Sukanya Samriddhi Calculator
Estimate a Sukanya Samriddhi Account maturity, find a deposit for your goal and compare timing or rate scenarios. See how the deposit phase and interest-only years fit together.
Projection for a new account under an April-start model. Future interest rates can change. This tool does not open an account or guarantee a maturity amount.
Build a deposit plan and compare outcomes
Choose a mode and enter your deposit assumptions.
Your SSY deposit and interest timeline
The chart shows year-end balances. The schedule separates accrued interest from interest actually credited.
Four SSY planning examples
Hypothetical April-start plans. Results use unchanged assumptions for all 21 years and are not promised payouts.
Monthly maturity plan
₹5,000 every month for 15 years, on/before the fifth, at a constant assumed 8.2%.
₹27,73,058 projected maturity
Work back from a target
₹25,00,000 target with monthly deposits, on/before the fifth, at a constant assumed 8.2%.
₹4,550 monthly → ₹25,23,482 projected
Compare fifth-day timing
₹5,000 monthly at an assumed 8.2%; compare early and later deposits under the same model.
₹18,141 modeled maturity difference
Compare two constant rates
₹5,000 monthly, early timing; compare an 8.2% assumption with a 7% sensitivity scenario.
₹27,73,058 versus ₹23,48,510
SSY rules and rate reference
Reviewed 14 October 2026. Follow the scheme and institution links to check the dates and conditions.
Rate for October–December 2026
Indian Bank’s published small-savings table lists 8.2% per year for SSY for 1 October–31 December 2026, citing the Ministry of Finance memorandum dated 30 September 2026. The calculator holds your chosen rate constant. Check the quarter’s rate table ↗
Opening and deposits
A guardian may open an account for a girl below age 10. Deposits run for 15 years, within a ₹250 minimum and ₹1,50,000 maximum per financial year, with subsequent deposits in multiples of ₹50. Scheme paragraphs 3–4 ↗
Interest and maturity
The fifth-day monthly balance rule and financial-year interest credit are in paragraph 5. Paragraph 9 sets maturity at 21 years from opening. The original scheme PDF’s 8.4% is historical; use the current rate table for today’s rate. Read the official scheme ↗
Three distinctions that change an SSY plan
Use the rules to interpret the projection, not just the final balance.
15 years is the deposit window
In this model, contributions stop after year 15. The existing balance continues earning assumed interest for years 16–21. A ₹5,000 monthly plan therefore deposits ₹9,00,000 in total, not ₹12,60,000.
21 years starts at account opening
Opening when the girl is eight means maturity roughly when she is 29, not 21. Education needs may arise before maturity; do not assume the full projected balance is available then.
The fifth is an interest cutoff
A deposit credited after the fifth does not raise that month’s eligible balance. Timing Compare isolates this effect using the same instalments and rate; it is not a bank processing-time guarantee.
How the projection is calculated
The same engine powers the results, comparison and downloads.
Accrue monthly, credit annually
For each month, accrued interest = eligible balance × annual rate ÷ 12. Early deposits are included that month; late deposits are included next month. Accrued interest does not itself earn interest before credit.
Round at financial-year end
Twelve months of accrued interest are added at March-end, rounded to the nearest whole rupee with 50 paise rounded upward. Monthly accrual rows retain decimals; they are not a bank statement.
Find a deposit within this uniform-plan model
Goal Deposit searches ₹50 steps from ₹250 per instalment to this model’s frequency-specific maximum. It returns the smallest supported uniform deposit reaching the modeled goal, or reports an unreachable target. This is not an optimisation across every deposit pattern the scheme allows.
Before planning an education withdrawal
These are scheme conditions; this calculator does not subtract a withdrawal.
A conditional ceiling, not an entitlement
Paragraph 8 allows up to 50% of the balance at the end of the preceding financial year for education, after age 18 or passing tenth standard, whichever is earlier. Actual permitted withdrawal is limited by documented educational charges. Read withdrawal conditions ↗
Prepare the evidence
The scheme asks for an admission offer or fee slip with the withdrawal application. Confirm the applicable documents and timing with the account office. Keep the preceding March-end balance handy.
