SSY Calculator
Calculate the maturity amount of your Sukanya Samriddhi Yojana investment with interest and tax benefits.
Related tools
More in investments
Sukanya Samriddhi Yojana
SSY Corpus Growth
Balance growth from age 3 to 21
Secure Your Daughter's Future
Open an SSY account at any post office or bank.
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for the girl child offering 8.2% interest with full tax-free status (EEE). With a 21-year horizon, this is one of the most rewarding small savings schemes in India. Use the calculator above to plan your daughter's future education or wedding corpus.
SSY Maturity for Different Annual Deposits
| Annual Deposit | Deposit Period | Total Deposited | Maturity (Age 21) |
|---|---|---|---|
| ₹25,000 | 15 years | ₹3.75L | ₹11.0L |
| ₹50,000 | 15 years | ₹7.5L | ₹22.0L |
| ₹1,00,000 | 15 years | ₹15L | ₹44.0L |
| ₹1,50,000 | 15 years | ₹22.5L | ₹66.0L |
*Assuming 8.2% p.a. interest rate, child starts at age 3, deposits for 15 years, matures at age 21.
Why SSY is the Best Girl Child Scheme
Highest Interest Rate
At 8.2%, SSY offers the highest rate among all government small savings schemes — higher than PPF (7.1%), NSC (7.7%), and SCSS (8.2% parity).
Full Tax Exemption (EEE)
Deposits are eligible for 80C deduction. Unlike NSC, both the interest earned and the maturity amount are completely tax-free.
Partial Withdrawal for Education
Up to 50% of the balance can be withdrawn when the girl turns 18 for higher education or marriage expenses.
Guaranteed Returns
Backed by the Government of India with zero risk. The interest rate is reviewed quarterly and has historically been 100-200 bps above other small savings.
How SSY Maturity Is Calculated
In plain words
Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme for the girl child. The account can be opened anytime from birth to age 10, deposits are made for 15 years, and the account matures when the girl turns 21.
Balance = (Previous Balance + Annual Deposit) × (1 + r)
Where:
r = Annual SSY Interest Rate
Deposits are made for 15 years
Account matures when the girl turns 21 years oldA quick example
Let us calculate SSY maturity for a typical deposit plan:
Step by step
- 1.Deposit ₹50,000 annually for 15 years (total deposited: ₹7,50,000)
- 2.Account matures at age 21 (18 years from age 3)
- 3.After 15 years of deposits, the account continues to earn interest for 3 more years (no deposits)
- 4.50% can be withdrawn at age 18 for higher education
So the answer is: Maturity Amount ≈ ₹22,00,000 | Interest Earned ≈ ₹14,50,000 | Returns: ~3× of deposited amount