Sukanya Samriddhi Calculator — Plan Your Daughter's Future — India 2026
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.
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.
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Sukanya Samriddhi Yojana Calculator
Understanding Your Investment Returns
This calculator projects your returns using compound interest, where your earnings generate their own earnings over time. The power of compounding means that even small regular investments can grow into substantial wealth over long periods. For example, investing just Rs 5,000 per month at 12% expected returns for 25 years can grow to over Rs 1 crore — of which only Rs 15 lakh is your own money and Rs 85 lakh is compounding returns. The key factors that determine your final corpus are: the amount invested, the rate of return, the duration of investment, and the frequency of compounding.
Important Considerations
Past returns do not guarantee future performance, especially for market-linked instruments like mutual funds and equities. The returns shown are estimates based on the rate you enter. Equity investments carry market risk but have historically delivered 12-15% CAGR over 15+ year periods in India. Fixed income options like PPF (7.1%) and FD (6-7.5%) offer lower but more predictable returns. Diversifying across asset classes — equity, debt, gold, and real estate — reduces overall portfolio risk while optimizing returns for your risk tolerance.
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.
What is compound interest and why does it matter?
Compound interest means you earn interest on your interest, not just your principal. Over long periods, this creates exponential growth — even small regular investments can grow into substantial wealth over 15-25 years.
Is SIP better than lumpsum investment?
SIP invests a fixed amount monthly, averaging out market volatility through rupee cost averaging. Lumpsum works better when markets are low. For most investors, SIP builds discipline and removes the need to time the market.
How much should I invest monthly to become a crorepati?
At 12% expected returns, a monthly SIP of Rs 5,000 for 30 years grows to approximately Rs 1.76 crore. Increasing your SIP by 10% annually makes the corpus even larger. Start early, stay consistent.
Are investment returns taxable?
PPF returns are tax-free. Equity mutual fund LTCG above Rs 1.25 lakh/year is taxed at 12.5%. FD interest is taxed at your slab rate. NPS offers an additional Rs 50,000 deduction under 80CCD(1B).
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Last updated: March 2026