Sukanya Samriddhi Yojana Calculator
Estimate the maturity value of a Sukanya Samriddhi Yojana account for a girl child.
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Deposits are typically made for 15 years from account opening, with the account maturing 21 years after opening. Maximum deposit is ₹1.5 lakh per year.
Estimates only. Figures are indicative and do not constitute financial advice.
About the Sukanya Samriddhi Yojana Calculator
Parents of a girl child searching "Sukanya Samriddhi Yojana calculator" or "SSY calculator" want to know one thing: how much will this account actually be worth by the time she needs it for education or marriage? This calculator projects your SSY maturity value based on your yearly deposits and the scheme's interest rate.
Sukanya Samriddhi Yojana is a government-backed savings scheme exclusively for a girl child under 10, offering one of the highest interest rates among small savings schemes, with deposits eligible for Section 80C deduction (old regime) and both the interest earned and maturity amount fully tax-free. You can deposit between ₹250 and ₹1.5 lakh per year, typically for the first 15 years from account opening, and the account matures 21 years after opening (or on the girl's marriage after age 18, whichever is earlier). This calculator uses annual compounding on your yearly deposits to project the maturity value, useful for planning how much to contribute each year to hit a target amount for your daughter's higher education or wedding expenses.
How to use this calculator
- Enter your planned yearly deposit (up to ₹1.5 lakh).
- Enter the current SSY interest rate.
- Set the number of years you'll deposit.
- See your total deposits, interest earned, and maturity value.
Frequently asked questions
›Who is eligible to open a Sukanya Samriddhi account?
A parent or legal guardian can open an SSY account for a girl child below 10 years of age, with a maximum of two accounts per family (exceptions apply for twins/triplets).
›Is Sukanya Samriddhi Yojana interest tax-free?
Yes, SSY falls under the EEE tax category — contributions qualify for 80C deduction (old regime), and both interest earned and maturity proceeds are fully tax-free.
›When does an SSY account mature?
The account matures 21 years from the date of opening, or earlier if the girl marries after turning 18, though partial withdrawal is allowed for higher education needs.
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Read the full guide
Sukanya Samriddhi Yojana: Maturity Value & How It's Calculated