Sukanya Samriddhi (SSY)
Sukanya Samriddhi Yojana Calculator 2026
Calculate SSY Maturity Amount & Interest Rate Online
SSY Investment Calculator
Use our SSY calculator to estimate the Sukanya Samriddhi Yojana maturity amount, total interest earned, and plan your daughter's future. SSY offers EEE (Exempt-Exempt-Exempt) tax status with government-backed returns.
SSY Investment Summary
| Daughter's Age at Maturity | 26 years |
| Investment Period | 15 years |
| Maturity Period | 21 years |
| Total Investment | ₹0 |
| Total Interest Earned | ₹0 |
| Maturity Amount | ₹0 |
SSY Timeline
Year-wise Growth
SSY Scheme Features 2026
| Feature | Details |
|---|---|
| Interest Rate | 8.2% p.a. (Q1 FY 2026-27, Apr-Jun 2026) |
| Tax Status | EEE (Fully Tax-Free) |
| Minimum Deposit | ₹250 per year |
| Maximum Deposit | ₹1,50,000 per year |
| Deposit Period | 15 years |
| Maturity Period | 21 years from account opening |
| Age Eligibility | Girl child below 10 years |
| Account Limit | Maximum 2 accounts per family (one per girl) |
| Partial Withdrawal | 50% of balance after girl turns 18 (for education) |
| Premature Closure | Allowed after girl turns 18 for marriage |
SSY vs Other Small Savings Schemes
| Feature | SSY | PPF | NSC | Tax-Saving FD |
|---|---|---|---|---|
| Interest Rate | 8.2% | 7.1% | 7.7% | 6.5-7% |
| Tenure | 21 years | 15 years | 5 years | 5 years |
| Tax on Interest | Tax-Free | Tax-Free | Taxable | Taxable |
| Tax on Maturity | Tax-Free | Tax-Free | Taxable | Taxable |
| 80C Deduction | Yes | Yes | Yes | Yes |
| Eligibility | Girl child <10 yrs | All Indian residents | All Indian residents | All Indian residents |
Sukanya Samriddhi Yojana: Complete Guide for Parents
Sukanya Samriddhi Yojana (SSY) is a flagship scheme launched by the Government of India under the "Beti Bachao, Beti Padhao" campaign. It's designed to secure the future of the girl child through disciplined savings.
SSY Interest Rate History
| Period | Interest Rate |
|---|---|
| Q1 FY 2026-27 | 8.2% |
| Q1 FY 2025-26 | 8.2% |
| Q4 FY 2024-25 | 8.2% |
| Q3 FY 2024-25 | 8.2% |
| Q2 FY 2024-25 | 8.2% |
Tax Benefits of SSY
- Section 80C: Deposits up to ₹1.5 Lakh qualify for deduction
- Interest: Completely tax-free
- Maturity: Entire maturity amount is tax-free
- EEE Status: Exempt-Exempt-Exempt (best tax treatment)
Withdrawal Rules
- Partial Withdrawal: 50% of balance allowed after girl turns 18 (for education)
- Premature Closure: Allowed after girl turns 18 for marriage
- Full Maturity: After 21 years from account opening
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Frequently Asked Questions
Frequently Asked Questions
Find answers to common questions about sukanya samriddhi. These FAQs are designed to help you understand key concepts and make informed decisions.
1. What is Sukanya Samriddhi Yojana and how to calculate maturity?
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for the girl child under the Income Tax Act, 2025. You can use our SSY calculator to estimate the maturity amount for your daughter's future education and marriage.
2. What is the current interest rate for SSY?
The SSY interest rate is reviewed quarterly by the government. For Q1 FY 2026-27 (April-June 2026), the interest rate is 8.2% per annum, compounded annually.
3. Who is eligible to open an SSY account?
A parent or legal guardian can open an SSY account in the name of a girl child who is below the age of 10. A maximum of two accounts can be opened for two different girl children in a family.
4. What is the minimum and maximum investment amount?
The minimum annual contribution is ₹250, and the maximum is ₹1.5 Lakhs in a financial year. You need to make contributions for the first 15 years of the account.
5. When does the SSY account mature?
The account matures 21 years from the date of opening. Partial withdrawal of up to 50% of the balance is allowed for the girl child's higher education after she turns 18.
6. What are the tax benefits of SSY?
SSY offers EEE (Exempt-Exempt-Exempt) tax status under the Income Tax Act, 2025. Contributions qualify for deduction under Section 80C (up to ₹1.5 lakh), the interest earned is tax-free, and the maturity amount is also tax-free.
This Sukanya Samriddhi Yojana (SSY) calculator is for informational and educational purposes only. The interest rate used is the current rate (8.2% as of Q1 FY 2026-27) and is subject to quarterly revision by the Government of India. Actual maturity amount may vary based on interest rate changes during the investment period. Tax benefits are as per Section 80C of the Income Tax Act, 2025 and may change. Always verify with official sources (India Post or authorized banks) for the latest rules and rates. This tool should not be considered as financial advice.