Maturity and marriage closure differ
Marriage-related closure before 21 years requires the account holder to be at least 18 and is restricted to the scheme’s application window. Other premature closure grounds have separate rules. Check paragraphs 7–9 ↗
SSY tax treatment is separate from this projection
Deposit deductions depend on the relevant tax year and your regime; the displayed maturity does not include a tax saving.
Deposit deduction has conditions
For tax years starting 1 April 2026, the Income Tax Department says section 123 of the 2025 Act retains a ₹1.5 lakh aggregate limit for specified savings instruments under the old regime. The deduction is unavailable under the new regime. Read official tax FAQ ↗
Payment exemption and deposit deduction differ
Whether an SSY account payment qualifies for exemption is separate from whether your contribution qualifies for a deduction. Check the applicable Act and scheme conditions for the tax year concerned. Income Tax Department: Act and transition guidance ↗
Regime choice affects the deposit deduction
The specified-savings deduction discussed here is unavailable under the new regime. Check eligibility and the relevant tax-year rules before claiming it. This does not mean that every deduction or exemption is unavailable under that regime.
Tax savings are outside this estimate
The displayed maturity is deposits plus modeled interest. No tax deduction, TDS calculation, inflation adjustment or personal tax saving is added. A constant interest assumption does not forecast tax treatment over the next 21 years.
Before you use the result
A practical check for a parent or guardian.
Check account eligibility
One account per girl; generally up to two girls per family, with specified multiple-birth exceptions. Ask the account office to verify eligibility and supporting documents.
Keep a sustainable annual plan
Keep total deposits within ₹1,50,000 per financial year, including extra payments. Monthly mode repeats 12 equal instalments, each at least ₹250 in this model. Smaller later instalments can be allowed by the scheme but are not represented here.
Review the rate each quarter
Recalculate after published rate changes. Keep separate money for education expenses that may fall before SSY maturity; a maturity projection does not establish withdrawal eligibility.
What this SSY estimate includes
Know exactly what is included before relying on the estimate.
What it does
Projects a new April-start account with fixed monthly or April annual deposits for 15 years, constant interest for 21 years, monthly accrual and annual rounded credit. Timing and rate comparisons change only the stated assumption.
What it leaves out
Existing account history, opening-month variations, changing quarterly rates, extra or missed deposits, default penalties, withdrawals, premature closure, inflation and personal tax savings are excluded. It does not confirm legal eligibility.
What happens to your inputs
This calculator’s code computes in your browser and does not upload the entered values. Downloads contain the assumptions you entered. The surrounding WordPress site and third-party font service have their own data handling.
SSY calculator questions
Answers about the model and the account rules.
Is 8.2% guaranteed for 21 years?
No. The October–December 2026 reference rate is a starting value. Government can revise the scheme rate; all future months here use your fixed assumption.
Why does the calculator assume April opening?
An April start aligns the 15- and 21-year boundaries with financial-year interest credits. Opening in another month changes partial-year credits and deposit-limit periods; this simplified tool is not an exact account-office maturity quotation.
Can I enter my existing SSY balance?
This version projects a new account only. An existing-account projection needs the actual opening date, credited balance, deposits and accrued interest history.
Does monthly mode compound interest monthly?
No. It accrues interest each month and credits the rounded total at March-end. Interest-on-interest starts only after that annual credit.
Can the full amount be used at age 18?
Age 18 alone does not release the full maturity amount. Education withdrawals and marriage closure have separate documentary and timing conditions in the scheme.
Does the result include tax savings?
No. It does not calculate income-tax deductions or personal tax liability. A deposit deduction depends on the tax year and regime; see the tax treatment section. Do not add an assumed saving to the displayed maturity.
Is ₹250 the minimum required every month?
No. The scheme specifies a ₹250 initial deposit and a ₹250 financial-year minimum, with subsequent deposits in ₹50 multiples. This calculator restricts uniform monthly plans to at least ₹250 each month so it does not have to model a different opening instalment. Goal mode finds the smallest deposit within that narrower model.