Sukanya Samriddhi Yojana Calculator
Calculate SSY maturity amount for your daughter with EEE tax-free returns.
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Min ₹250 · Max ₹1,50,000 per year
SSY Key Rules
- Account must be opened before girl turns 10
- Deposits made for first 15 years only
- Account matures when girl turns 21
- 50% withdrawal allowed at age 18 for education
- EEE tax exemption: 80C + tax-free interest + maturity
Maturity Amount (Age 21)
₹18,89,947
When daughter turns 21 (18 years from now)
Total Deposited
₹7,50,000
Over 15 years
Total Interest
₹11,39,947
100% tax-free
Year-by-Year Growth
| Year | Daughter's Age | Deposited | Balance |
|---|---|---|---|
| 1 | 4 | ₹50,000 | ₹54,100 |
| 2 | 5 | ₹50,000 | ₹1,12,636 |
| 3 | 6 | ₹50,000 | ₹1,75,972 |
| 4 | 7 | ₹50,000 | ₹2,44,502 |
| 5 | 8 | ₹50,000 | ₹3,18,651 |
| 6 | 9 | ₹50,000 | ₹3,98,881 |
| 7 | 10 | ₹50,000 | ₹4,85,689 |
| 8 | 11 | ₹50,000 | ₹5,79,615 |
| 9 | 12 | ₹50,000 | ₹6,81,244 |
| 10 | 13 | ₹50,000 | ₹7,91,206 |
| 11 | 14 | ₹50,000 | ₹9,10,185 |
| 12 | 15 | ₹50,000 | ₹10,38,920 |
| 13 | 16 | ₹50,000 | ₹11,78,211 |
| 14 | 17 | ₹50,000 | ₹13,28,925 |
| 15 | 1850% withdrawal allowed | ₹50,000 | ₹14,91,996 |
| 16 | 19 | — | ₹16,14,340 |
| 17 | 20 | — | ₹17,46,716 |
| 18 | 21Maturity | — | ₹18,89,947 |
* Interest rate is subject to quarterly revision by the Government of India. Current rate: 8.2% p.a.
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About this tool
How to use Sukanya Samriddhi Yojana Calculator
- 1Enter the annual deposit amount (₹250 to ₹1,50,000)
- 2Enter your daughter's current age (must be below 10)
- 3View maturity amount when she turns 21
- 4See year-wise balance including when 50% withdrawal is allowed at age 18
Frequently Asked Questions
What is Sukanya Samriddhi Yojana?
SSY is a government savings scheme for the girl child, offering 8.2% p.a. interest (2024-25) with EEE tax benefits. The account can be opened at any post office or authorized bank before the girl turns 10. It matures when she turns 21.
Can I withdraw money before maturity?
Partial withdrawal of up to 50% of the previous year's balance is allowed when the girl turns 18, for higher education expenses. Premature closure is allowed for marriage after age 18. Full withdrawal only at maturity (age 21).
What is the interest rate for SSY?
The SSY interest rate is 8.2% per annum for FY 2024-25, set by the Government of India and reviewed quarterly. It has historically been one of the highest guaranteed rates among government small savings schemes.
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