Sukanya Samriddhi Calculator
A Sukanya Samriddhi calculator is a free online tool that computes the maturity value of your SSY account — including total deposits, compounded interest at the current rate, and the fully tax-free returns.
Range: ₹250 – ₹1,50,000 per year
Current rate: 8.2% (Q3 FY 2025-26). Editable as rates revise.
Year-wise Growth
| Year | Deposited | Balance |
|---|---|---|
| Year 1 | ₹1,50,000 | ₹1,62,300 |
| Year 2 | ₹3,00,000 | ₹3,37,909 |
| Year 3 | ₹4,50,000 | ₹5,27,917 |
| Year 4 | ₹6,00,000 | ₹7,33,506 |
| Year 5 | ₹7,50,000 | ₹9,55,954 |
| Year 6 | ₹9,00,000 | ₹11,96,642 |
| Year 7 | ₹10,50,000 | ₹14,57,067 |
| Year 8 | ₹12,00,000 | ₹17,38,846 |
| Year 9 | ₹13,50,000 | ₹20,43,732 |
| Year 10 | ₹15,00,000 | ₹23,73,618 |
| Year 11 | ₹16,50,000 | ₹27,30,554 |
| Year 12 | ₹18,00,000 | ₹31,16,760 |
| Year 13 | ₹19,50,000 | ₹35,34,634 |
| Year 14 | ₹21,00,000 | ₹39,86,774 |
| Year 15 | ₹22,50,000 | ₹44,75,989 |
| Year 16 | ₹22,50,000 | ₹48,43,020 |
| Year 17 | ₹22,50,000 | ₹52,40,148 |
| Year 18 | ₹22,50,000 | ₹56,69,840 |
| Year 19 | ₹22,50,000 | ₹61,34,767 |
| Year 20 | ₹22,50,000 | ₹66,37,818 |
| Year 21 | ₹22,50,000 | ₹71,82,119 |
EEE Tax Status: Deposits under Section 80C, interest tax-free, maturity tax-free. Partial withdrawal (50%) allowed after girl turns 18 for higher education.
Estimates only. Interest rate revised quarterly by government. Max 2 accounts per family.
How to use Sukanya Samriddhi Calculator
- Enter yearly deposit — Type the amount you'll deposit each year (min ₹250, max ₹1.5L).
- Enter child's age — Deposits are made for 15 years from account opening.
- Set interest rate — Defaults to current 8.2% — editable as rates revise.
- See maturity — View total deposits, interest earned, and tax-free maturity value.
Key features
- Maturity value at 21 years from opening
- 15-year deposit period calculation
- Current 8.2% rate (editable)
- Year-wise balance projection
- EEE tax status display
- Min/max deposit validation (₹250–₹1.5L)
- Partial withdrawal planning
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a government savings scheme launched in 2015 under the Beti Bachao Beti Padhao initiative. Parents or guardians can open an account for a girl child below 10 years. The scheme offers one of the highest interest rates among all small savings schemes — currently 8.2% — plus complete tax exemption at every stage. It's designed for long-term wealth creation for a girl child's education and marriage.
How SSY Works
You deposit between ₹250 and ₹1.5 lakh per financial year for 15 years from account opening. After 15 years, you stop depositing, but the corpus continues to earn interest until maturity at 21 years from opening. Partial withdrawal (up to 50% of balance) is allowed after the girl turns 18, for higher education. If the girl marries after 18, the account can be closed early. Maximum of 2 accounts per family (3 in case of twins/triplets).
SSY Tax Benefits (EEE)
Sukanya Samriddhi is one of the few 'EEE' (Exempt-Exempt-Exempt) instruments in India. Deposits qualify for deduction under Section 80C (up to ₹1.5 lakh). Interest earned is completely tax-free. Maturity proceeds are also tax-free. Compare this to fixed deposits where interest is taxed every year — a 8.2% SSY is effectively equivalent to a 11.7% FD for a 30% slab taxpayer. That's a huge difference over 21 years.
SSY vs PPF vs Mutual Funds
SSY: 8.2% guaranteed, EEE, 21-year tenure, girl child only, ₹1.5L/year cap. PPF: 7.1% guaranteed, EEE, 15-year tenure, anyone, ₹1.5L/year cap. Equity mutual funds: 10-12% expected, LTCG 12.5% above ₹1.25L, no cap. SSY wins for girl child goals on safety and rate. But for pure wealth maximization, equity funds over 15+ years can beat SSY — though with volatility. Many parents split contributions: SSY for guaranteed base, mutual funds for growth.
Pro tips
- Max out ₹1.5L/year to get full Section 80C deduction
- Deposit early in April to maximize interest for the year
- Continue SSY for the child's higher education fund
- Open before the girl turns 10 — that's the deadline
Common use cases
- Planning a girl child's education corpus
- Estimating SSY maturity value
- Tax-saving investment planning
- Comparing SSY with PPF and FDs
- Long-term savings for child's marriage
Frequently asked questions
What is Sukanya Samriddhi Yojana?+
SSY is a government-backed savings scheme for a girl child under 10 years old, offering the highest interest among small savings schemes with full tax exemption (EEE).
What is the SSY interest rate?+
Currently 8.2% per annum (Q3 FY 2025-26). Rates are revised quarterly by the government.
How much can I deposit in SSY?+
Minimum ₹250 and maximum ₹1.5 lakh per financial year. Deposits must be made for 15 years from account opening.
When does SSY mature?+
21 years from account opening, or upon the girl's marriage after age 18 — whichever is earlier.
Is SSY interest taxable?+
No. SSY is EEE (Exempt-Exempt-Exempt) — deposits qualify under Section 80C, interest is tax-free, and maturity is fully exempt.
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