Sukanya Samriddhi Yojana Calculator
Plan your daughter’s future with smart SSY investments – Calculate tax-free returns in seconds!
Minimum ₹250, Maximum ₹1,50,000 per year
Current SSY interest rate is 8.2% (as of 2025-26)
Minimum 1 year, Maximum 21 years (15 years investment + 6 years extension)
SSY Investment Results
Investment Breakdown
What is the Sukanya Samriddhi Yojana (SSY) Calculator?
The Sukanya Samriddhi Yojana (SSY), established in 2015 under the government’s “Beti Bachao, Beti Padhao” campaign, is a savings initiative designed to empower guardians to create dedicated accounts for their daughters (girl child) through authorized banks or India Post Bank branches.
₹1.5 lakh
Max yearly investment amount
8.2%
Rate of interest per annum
1–21 years
Investment duration
The SSY calculator use formula below:
S = P(1+r/n)^nt
where as,
- P = Initial Deposit
- r = Rate of interest
- n = Number of years the interest compounds
- t = Number of years
- S = Amount at maturity
For example, The SSY account offers an interest rate of 8.2% per annum. Let us calculate the maturity amount after 21 years. (Note: The contribution period for the SSY account is 15 years, while the rest six years will be lock-in period. You can not deposit during the lock-in period, but the balanced amount in your SSY account will attract annual interest in this period). If you are deposit Rs.10,000 every year for 15 years in the SSY account, you will get Rs 2,98,399 at maturity.
The table below shows the calculations:
| Year | Total Amount (₹) | Investment (₹) | Interest Earned (₹) |
|---|---|---|---|
| 1 | 10,820 | 10,000 | 820 |
| 2 | 22,527 | 10,000 | 1,707 |
| 3 | 35,194 | 10,000 | 2,667 |
| 4 | 48,905 | 10,000 | 3,711 |
| 5 | 63,756 | 10,000 | 4,851 |
| 6 | 79,848 | 10,000 | 6,092 |
| 7 | 97,329 | 10,000 | 7,481 |
| 8 | 1,16,327 | 10,000 | 8,998 |
| 9 | 1,36,988 | 10,000 | 10,661 |
| 10 | 1,59,460 | 10,000 | 12,472 |
| 11 | 1,83,902 | 10,000 | 14,442 |
| 12 | 2,10,482 | 10,000 | 16,580 |
| 13 | 2,39,379 | 10,000 | 18,897 |
| 14 | 2,70,783 | 10,000 | 21,404 |
| 15 | 2,98,399 | 10,000 | 27,616 |
| Total Investment: ₹1,50,000 | Interest Earned: ₹1,48,399 | ||
| Maturity Amount: ₹2,98,399 | |||
Frequently Asked Questions
Yes! SSY allows flexible contributions (minimum Rs.250/year). Use the calculator input to test different amounts.
Yes, all our Tools are completely free and do not require any registration or payment.
The calculator uses SSY formula:
S = P(1+r/n)^nt
Where:
P = Initial Deposit
r = Rate of interest
n = Number of years the interest compounds
t = Number of years
S = Amount at maturity
Yes, there are following tax benefits listed below:
- Whatever amount you have invested can be claimed as deduction under Section 80C (up to ₹1.5 lakh/year)
- Both Interest and maturity earned on the amount deposited is tax-free.
The minimum investment amount for an SSY account is Rs.250 and the maximum deposit is Rs.1.5 lakh in every financial year.
The interest rate for Q1 of FY 2025-26 is 8.2% per annum, compounded annually.
Yes, but only one account can be opened per girl child, either in the post office or in any bank. This account can be opened for a maximum of two girl children in a family. Only in the case of twins or triplets girls’ birth, more than two accounts can be opened in a family.
The penalty of Rs.50/year applies for forgot to pay payments.
