SSY Calculator - Sukanya Samriddhi Yojana

Calculate your Sukanya Samriddhi Yojana returns and plan for your girl child's future. Government-backed savings scheme with tax benefits and guaranteed returns.

For Girl Child Only

Perfect for Education & Marriage

SSY Investment Parameters

SSY Eligibility Criteria

Girl child must be below 10 years at account opening

Maximum 2 accounts per family (for 2 girl children)

Account matures after 21 years from opening

Investment Details

Annual Investment Amount

₹

₹1,50,000 per year

Minimum: ₹250 | Maximum: ₹1,50,000 per financial year

Quick Select Investment

SSY Scheme Parameters

Girl's Current Age (Years)

Yrs

5 Years Old

Age must be between 0-10 years for account opening

SSY Interest Rate (%)

8.2% per annum

Current SSY interest rate: 8.2% (FY 2024-25)

SSY Key Features

Government backed - Complete capital protection

Guaranteed returns with annual compounding

21-year tenure - Perfect for long-term goals

SSY Tax Benefits (EEE Category)

Exempt on Investment: Deduction under Section 80C

Exempt on Accumulation: Interest earned is tax-free

Exempt on Withdrawal: Entire maturity amount is tax-free

No Wealth Tax: SSY investments are exempt from wealth tax

SSY Investment Strategy

Open account when girl is born to maximize tenure

Invest maximum ₹1.5 lakh annually for full tax benefit

Make contributions before 5th April for current FY benefit

Account can be operated from any post office or authorized bank

SSY Maturity Projection

Girl's Age: 5 Years - Maturity Age: 26 Years

₹82.9L

Estimated Maturity Amount

₹82,87,456

Total Maturity Amount

₹52,87,456

Wealth Gained Through Interest

₹30,00,000

Total Investment

8.2%

Interest Rate

21 Years

Investment Period

2.8x

Wealth Multiplier

₹13,50,000

Estimated Tax Savings (30% bracket)

Investment vs Returns

Investment vs Returns Breakdown

Investment Insights

✅ Your investment grows 2.8x in 21 years
✅ Estimated tax savings: ₹13.5 lakhs
✅ Complete tax-free returns and maturity
💡 Perfect for daughter's education and marriage

Year-by-Year SSY Growth

Year	Girl's Age	Opening Balance	Annual Contribution	Interest Earned	Closing Balance
1	6	₹0	₹1.50L	₹12.3K	₹1.62L
2	7	₹1.62L	₹1.50L	₹25.6K	₹3.38L
3	8	₹3.38L	₹1.50L	₹40.0K	₹5.28L
4	9	₹5.28L	₹1.50L	₹55.6K	₹7.34L
5	10	₹7.34L	₹1.50L	₹72.4K	₹9.56L
6	11	₹9.56L	₹1.50L	₹90.7K	₹11.97L
7	12	₹11.97L	₹1.50L	₹1.10L	₹14.57L
8	13	₹14.57L	₹1.50L	₹1.32L	₹17.39L
9	14	₹17.39L	₹1.50L	₹1.55L	₹20.44L
10	15	₹20.44L	₹1.50L	₹1.80L	₹23.74L
11	16	₹23.74L	₹1.50L	₹2.07L	₹27.31L
12	17	₹27.31L	₹1.50L	₹2.36L	₹31.17L
13	18	₹31.17L	₹1.50L	₹2.68L	₹35.35L
14	19	₹35.35L	₹1.50L	₹3.02L	₹39.87L
15	20	₹39.87L	₹1.50L	₹3.39L	₹44.76L
16	21	₹44.76L	₹1.50L	₹3.79L	₹50.05L
17	22	₹50.05L	₹1.50L	₹4.23L	₹55.78L
18	23	₹55.78L	₹1.50L	₹4.70L	₹61.98L
19	24	₹61.98L	₹1.50L	₹5.21L	₹68.68L
20	25	₹68.68L	₹1.50L	₹5.75L	₹75.94L
21	26	₹75.94L	₹1.50L	₹6.35L	₹83.79L

SSY vs Other Investment Options

Parameter	SSY	PPF	FD	Mutual Funds
Returns	8.2% (Guaranteed)	7.1% (Guaranteed)	6.5-7.5%	10-12% (Market Linked)
Tax Benefits	EEE (Complete Tax Free)	EEE (Complete Tax Free)	Taxable	LTCG Tax Applicable
Tenure	21 Years	15 Years	1-10 Years	No Fixed Tenure
Risk Level	Zero Risk	Zero Risk	Low Risk	Market Risk
Eligibility	Girl Child Only	All Individuals	All Individuals	All Individuals
Maximum Investment	₹1.5 Lakh/Year	₹1.5 Lakh/Year	No Limit	No Limit

Why Choose Sukanya Samriddhi Yojana?

For Girl Child

Exclusive scheme for girl children below 10 years. Empowers girls through financial security.

Government Backed

Complete capital protection with sovereign guarantee. Zero risk of principal loss.

Tax Free Returns

EEE category benefits - Tax free investment, accumulation, and withdrawal.

Education & Marriage

Perfect for higher education and marriage expenses. Matures when needed most.

SSY Calculator - Frequently Asked Questions

Common Questions About SSY

What is the current SSY interest rate?

The current Sukanya Samriddhi Yojana interest rate is 8.2% per annum (for the financial year 2024-25). The government reviews rates quarterly.

What is the minimum and maximum investment in SSY?

Minimum: ₹250 per year | Maximum: ₹1.5 lakh per financial year. You can make contributions in multiples of ₹50.

What is the eligibility age for opening SSY account?

The girl child must be below 10 years of age at the time of account opening. The account matures after 21 years from the date of opening.

Can I open multiple SSY accounts?

You can open maximum two SSY accounts per family (for two girl children). Only one account can be opened for one girl child.

What are the withdrawal rules in SSY?

Partial withdrawal (up to 50% of balance) is allowed after the girl child attains 18 years of age, specifically for higher education or marriage purposes.