Sukanya Samriddhi Yojana Calculator
Free Sukanya Samriddhi Yojana calculator for India. Project SSY maturity at the current 8.2 percent rate over the 21 year term. Updated for FY 2025 to 2026.
The Sukanya Samriddhi Yojana, or SSY, is a small savings scheme of the Government of India for the girl child. A parent or legal guardian opens the account in the name of a girl below ten, deposits up to ₹1,50,000 each financial year for fifteen years, and the account matures twenty one years from opening. Interest is notified quarterly, currently 8.2 percent for FY 2025 to 2026 Q4, and is fully tax exempt. This calculator projects the maturity value at any annual deposit and rate.
Sukanya Samriddhi Yojana
Tenure is fixed: deposits run for 15 years, account matures 21 years from opening.
Why use the Sukanya Samriddhi Yojana Calculator
Most parents choose SSY as the default debt anchor for the girl child's higher education and marriage corpus. The combination of a sovereign guarantee, the highest small savings rate currently on offer, EEE tax status and a forced twenty one year horizon makes it hard to beat for that specific goal. The calculator removes the spreadsheet work. Type the annual deposit, watch the corpus build year by year, and decide whether the contribution should sit at the ₹1,50,000 cap or somewhere lower while the rest of the family's 80C bandwidth goes elsewhere.
Benefits at a glance
Maturity at the notified SSY rate
The default rate is 8.2 percent for FY 2025 to 2026 Q4 with annual compounding. Deposits stop after year fifteen but interest continues to accrue on the balance until year twenty one.
EEE tax status
Annual deposits qualify for Section 80C deduction up to ₹1,50,000. The yearly interest is tax free. The maturity amount is tax free in the hands of the girl child. Few schemes offer all three.
Plan partial withdrawals
After the girl turns eighteen, up to fifty percent of the balance at the end of the previous financial year can be withdrawn for higher education. The calculator's annual table makes that planning straightforward.
Compare against PPF and equity
PPF caps at fifteen years and 7.1 percent. SSY runs longer at a higher rate. The calculator output makes that gap concrete in rupee terms over the full term.
Free and private
No login, no email collection, no transmission of inputs. The calculator runs in your browser.
How to use the Sukanya Samriddhi Yojana Calculator
- 1
Enter the annual deposit
Anywhere from ₹250 (the statutory minimum) to ₹1,50,000 (the cap) per financial year. Many parents contribute the full ₹1,50,000 in April so the year's interest is maximised.
- 2
Set the deposit and maturity tenure
Deposits are made for fifteen years. The account matures twenty one years from opening. The calculator handles both phases automatically.
- 3
Adjust the interest rate if needed
Default is 8.2 percent, the FY 2025 to 2026 Q4 notified rate. Historical SSY rates have ranged from 7.6 to 9.2 percent. The Ministry of Finance reviews the rate quarterly.
- 4
Read the maturity
The maturity value is the balance at year twenty one. It is paid out to the girl child or her guardian and is fully tax free.
Frequently asked questions
Who can open an SSY account?
A parent or legal guardian, in the name of a girl child below the age of ten at the time of opening. Up to two SSY accounts are allowed per family, one per girl, with an exception for twins or triplets. The account can be opened at any post office or authorised bank branch.
What is the current SSY interest rate?
8.2 percent per annum for FY 2025 to 2026 Q4, compounded annually and credited at the end of each financial year. Rates are notified quarterly by the Ministry of Finance and have historically ranged from 7.6 to 9.2 percent over the last decade.
Is SSY tax free?
Yes. SSY carries EEE status. The annual deposit qualifies for Section 80C deduction up to ₹1,50,000 under the old regime, the interest accrued each year is tax free, and the maturity amount is tax free in the hands of the girl child. New regime taxpayers do not get the 80C deduction but interest and maturity remain tax free.
When can I withdraw from an SSY account?
Up to fifty percent of the balance at the end of the previous financial year can be withdrawn after the girl turns eighteen, for higher education or marriage. Full premature closure is allowed only in exceptional cases such as the death of the account holder. Otherwise the account matures twenty one years from opening.
What is the deposit period and maturity period?
Deposits are made for the first fifteen years from opening. After that, no further deposits are required, but the existing balance continues to earn interest until the account matures at twenty one years from opening.
SSY versus PPF, which is better?
Both are EEE and sovereign backed. SSY currently pays a higher rate (8.2 percent versus 7.1 percent for PPF) and runs for twenty one years versus PPF's fifteen, but SSY is restricted to a girl child below ten. Many families use SSY for the girl child's long term goal and PPF as a parallel debt anchor for everyone else.
What happens if I miss a year's deposit?
The account becomes inactive but can be revived by paying a penalty of ₹50 per year of default along with the minimum deposit of ₹250 for each defaulted year. The account does not lose its tax status as long as it is revived.
Final word
Sukanya Samriddhi Yojana is one of the strongest debt anchors available to Indian parents of a girl child. The calculator helps you size the annual deposit, model partial withdrawals after age eighteen and decide how SSY fits alongside PPF and equity in the overall portfolio. As always, this is an estimate based on the inputs you provide. Verify the numbers and your eligibility with a qualified financial advisor before committing.
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