Smart SSY Calculator
Secure your daughter's future. Calculate the maturity amount of your Sukanya Samriddhi Yojana account, tax-free interest, and plan for her education or marriage.
High Interest
Highest among small savings
Tax Free
EEE Status (100% Exempt)
21 Years
Long term compounding
Secure Future
Govt backed scheme
What is an SSY Calculator?
A specialized tool to estimate the corpus you will build for your daughter by the time she turns 21 under the Sukanya Samriddhi Yojana.
Your Daughter's Wealth Engine
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched as part of the "Beti Bachao, Beti Padhao" campaign. It offers the highest interest rates among small savings schemes and is designed to build a fund for your daughter's education and marriage expenses.
15 vs 21 Rule
The account matures in 21 years, but you only need to make deposits for the first 15 years. For the remaining 6 years, your money earns interest without new deposits.
EEE Tax Status
Exempt-Exempt-Exempt: Investment is tax deductible (80C), Interest earned is tax-free, and Maturity amount is tax-free.
Eligibility
Can be opened for a girl child below 10 years of age. Maximum 2 accounts per family (for 2 girls).
Investment Limits
Minimum deposit is ₹250 per year, and maximum is ₹1.5 Lakh per year per account.
Compound Interest
Interest is compounded annually. The rate is revised quarterly by the government (approx 8% - 8.2%).
Yearly Schedule
View a detailed timeline showing how your money grows over 21 years, separating deposit years from interest-only years.
Why Choose Our SSY Calculator?
Accurate Logic
Many calculators wrongly assume deposits for 21 years. We correctly calculate deposits for only the first 15 years, as per SSY rules.
Age Context
We allow you to input your daughter's current age to show exactly when the account will mature (e.g., at age 21 or 22).
Visual Breakdown
Our interactive charts clearly distinguish between the principal amount invested and the massive wealth generated through interest.
SSY Calculator
Calculate Maturity Value & Interest for Sukanya Samriddhi Yojana.
Min ₹250, Max ₹1.5 Lakh per year.
Current SSY Interest Rate.
Max 10 years to open account.
How to Use the SSY Calculator
Three easy steps to check your daughter's future fund.
Enter Investment Amount
Enter the amount you plan to deposit annually. You can invest between ₹250 and ₹1.5 Lakhs per year.
Set Child's Age
Input your daughter's current age. This helps the calculator generate a schedule showing her age at maturity (21 years from start).
View Maturity
Click 'Calculate SSY' to see the total corpus, interest earned, and year-by-year growth of the fund.
Decoding SSY Rules
Understand the terminology before you invest.
| Term | Definition | Impact |
|---|---|---|
| Deposit Period | First 15 years from account opening. | You only pay during this time. |
| Maturity Period | 21 years from account opening. | Corpus is locked until this time (or marriage). |
| EEE Status | Exempt-Exempt-Exempt. | No tax on Investment, Interest, or Withdrawal. |
| Compounding | Annual Compounding. | Massive growth in later years. |
Why Choose SSY?
SSY is designed specifically to secure the financial future of the girl child.
Complete Tax Exemption
SSY is one of the few schemes in India with EEE status. Your investment reduces your taxable income today, and the large corpus you receive at maturity is entirely tax-free.
Highest Interest Rate
The government offers a higher interest rate for SSY compared to PPF, NSC, or standard Bank FDs to encourage saving for the girl child.
SSY vs PPF vs FD
How does Sukanya Samriddhi Yojana compare to other options?
SSY
Best for long-term wealth creation for girl child with max tax benefits.
PPF
Best for general retirement planning with tax benefits.
Who Should Use SSY Calculator?
Discover how our SSY calculator helps you plan.
Parents of Girl Child
If you have a daughter below 10 years of age, this is the single best investment scheme for her future education or marriage expenses.
Tax Savers
Individuals wishing to exhaust their Section 80C limit of ₹1.5 Lakhs while ensuring tax-free returns.
SSY Example Scenario
See how small annual deposits turn into a large corpus.
Max Investment Strategy
Profile: ₹1,50,000/year for 15 Years @ 8.2% Interest
Result: By investing ₹1.5L annually, you create a massive tax-free corpus of nearly ₹70 Lakhs.
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Frequently Asked Questions
Common queries about SSY.
Can I withdraw before 21 years?
Partial withdrawal (up to 50% of the balance) is allowed for the girl's higher education once she turns 18. Complete withdrawal is allowed if she gets married after age 18.
What happens if I miss a deposit?
The account becomes 'Default'. To reactivate it, you must pay a penalty of ₹50 per year of default along with the minimum deposit amount of ₹250 for each defaulted year.
How many SSY accounts can I open?
A parent can open only one account per girl child, and a maximum of two accounts per family (for two daughters). An exception is made for twins/triplets.
Have Specific Questions?
Government schemes can be tricky. Contact us for guidance on calculations.
Contact Us