Sukanya Samriddhi Yojana (SSY) Calculator

Plan your daughter's future with the SSY calculator. Estimate maturity amount, interest earned, and annual contributions.

Investment Details

₹ 1,00,000
Min: ₹250, Max: ₹1,50,000 per year
5 Years
Age at account opening (0-10 years)
8.2 %
Interest rate is subject to change quarterly by government.

Maturity Amount

₹ 0

Total Investment

₹ 0

Total Interest Earned

₹ 0

Year-wise Growth (Investment & Interest)

Year Age of Girl Child Investment Made Interest Earned Closing Balance

Sukanya Samriddhi Yojana Calculator: Plan Your Daughter's Future

Estimate maturity amounts and contributions for a secure financial future for your girl child with our easy-to-use SSY calculator.

Unlock the Potential of Sukanya Samriddhi Yojana

The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme in India designed to secure the financial future of girl children. It offers attractive interest rates and tax benefits, making it a popular choice for parents. To help you plan effectively, our Sukanya Samriddhi Yojana Calculator provides a clear projection of your investments.

Understand how your contributions can grow over time, empowering you to make informed decisions for your daughter's education and marriage.

How to Estimate Your SSY Returns

Our intuitive SSY calculator simplifies complex calculations, giving you quick insights into your potential returns. All calculations are performed securely in your browser, ensuring your data privacy.

  • Enter Key Details
    Input the annual investment amount you plan to make, the girl child's age, and the year the account was opened.
  • Contribution Period
    The calculator automatically factors in the 15-year contribution period and the 21-year maturity period from the account opening date.
  • View Projections
    Instantly see the estimated maturity amount, total invested amount, and the total interest earned based on current SSY interest rates.
  • Plan with Confidence
    Use these projections to adjust your savings strategy and ensure a bright financial future for your daughter.

Key Aspects of Sukanya Samriddhi Yojana

Understanding the nuances of SSY can help you maximize its benefits:

Minimum & Maximum Deposit:
A minimum of ₹250 and a maximum of ₹1.5 lakh can be deposited in a financial year.
Interest Rate:
The interest rate is declared quarterly by the government and is compounded annually. Our calculator uses the latest available rate for estimation.
Contribution Period:
Deposits can be made for 15 years from the date of account opening. The account matures after 21 years or upon the girl's marriage after 18 years of age.
Tax Benefits:
Investments qualify for deduction under Section 80C of the Income Tax Act, and the maturity amount is also tax-exempt (EEE status).
Eligibility:
A guardian can open an SSY account for a girl child below 10 years of age. A maximum of two accounts are allowed per family (with exceptions for twins/triplets).

Common Questions About SSY

No, the interest rate for the Sukanya Samriddhi Yojana is not fixed for the entire tenure. It is reviewed and declared by the government on a quarterly basis. Our calculator uses the current prevailing rate for its estimations, but actual returns will depend on the rates applicable in future quarters.

No, the maximum amount that can be deposited into a Sukanya Samriddhi Yojana account in a single financial year is ₹1.5 lakh. Any amount deposited above this limit will not earn interest and can be withdrawn by the depositor.

If the minimum annual deposit of ₹250 is not made in a financial year, the account will become irregular. It can be regularized by paying a penalty of ₹50 for each year of default, along with the minimum deposit amount for those years.

Premature closure of an SSY account is generally allowed in specific circumstances, such as the death of the account holder, or in cases of extreme compassionate grounds like life-threatening illness of the account holder or parent/guardian. Partial withdrawal is allowed after the girl child turns 18 for higher education or marriage expenses.