SSY Calculator
Calculate Sukanya Samriddhi Yojana maturity amount. Current rate 8.2%. 21-year tenure with 15-year deposit period. Partial withdrawal at age 18 for education. 80C benefit up to Rs 1.5L.
SSY Calculator — Sukanya Samriddhi Yojana
Results update instantly
Annual deposit — minimum Rs 250, maximum Rs 1.5L per year
Current SSY rate: 8.2% p.a. (highest guaranteed rate in India for 2026)
Estimates based on constant rate assumption. Actual returns may vary.
| Year | Invested | Returns | Total Value |
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SSY at 8.2% with EEE tax status is the single highest-return guaranteed instrument in India in 2026. Parents of a girl child born today who invest Rs 1.5L/year for 15 years will receive Rs 71.8L when she turns 21 — against total investment of Rs 22.5L. That 3.2x growth is completely tax-free.
What is an SSY Calculator?
A Sukanya Samriddhi Yojana calculator estimates the maturity amount of an SSY account based on your annual deposit and the current interest rate of 8.2%. SSY is a government savings scheme exclusively for the girl child — offering the highest guaranteed, fully tax-free return of any government scheme in India.
SSY maturity formula
Year 1-15: Annual deposit P earns compound interest
Year 16-21: No new deposits, existing balance compounds at 8.2%
Example: Rs 1.5L/year for 15 years at 8.2% = Rs 71.8L at maturity
SSY vs PPF — which is better for a girl child?
SSY (8.2%) is better than PPF (7.1%) for girl children. That 1.1% difference on Rs 1.5L/year over 21 years creates approximately Rs 10 lakh more in corpus. SSY also has a slightly longer no-deposit period (years 16-21) which gives additional compounding. The only advantage of PPF for a child is that a boy can also have a PPF account, and PPF can be extended indefinitely after 15 years.
Education withdrawal planning
When the girl turns 18, you can withdraw 50% of the balance for higher education without penalty. This partial withdrawal is completely tax-free. Plan this for her college admission — the withdrawn amount can cover full 4-year undergraduate tuition fees at most Indian private universities.
ThriftRupee tips for SSY investors
Tip 1: Open the account as early as possible. SSY deposits run for 15 years from opening date. Opening on day of birth (0 years old) vs opening at 9 years old gives 6 extra years of 8.2% tax-free compounding — a difference of Rs 20-25L at maturity with maximum annual contribution.
Tip 2: Deposit before April 5th each year. SSY interest is calculated on minimum balance between 5th and last day of each month. Depositing the annual amount before April 5th ensures a full year of interest on that year's contribution.
Tip 3: Maintain even in tough years. The penalty for not depositing the minimum Rs 250 in a year is only Rs 50 — the account becomes irregular but can be regularized. Even a minimal Rs 250/year deposit keeps the account active and interest growing on the existing balance.