Sukanya Samriddhi Account

Calculate Sukanya Samriddhi Yojana (SSY) returns for your daughter

SSY Details

Min ₹250/month. Max ₹1,50,000/year (₹12,500/month)
Account can be opened for girls below age 10

Enter details and click Calculate

Maturity Amount (at age 21)

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Total Deposited (14 yrs)

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Total Interest

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Year-wise Breakdown
Age Yearly Deposit Interest Balance

How to Use

  1. Annual Deposit — enter how much you will deposit each year (₹250 min, ₹1.5 lakh max).
  2. Current Age of Girl Child — the scheme runs until the child turns 21 (or marriage after 18).
  3. View Results — see total deposited, total interest earned, and maturity value.

What is Sukanya Samriddhi Yojana (SSY)?

The Sukanya Samriddhi Yojana (SSY) is a small savings scheme launched by the Government of India under the Beti Bachao Beti Padhao initiative. It is designed specifically to encourage parents to save for their girl child's education and marriage expenses.

Key Features

  • Interest Rate: 8.2% p.a. (Q1 2026) — the highest among all government small savings schemes.
  • Account Opening: Can be opened for a girl child below 10 years of age. Maximum 2 accounts per family (one per girl child; 3 in case of twins/triplets).
  • Minimum Deposit: ₹250/year. Maximum: ₹1,50,000/year.
  • Tenure: 21 years from date of account opening (active deposit period: 15 years).
  • Tax Benefits (EEE): Contributions deductible under Section 80C; interest tax-free; maturity proceeds tax-free.
  • Partial Withdrawal: Up to 50% of balance allowed after girl turns 18 (for education expenses).
  • Premature Closure: Allowed after girl turns 18 for marriage purposes.

SSY Maturity Example

If you deposit ₹1,50,000/year for 15 years (girl opened at age 5, matures at age 26):

  • Total Invested: ₹22,50,000
  • Interest Earned (at 8.2%): ₹23,47,459 (approximate)
  • Maturity Value: ₹45,97,459 (fully tax-free)

SSY vs. PPF

SSY offers a higher interest rate (8.2% vs 7.1%) and the same EEE tax treatment as PPF. The main difference is SSY is restricted to girl children, has a longer effective maturity timeline, and requires deposits for only 15 years though the account runs for 21. For parents of girl children, SSY is generally the superior choice over PPF for child-specific goals.

Frequently Asked Questions

Parents or legal guardians of a girl child below 10 years of age can open the account. A maximum of 2 accounts are allowed per family (one per girl child). Exception: twins or triplets of the same birth allow a third account.

The account becomes inactive if minimum deposit of ₹250 is not made in a financial year. It can be revived by paying ₹250 (minimum) + ₹50 penalty per year of default. Revival must happen before maturity.

The account matures when the girl reaches age 21 from the date of account opening. Deposits are required only for the first 15 years; the balance earns interest for the remaining 6 years without new contributions.

Yes — the account can be transferred to the girl child's operation once she attains age 18. Until then, it is operated by parents/guardian.

SSY offers 8.2% vs PPF's 7.1% — a clear advantage. Both are EEE tax-exempt. SSY has a higher maximum deposit (₹1.5 lakh/year) same as PPF. The key difference: SSY is exclusively for girls and has a fixed maturity at age 21, while PPF has a 15-year lock-in extendable for any purpose.

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