Sukanya Samriddhi Yojana Calculator
The Sukanya Samriddhi Yojana (SSY) Calculator helps you calculate the maturity value of your SSY account. SSY offers 8.2% interest (highest among small savings schemes), tax-free returns, and is designed for girl children under 10 years.
Calculation Formula
- P = Principal amount
- r = Annual interest rate
- n = Number of years
How to Use This Calculator
Enter the annual deposit, interest rate, and time period. The result updates automatically. Adjust the sliders to see how different values affect your returns.
This calculator is for informational purposes only. Investment returns are illustrative and based on assumed rates that may vary. Market-linked investments carry risk and past performance does not guarantee future returns. Interest rates on small savings schemes are reviewed quarterly by the Government of India. Consult a SEBI-registered financial advisor before making investment decisions.
Frequently Asked Questions
Find answers to common questions about sukanya samriddhi. Click on any question to expand the answer.
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.
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.
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.
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.
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.
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.
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