Sukanya Samriddhi Yojana Calculator
👧 Sukanya Samriddhi Yojana Calculator
Secure Your Daughter's Future with SSY
📅 SSY Timeline
✅ Key Features
- Interest Rate: 8.2% p.a. (Q4 FY 2025-26, Jan-Mar 2026)
- Tax-free returns (EEE status)
- Minimum deposit: ₹250/year
- Maximum deposit: ₹1.5 Lakh/year
- Deposit period: 15 years
- Maturity: 21 years from opening
📋 Eligibility
- Girl child below 10 years
- Maximum 2 accounts per family
- Parent/guardian can open account
- Resident Indians only
- One account per girl child
📊 Year-wise Growth
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 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
Frequently Asked Questions
Frequently Asked Questions
What is Sukanya Samriddhi Yojana (SSY)?
Sukanya Samriddhi Yojana is a government-backed savings scheme designed for the financial empowerment of the girl child in India. It offers a high interest rate and tax benefits, making it a popular choice for parents to save for their daughter's education and marriage.
What is the current interest rate for SSY?
The interest rate for SSY is reviewed quarterly by the government. For the current quarter, the interest rate is 8.2% per annum, compounded annually.
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.
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.
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.
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 2025-26) 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 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.
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C.K. Gupta
Hello, I am C.K. Gupta Founder of Taxgst.in, a seasoned finance professional with a Master of Commerce degree and over 20 years of experience in accounting and finance. My extensive career has been dedicated to mastering the intricacies of financial management, tax consultancy, and strategic planning. Throughout my professional journey, I have honed my skills in financial analysis, tax planning, and compliance, ensuring that all practices adhere to the latest financial regulations. My expertise also extends to auditing, where I focus on maintaining accuracy and integrity in financial reporting. I am passionate about using my knowledge to provide insightful and reliable financial advice, helping businesses optimize their financial strategies and achieve their economic goals. At Taxgst.in, I aim to share valuable insights that assist our readers in navigating the complex world of taxes and finance with ease.
