Sukanya Samriddhi Calculator
Calculate Sukanya Samriddhi Yojana maturity amount. See 21-year growth, partial withdrawal at 18 & tax benefits.
Year-wise Breakdown
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| Year 1 | ₹1,50,000 | ₹12,300 | ₹1,62,300 |
| Year 2 | ₹1,50,000 | ₹25,609 | ₹3,37,909 |
| Year 3 | ₹1,50,000 | ₹40,009 | ₹5,27,917 |
| Year 4 | ₹1,50,000 | ₹55,589 | ₹7,33,506 |
| Year 5 | ₹1,50,000 | ₹72,448 | ₹9,55,954 |
| Year 6 | ₹1,50,000 | ₹90,688 | ₹11,96,642 |
| Year 7 | ₹1,50,000 | ₹1,10,425 | ₹14,57,067 |
| Year 8 | ₹1,50,000 | ₹1,31,779 | ₹17,38,846 |
| Year 9 | ₹1,50,000 | ₹1,54,885 | ₹20,43,732 |
| Year 10 | ₹1,50,000 | ₹1,79,886 | ₹23,73,618 |
| Year 11 | ₹1,50,000 | ₹2,06,937 | ₹27,30,554 |
| Year 12 | ₹1,50,000 | ₹2,36,205 | ₹31,16,760 |
| Year 13 | ₹1,50,000 | ₹2,67,874 | ₹35,34,634 |
| Year 14 | ₹1,50,000 | ₹3,02,140 | ₹39,86,774 |
| Year 15 | ₹1,50,000 | ₹3,39,215 | ₹44,75,989 |
| Year 16 | — | ₹3,67,031 | ₹48,43,020 |
| Year 17 | — | ₹3,97,128 | ₹52,40,148 |
| Year 18 | — | ₹4,29,692 | ₹56,69,840 |
| Year 19 | — | ₹4,64,927 | ₹61,34,767 |
| Year 20 | — | ₹5,03,051 | ₹66,37,818 |
| Year 21 | — | ₹5,44,301 | ₹71,82,119 |
Frequently Asked Questions
What is Sukanya Samriddhi Yojana?
SSY is a government savings scheme for the girl child. It can be opened for a girl below 10 years of age and matures after 21 years from account opening. It offers one of the highest guaranteed returns among small savings.
What is the current SSY interest rate?
The SSY interest rate for Q1 FY2024-25 is 8.2% p.a., compounded annually. It is revised quarterly by the government and has been between 7.6% and 9.2% in recent years.
What are the deposit limits?
Minimum ₹250/year, maximum ₹1,50,000/year. Deposits must be made for the first 15 years. After that, the account continues to earn interest until maturity (21 years).
What are the tax benefits?
SSY enjoys EEE (Exempt-Exempt-Exempt) status: deposits qualify for 80C deduction (up to ₹1.5 lakh), interest earned is tax-free, and maturity amount is fully tax-free.
Can I withdraw before maturity?
Partial withdrawal of up to 50% of the balance is allowed once the girl turns 18, for education or marriage. Premature closure is allowed after the girl turns 18 for marriage.