SSY Calculator India (2026) – Sukanya Samriddhi Yojana Maturity Returns

Calculate the maturity amount for your girl child's Sukanya Samriddhi account. Plan for her education and marriage with the highest tax-free returns in India.

About | Formula | Example | FAQs

SSY Account Details

Yr
%

Total Principal

₹0

Interest Gained

₹0

SSY Maturity Summary

Total Maturity Amount

₹0

Maturity Year

2047

Principal Invested Total Interest
₹0
₹0

Plan Highlights

  • ✅ Triple tax benefits (Exempt-Exempt-Exempt)
  • 📈 High 8.2% guaranteed return
  • 🔒 Secure government-backed scheme
  • ⚡ 21-year complete maturity period

Year-wise Growth Table

Detailed yearly breakdown of your investment, interest earned, and the resulting balance.

Age Year Investment Interest Earned Balance

How is SSY Maturity Calculated?

SSY uses annual compounding. Interest is calculated monthly but credited at the end of the financial year. Deposits are made for 15 years, and the account matures after 21 years.

A = P × (1 + r/n)nt

A: Final Maturity Amount | P: Yearly Principal Deposit

r: Annual Interest Rate | n: Compounding frequency (1 for Annual)

Example SSY Calculation (India)

If you invest ₹1,50,000 annually for 15 years at an interest rate of 8.2%:
  • Total Investment: ₹22,50,000
  • Total Interest Earned: ₹46,77,222
  • Maturity Amount: ₹69,27,222

What is Sukanya Samriddhi Yojana (SSY)?

Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme launched as part of the "Beti Bachao, Beti Padhao" campaign. It is specifically designed to meet the financial requirements of a girl child’s education and marriage. The scheme offers one of the highest interest rates among various small savings schemes in India, making it a favorite for parents.

The scheme allows parents to open an account for their daughter before she turns 10. Deposits can be made for a maximum of two daughters (or three in case of twins/triplets). The maturity period is 21 years from the date of account opening, or when the girl gets married after turning 18.

Key Benefits of SSY

  • High Returns: Offers a higher interest rate compared to PPF, FD, and NSC.
  • Triple Tax Exemption: Deposits, interest earned, and maturity amounts are all exempt from tax under Section 80C.
  • Small Minimum Deposit: You can start with as little as ₹250 per year.
  • Capital Safety: Being a sovereign-backed scheme, your money is 100% safe.

SSY vs. PPF vs. Mutual Funds

Feature SSY PPF Mutual Funds (SIP)
Avg. Interest Rate 8.2% (Fixed) 7.1% (Fixed) 12-15% (Variable)
Tax Benefit EEE (Fully Exempt) EEE (Fully Exempt) Taxable (LTCG)
Risk Level Zero Risk Zero Risk Market Risk

How to Maximize Your SSY Returns?

To get the most out of your Sukanya Samriddhi investment, follow these pro-strategies:

Deposit Before the 5th

Interest is calculated on the lowest balance between the 5th and the end of the month. Deposit your monthly contribution by the 4th to earn interest for that month.

Earn Extra Interest

Invest Early in Year

Try to invest the full ₹1.5 Lakh limit in April every year. This allows the principal to earn compounding interest for the full 12 months of the financial year.

Massive Compounding

SSY Frequently Asked Questions (2026)

1. Who can open an SSY account?
A natural or legal guardian can open an account in the name of a girl child who is under 10 years of age.
2. What is the maximum deposit limit?
The minimum deposit is ₹250, and the maximum deposit allowed in a financial year is ₹1.5 Lakh.
3. Can I withdraw money before 21 years?
Partial withdrawal up to 50% of the balance is allowed for the higher education of the girl child once she attains the age of 18 or passes the 10th standard.
4. What happens if I stop paying the SSY installments?
The account will be considered 'discontinued'. It can be regularized by paying a penalty of ₹50 per year along with the minimum deposit of ₹250 for each defaulted year.
5. Does the interest rate stay the same for 21 years?
No, the government reviews and updates the interest rate every quarter. However, once credited, the interest for that period remains fixed.
6. Can NRI parents open an SSY account?
No, the girl child must be an Indian resident. If the girl child acquires NRI status later, the account will earn interest only up to the date she loses resident status.
7. What documents are required?
You need the birth certificate of the girl child, and ID/Address proof of the guardian (Aadhar, PAN, Voter ID).
8. Is loan against SSY available?
No, unlike PPF, there is no facility to take a loan against the balance in a Sukanya Samriddhi account.

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Disclaimer

The SSY Calculator is for educational purposes. Interest rates are determined by the Government of India and may change quarterly. While we strive for accuracy, actual maturity amounts may vary based on the date of deposit and changes in government policy.

Last Updated: March 2026