incomeGrow Financial Logo
incomeGrow Financial Logo
👧 Sukanya Samriddhi Yojana Calculator

Sukanya Samriddhi Yojana
Calculator

Calculate SSY returns for your daughter's future. Government-backed savings scheme with tax-free returns and attractive interest rates.

8.2%
Interest Rate
Tax-Free
Returns
₹1.5L
Max Annual Deposit

Calculate Your SSY Returns

Minimum: ₹250/year, Maximum: ₹1.5 lakh/year

Historical SSY rate for 2025: 8.2%

💡 SSY can be opened for girl child up to 10 years of age

💡 Year range: 2000 to 2050 (for realistic calculations)

Enter daughter's age first

Investment Summary

Enter your details to calculate projected returns

Why Choose Sukanya Samriddhi Yojana?

Government-backed savings scheme designed for the girl child

Tax-Free Returns

Complete EEE status - deposits, interest, and maturity all tax-free

High Interest Rate

Currently offering 8.2% interest rate - higher than most savings schemes

Flexible Withdrawals

Partial withdrawal allowed after age 18 for education expenses

Plan Your Daughter's Future

Calculate SSY returns and save your financial goals. Track your progress towards building a bright future for your daughter.

❓ FAQ

Sukanya Samriddhi Yojana FAQs

Find answers to common questions about this calculator

Sukanya Samriddhi Yojana is a government-backed savings scheme for girl children. It offers tax-free returns and helps parents save for their daughter's education and marriage expenses. The account can be opened for a girl child below 10 years of age.

The current SSY interest rate is 8.2% per annum (as of 2024). The interest rate is reviewed and announced by the government quarterly. Interest is compounded annually and credited to the account.

The minimum deposit is ₹250 per year and the maximum is ₹1.5 lakh per year. You can make deposits in multiples of ₹50. There is no limit on the number of deposits in a financial year.

The SSY account matures when the girl child turns 21 years old. However, deposits are required only for the first 15 years or until the girl turns 18, whichever is earlier. Interest continues to accrue until maturity.

Partial withdrawal of up to 50% of the balance is allowed after the girl turns 18 years for higher education or marriage expenses. Premature closure is allowed after the girl attains 18 years of age for marriage purposes.

SSY enjoys EEE (Exempt-Exempt-Exempt) status. Deposits qualify for tax deduction under Section 80C up to ₹1.5 lakh. Interest earned and maturity amount are completely tax-free.

This calculator uses official government interest rates and standard compounding formulas to provide accurate projections. It includes year-wise breakdown and considers the deposit period and maturity rules accurately.

Yes, SSY accounts can be opened in authorized post offices and branches of public sector banks, private sector banks, and select RRBs. Only one account can be opened per girl child.

Still have questions?

Our support team is here to help you with any queries about our calculators and financial planning tools.

Contact Support