Sukanya Samriddhi calculator
Plan your daughter’s future. Enter your yearly deposit to project the tax-free maturity of the Sukanya Samriddhi account at one of the highest fixed rates in India, over its 21-year term.
SSY details
15 yearly deposits · matures in 21 years
Deposit between ₹250 and ₹1.5 lakh per year for 15 years; the account matures 21 years after opening. Assumes deposits at the start of each year, compounded annually at the notified rate.
₹22.5L
Invested
15 deposits
₹49.32L
Interest
tax-free
3.19×
Growth
value ÷ invested
Growth over 21 years
Deposits stop at year 15, interest runs to 21
Maturity
₹71,82,119
For her future
High rate, fully tax-free
SSY pairs a government guarantee with one of the best fixed rates available and complete tax exemption. Deposit for 15 years, let it compound to 21, and the entire maturity is tax-free.
- 1
Open before age 10
A parent or guardian opens the account for a girl child under 10.
- 2
Deposit for 15 years
Put in ₹250 to ₹1.5 lakh each year for the first 15 years.
- 3
Compound to year 21
After deposits stop, the balance keeps earning interest until maturity.
- 4
Withdraw tax-free
The full maturity at year 21 is exempt - deposits, interest and payout.
Questions
Frequently asked
Sukanya Samriddhi Yojana (SSY) is a government savings scheme for a girl child, opened by a parent or guardian before she turns 10. It offers one of the highest fixed rates among small-savings schemes (currently 8.2%), with full tax exemption (EEE) on deposits, interest and maturity.
You deposit each year for 15 years; the account then continues to earn interest until it matures 21 years after opening. Interest is compounded annually at the notified rate. This calculator assumes deposits at the start of each year - depositing the ₹1.5 lakh maximum yields roughly ₹71–72 lakh at maturity at 8.2%.
The minimum is ₹250 and the maximum is ₹1,50,000 per financial year, across the account. Deposits are required for the first 15 years; after that no further deposits are needed but the balance keeps earning interest until year 21. Missing the minimum can make the account dormant until a small penalty is paid.
Yes. SSY has EEE status: deposits qualify for a Section 80C deduction (up to ₹1.5 lakh, old regime), the interest earned is tax-free, and the maturity amount is fully tax-free - making the effective return higher than a comparable taxable deposit.
The account matures 21 years from opening, or earlier on the girl’s marriage after she turns 18. A partial withdrawal of up to 50% of the previous year’s balance is allowed after she turns 18 (or passes class 10) for higher-education expenses.