Sukanya Samriddhi Calculator
Depositing ₹1.5 lakh a year in Sukanya Samriddhi at 8.2% could grow to about ₹71.82 lakh at maturity after 21 years, on ₹22.50 lakh deposited.
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Sukanya Samriddhi Yojana is a savings scheme for a girl child. Deposits are made for 15 years and the account matures 21 years after it is opened.
Deposits for 15 years; the account matures 21 years after opening. The rate is set by the government each quarter.
Example
Depositing ₹1,50,000 a year at 8.2% could grow to about ₹71,82,119 at maturity on deposits of ₹22,50,000.
Sukanya Samriddhi Calculator scenarios
| Yearly deposit | Total deposited | Maturity value | Interest earned |
|---|---|---|---|
| ₹12,000 | ₹1.80 lakh | ₹5.75 lakh | ₹3.95 lakh |
| ₹25,000 | ₹3.75 lakh | ₹11.97 lakh | ₹8.22 lakh |
| ₹50,000 | ₹7.50 lakh | ₹23.94 lakh | ₹16.44 lakh |
| ₹1,00,000 | ₹15.00 lakh | ₹47.88 lakh | ₹32.88 lakh |
| ₹1,50,000 | ₹22.50 lakh | ₹71.82 lakh | ₹49.32 lakh |
What changes the result
- The SSY rate, which the government reviews every quarter.
- The yearly deposit, from ₹250 to ₹1.5 lakh per financial year.
- Depositing early in the financial year, so the money earns interest for longer.
- Partial withdrawals for education after the girl turns 18, which reduce the maturity value.
How to use this calculator
- Enter the amount you will deposit each year.
- Enter the current SSY interest rate.
- Read the maturity value 21 years after opening, the total deposited and the interest earned.
Sukanya Samriddhi Calculator FAQs
Who can open an SSY account?
A parent or guardian of a girl child below 10 years of age.
Is the SSY rate fixed?
No. The government reviews it every quarter; change the rate to see different outcomes.
Is Sukanya Samriddhi tax-free?
Yes. Interest and the maturity amount are tax-free, and deposits qualify for the Section 80C deduction under the old tax regime.
How many SSY accounts can a family open?
One account per girl child, for up to two girls in a family. A third account is allowed if the second birth results in twins, or the first birth in triplets.
Results are estimates for planning only and are not financial, tax or investment advice. Check figures with your bank, fund house or tax adviser before acting on them.