = Number of years
- Deposits allowed for first 15 years
- Account matures 21 years from opening
Key Benefits
High Returns: Currently 8.2% p.a., one of the highest among government schemes.
Tax Benefits: EEE status — contributions, interest, and maturity are all tax-free.
Girl Child Future: Corpus can fund higher education (after 10th) or marriage (after 18).
Flexible Deposits: Minimum ₹250/year, maximum ₹1.5 lakh/year.
Government Backed: 100% safe investment with sovereign guarantee.
Frequently Asked Questions
Who can open an SSY account?
A parent or legal guardian can open an SSY account for a girl child below 10 years of age. Maximum 2 accounts per family.
What is the minimum and maximum deposit?
Minimum ₹250 per year, maximum ₹1.5 lakh per year. At least one deposit per year is mandatory for first 15 years.
When does the account mature?
The account matures 21 years from the date of opening, or on marriage after the girl turns 18, whichever is earlier.
Can I withdraw before maturity?
Partial withdrawal (up to 50% of balance) is allowed for higher education after the girl turns 18 or completes 10th standard.