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Sukanya Samriddhi Yojana (SSY) Calculator

Calculate the maturity value of your girl child's SSY account at the current 8.2% interest rate — fully tax-free under Section 80C.

Maturity Value (at age 26)

₹23,94,036

After 15 years of deposits, held to 21-year maturity at 8.2% p.a.

Total invested (15 years)₹7,50,000
Total interest earned₹16,44,036
80C eligible (per year, up to)₹50,000
YearDepositInterestBalance
Year 1 ₹50,000₹4,100₹54,100
Year 2 ₹50,000₹8,536₹1,12,636
Year 3 ₹50,000₹13,336₹1,75,972
Year 4 ₹50,000₹18,530₹2,44,502
Year 5 ₹50,000₹24,149₹3,18,651
Year 6 ₹50,000₹30,229₹3,98,880
Year 7 ₹50,000₹36,808₹4,85,688
Year 8 ₹50,000₹43,926₹5,79,614
Year 9 ₹50,000₹51,628₹6,81,242
Year 10 ₹50,000₹59,962₹7,91,204
Year 11 ₹50,000₹68,979₹9,10,183
Year 12 ₹50,000₹78,735₹10,38,918
Year 13 ₹50,000₹89,291₹11,78,209
Year 14 ₹50,000₹1,00,713₹13,28,922
Year 15 ₹50,000₹1,13,072₹14,91,994
Year 16 (no deposit)₹0₹1,22,344₹16,14,338
Year 17 (no deposit)₹0₹1,32,376₹17,46,714
Year 18 (no deposit)₹0₹1,43,231₹18,89,945
Year 19 (no deposit)₹0₹1,54,975₹20,44,920
Year 20 (no deposit)₹0₹1,67,683₹22,12,603
Year 21 (no deposit)₹0₹1,81,433₹23,94,036

Deposits stop after 15 years, but the balance keeps earning interest until the account matures 21 years from opening. Interest is fully tax-free (EEE status), and this uses the current 8.2% p.a. rate, which the government revises quarterly.

Frequently Asked Questions

What is the current SSY interest rate?

The Sukanya Samriddhi Yojana interest rate is 8.2% per annum, compounded annually, for FY 2025-26. The government revises small savings scheme rates every quarter.

Who can open an SSY account?

A parent or legal guardian can open an SSY account for a girl child below 10 years of age. Only one account per girl child is allowed, and a family can open accounts for up to two girl children (three in case of twins on the second birth).

When does the SSY account mature?

The account matures 21 years from the date of opening, or when the girl marries after age 18, whichever is earlier. Deposits are only required for the first 15 years — after that, the balance continues to earn interest until maturity.

Is SSY interest and maturity amount taxable?

No. SSY has EEE (Exempt-Exempt-Exempt) tax status — your contribution is deductible under Section 80C (up to ₹1.5 lakh/year), the interest earned is tax-free, and the maturity amount is also fully tax-free.

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