Sukanya Samriddhi Calculator — Government Scheme for Girl Child
Calculate returns on Sukanya Samriddhi Yojana investment for your daughter. See maturity value and tax benefits under this government-backed scheme.
Sukanya Samriddhi Yojana is a government savings scheme for the girl child offering one of the highest guaranteed returns among small savings schemes at 8.2% per annum. The scheme matures in 21 years from account opening or upon the girl marriage after age 18. Investments up to Rs 1.5 lakh per year qualify for Section 80C deduction and both the interest and maturity amount are completely tax-free making it an EEE (Exempt Exempt Exempt) instrument.
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Key Information
| Parameter | Details |
|---|---|
| Current Interest Rate | 8.2% per annum (2026) |
| Minimum Annual Deposit | Rs 250 |
| Maximum Annual Deposit | Rs 1.5 lakh |
| Maturity Period | 21 years from opening |
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Use Calculator NowFrequently Asked Questions
How much will SSY give on Rs 1.5 lakh per year?
Investing the maximum Rs 1.5 lakh annually for the mandatory 15 years at 8.2% interest the account grows during the remaining 6 dormant years to approximately Rs 69.3 lakh at maturity. Total investment: Rs 22.5 lakh. Interest earned: Rs 46.8 lakh — more than double your investment. This is completely tax-free making effective returns even higher.
When can I withdraw from Sukanya Samriddhi?
Partial withdrawal of up to 50% of the balance is allowed when the girl turns 18 for higher education purposes. Full maturity withdrawal happens after 21 years from account opening. Premature closure is allowed after 5 years only in exceptional circumstances like life-threatening illness or death of the guardian. Otherwise the money remains locked for the full term.
Is Sukanya Samriddhi better than PPF for daughter?
SSY offers 8.2% versus PPF 7.1% — a significant 1.1% advantage compounding over 21 years. Both have EEE tax status. SSY wins on returns while PPF offers more flexibility (partial withdrawals from year 7 and loan facility from year 3). For a dedicated girl child education and marriage fund SSY is clearly superior due to the higher guaranteed rate.
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Last updated: March 2026