Sukanya Samriddhi Calculator - SSY Scheme Returns
Calculate Sukanya Samriddhi Yojana maturity amount and interest earned. Plan your daughter's future with this government-backed savings scheme.
Calculate Sukanya Samriddhi
Annual deposit (min ₹250, max ₹1.5 Lakh)
Current SSY rate: 8.2% (Q1 FY 2024-25)
Account can be opened for girl child below 10 years
Maturity Amount (at age 21)
₹47,88,077
Total Amount Deposited
₹15,00,000
Total Interest Earned
₹32,88,077
Breakdown
SSY Year-wise & Month-wise Breakdown
Total Deposited
₹15,00,000
Interest Earned
₹32,88,077
Maturity Amount
₹47,88,077
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹1,00,000 | ₹8,200 | ₹1,08,200 |
| 2 | ₹1,00,000 | ₹17,072 | ₹2,25,272 |
| 3 | ₹1,00,000 | ₹26,672 | ₹3,51,944 |
| 4 | ₹1,00,000 | ₹37,059 | ₹4,89,003 |
| 5 | ₹1,00,000 | ₹48,298 | ₹6,37,301 |
| 6 | ₹1,00,000 | ₹60,459 | ₹7,97,760 |
| 7 | ₹1,00,000 | ₹73,616 | ₹9,71,376 |
| 8 | ₹1,00,000 | ₹87,853 | ₹11,59,229 |
| 9 | ₹1,00,000 | ₹1,03,257 | ₹13,62,486 |
| 10 | ₹1,00,000 | ₹1,19,924 | ₹15,82,410 |
| 11 | ₹1,00,000 | ₹1,37,958 | ₹18,20,368 |
| 12 | ₹1,00,000 | ₹1,57,470 | ₹20,77,838 |
| 13 | ₹1,00,000 | ₹1,78,583 | ₹23,56,421 |
| 14 | ₹1,00,000 | ₹2,01,427 | ₹26,57,848 |
| 15 | ₹1,00,000 | ₹2,26,144 | ₹29,83,992 |
| 16 (no deposit) | — | ₹2,44,687 | ₹32,28,679 |
| 17 (no deposit) | — | ₹2,64,752 | ₹34,93,431 |
| 18 (no deposit) | — | ₹2,86,461 | ₹37,79,892 |
| 19 (no deposit) | — | ₹3,09,951 | ₹40,89,843 |
| 20 (no deposit) | — | ₹3,35,367 | ₹44,25,210 |
| 21 (no deposit) | — | ₹3,62,867 | ₹47,88,077 |
How to Use This Sukanya Samriddhi Calculator
Using our Sukanya Samriddhi Calculator is simple and takes just a few seconds. Enter your values using the sliders or input fields above, and the results will update instantly — no need to click a calculate button.
All calculations are performed in your browser using standard financial formulas. Your data is never stored or transmitted to any server, ensuring complete privacy.
The results shown are estimates based on the inputs you provide. For precise figures, consult with your bank or financial advisor. Use this tool for quick comparisons, planning, and understanding how different variables affect your financial outcomes.
Formula & Explanation
A = Σ [D × (1 + r)^(21-i)] for deposits in years 1 to 15SSY uses annual compounding similar to PPF. Deposits are made for the first 15 years, and the account continues to earn interest until maturity at 21 years from account opening. Current SSY interest rate is 8.2% p.a., one of the highest among government schemes.
Calculation Examples
Maximum Investment
₹1.5 Lakh/year at 8.2% for daughter aged 1
Maturity: ₹73.56 Lakhs | Deposited: ₹22.5 Lakhs | Interest: ₹51.06 Lakhs
Moderate Investment
₹50,000/year at 8.2% for daughter aged 3
Maturity: ₹22.49 Lakhs | Deposited: ₹7.5 Lakhs | Interest: ₹14.99 Lakhs
Minimum Regular Investment
₹12,000/year at 8.2% for daughter aged 5
Maturity: ₹4.85 Lakhs | Deposited: ₹1.8 Lakhs | Interest: ₹3.05 Lakhs
Benefits
- Highest interest rate among government schemes (8.2%)
- Complete tax-free returns (EEE status)
- Secure government-backed investment
- Partial withdrawal for daughter's education at 18
- Encourages long-term savings for girl child
Use Cases
- Planning daughter's higher education fund
- Saving for daughter's marriage expenses
- Tax-saving investment under Section 80C
- Building long-term corpus for girl child
- Combining with PPF for family savings strategy
About Sukanya Samriddhi Calculator
Our Sukanya Samriddhi Yojana (SSY) Calculator helps you estimate the maturity amount for your daughter's future. SSY is a government-backed small savings scheme for the girl child offering one of the highest interest rates among fixed-income instruments. Deposits are made for 15 years and the account matures 21 years from opening, making it ideal for education and marriage planning.
Frequently Asked Questions
Sukanya Samriddhi Yojana (SSY) is a government savings scheme launched under Beti Bachao Beti Padhao campaign for the girl child. It offers 8.2% interest (highest among small savings), tax benefits under 80C, and EEE tax status. Account can be opened for girls below 10 years.
Minimum deposit is ₹250/year and maximum is ₹1.5 Lakh/year. Deposits must be made for the first 15 years from account opening. After 15 years, no deposits are needed but the balance continues to earn interest until maturity at 21 years.
SSY account matures 21 years from the date of opening. For example, if opened when the daughter is 2 years old, it matures when she turns 23. Partial withdrawal (up to 50%) is allowed after the girl turns 18 for higher education.
Yes, you can open SSY accounts for a maximum of two daughters. In case of twins/triplets as second birth, a third account is also permitted. The combined deposit limit across all accounts is ₹1.5 Lakh per year per account.