Sukanya Samriddhi Calculator — Plan Your Daughter's Future
Calculate Sukanya Samriddhi Yojana maturity amount for your daughter. Understand SSY interest rates deposit limits and tax benefits under Section 80C.
Sukanya Samriddhi Yojana is a government-backed savings scheme for the girl child offering one of the highest interest rates among small savings schemes at 8.2% per annum. Parents can open an SSY account for a girl child below 10 years of age and deposit Rs 250 to Rs 1.5 lakh per year for 15 years. The account matures after 21 years from opening and the entire maturity amount including interest is tax-free under the EEE category.
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Key Information
| Parameter | Details |
|---|---|
| Current SSY Rate | 8.2% per annum |
| Minimum Annual Deposit | Rs 250 |
| Maximum Annual Deposit | Rs 1.5 lakh |
| Account Maturity | 21 years from opening |
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Use Calculator NowFrequently Asked Questions
How much will I get in SSY after 21 years?
If you deposit the maximum Rs 1.5 lakh per year for 15 years at 8.2% interest the maturity amount after 21 years will be approximately Rs 69.27 lakh. Your total deposit would be Rs 22.5 lakh (1.5L x 15 years) and the interest earned would be about Rs 46.77 lakh completely tax-free making this one of the most attractive savings schemes in India.
Can I withdraw from SSY before maturity?
Partial withdrawal of up to 50% of the balance is allowed after the girl child turns 18 for education or marriage purposes. Premature closure is allowed after the girl turns 18 for marriage. The account can also be closed prematurely in case of medical emergency or death of the account holder though interest will be paid at the prevailing SSY rate.
Is SSY better than PPF for girl child?
SSY offers 8.2% interest versus PPF at 7.1% making it more rewarding. Both have EEE tax status. However SSY can only be opened for a girl child under 10 and has a 21-year maturity while PPF has a 15-year maturity extendable by 5 years. For a girl child SSY is clearly the better choice due to higher returns and similar safety.
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Last updated: 24 March 2026