SSY Calculator — Sukanya Samriddhi Yojana Returns & Maturity
Calculate the maturity amount of a Sukanya Samriddhi Yojana account at 8.2% p.a. with full EEE tax benefits. See deposits over 15 years, growth to maturity at 21 years, and a year-by-year breakdown for your daughter's future.
Last updated: June 2026
An SSY account must be opened before the girl turns 10.
Between ₹250 and ₹1,50,000 per financial year.
Investment frequency
Deposited once per financial year
Current SSY rate Q1 FY 2026-27. Reviewed quarterly by the Government of India.
Results (8.2% p.a.)
- Maturity amount at 21 years
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- Total deposited (15 years)
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- Total interest earned
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EEE Tax Benefits — Triple Exempt
- ✓ 80C deduction on investment (up to ₹1.5L/year)
- ✓ Interest: 100% tax free
- ✓ Maturity: 100% tax free
Higher rate than PPF — 8.2% vs 7.1%.
SSY vs PPF
SSY: 8.2% · girl child only · 21-year tenure.
PPF: 7.1% · anyone · 15-year lock-in.
Both EEE and government backed.
Year-by-year breakdown
Deposits for the first 15 years, then compounding to maturity at year 21.
| Year | Girl's age | Deposit | Interest | Closing balance |
|---|
💡 SSY key tips
- → Open the account before your daughter turns 10.
- → Deposit before April 5 each year for maximum interest.
- → Maximum two accounts per family (one per girl child).
- → Partial withdrawal (up to 50%) allowed after she turns 18.
- → Keep at least ₹250/year to keep the account active.
- → Maturity at 21 years from opening, or on marriage after 18.
A free SSY calculator to plan your daughter's future.
The Sukanya Samriddhi Yojana (SSY) calculator shows how a government-backed girl-child savings account grows over its full 21-year life. SSY is one of the highest-returning small-savings schemes in India, currently paying 8.2% per annum — higher than the PPF — with complete tax exemption. Enter your daughter's age and the amount you plan to invest each year, and the calculator instantly projects the maturity amount, the total you will have deposited, the interest earned, and a clear year-by-year table.
A key feature of SSY is its structure: you make deposits for the first 15 years, but the account keeps earning interest until it matures 21 years from opening. That means roughly six extra years of pure compounding after your last deposit, which is why a full ₹1.5 lakh a year can grow into a corpus of around ₹69 lakh or more. The account must be opened before the girl turns 10, allows between ₹250 and ₹1,50,000 a year, and permits a partial withdrawal of up to 50% once she turns 18 — typically used for higher-education costs.
Why SSY's EEE status is so powerful
Like the PPF, SSY carries EEE (Exempt-Exempt-Exempt) tax treatment — the most favourable available. Your contribution is deductible up to ₹1.5 lakh a year under Section 80C, the interest accruing each year is tax-free, and the entire maturity amount is exempt on withdrawal. Combined with the 8.2% rate, that triple exemption gives SSY a meaningful edge over a taxable fixed deposit for long-term, conservative saving. If you're weighing options, compare it with the PPF calculator and the FD calculator. Everything here runs privately in your browser — nothing you enter is uploaded — so you can model different contribution levels freely.
Financial Disclaimer: Results are estimates for informational purposes only and not financial or tax advice. The SSY rate is set quarterly and may change; the projection assumes deposits at the start of each year. Consult a qualified advisor before investing.
How it works
Three quick steps — no account, nothing uploaded to a server.
Enter your daughter's age
She must be under 10 to open an SSY account, plus your yearly investment.
See the maturity instantly
Maturity, total interest and the year-by-year table update live at 8.2%.
Plan the milestones
Note the last deposit at year 15 and maturity at year 21.
Rates and rules on this page are verified against National Savings Institute (Government of India). Last checked July 2026.
FAQ
Frequently asked questions
What is the Sukanya Samriddhi Yojana (SSY)?
Sukanya Samriddhi Yojana is a Government of India small-savings scheme created for the girl child as part of the 'Beti Bachao, Beti Padhao' campaign. A parent or guardian can open an account for a girl below the age of 10, deposit between ₹250 and ₹1,50,000 a year, and earn a high, government-backed interest rate with full tax exemption. The account is designed to build a corpus for the girl's higher education and marriage.
What is the current SSY interest rate?
The SSY interest rate is 8.2% per annum for Q1 of FY 2026-27, compounded annually. It is reviewed every quarter by the Government of India and is currently higher than the PPF rate of 7.1%. Because the scheme is government-backed and the returns are completely tax-free, the effective return is among the best available to a conservative Indian saver.
How long do I deposit and when does SSY mature?
You make deposits for the first 15 years from the date you open the account. After that, no further deposits are needed, but the balance continues to earn interest until the account matures 21 years from opening. So a typical account has 15 years of contributions followed by 6 years of pure compounding. Partial withdrawal of up to 50% of the balance is allowed once the girl turns 18, mainly for higher-education expenses.
Is SSY tax-free?
Yes. SSY enjoys EEE (Exempt-Exempt-Exempt) status. Your contribution qualifies for a deduction of up to ₹1.5 lakh a year under Section 80C, the interest earned each year is completely tax-free, and the entire maturity amount is tax-free on withdrawal. No tax is payable at any stage, which makes it one of the most tax-efficient ways to save for a daughter's future.
What are the rules for opening an SSY account?
The account must be opened before the girl turns 10. A family can open a maximum of two accounts (one per girl, with exceptions for twins or triplets). The minimum deposit is ₹250 in a financial year and the maximum is ₹1,50,000; missing the minimum makes the account inactive until a small penalty is paid. To maximise interest, deposit early in the financial year, ideally before April 5. This calculator assumes deposits at the start of each year for a clean projection.
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