Sukanya Samriddhi Yojana (SSY) Calculator
Enter your annual deposit, the girl child's current age, and the interest rate. The calculator projects the total investment across the 15-year deposit window and the full maturity payout after 21 years under sovereign rules.
Depositing ₹1,50,000 annually for 15 years in Sukanya Samriddhi Yojana at the current 8.2% sovereign rate yields ₹71,82,119 at 21-year maturity (₹49,32,119 tax-free interest on ₹22,50,000 deposited).
🏛️ Official Sovereign Scheme Rate:
Current notified rate is 8.2% per annum (notified by Ministry of Finance, DEA OM F.No.1/4/2019-NS, effective 2026-10-01, verified 2026-10-01). You can edit the rate below to test different scenarios.
Statutory limit: Minimum ₹250, Maximum ₹1,50,000 per financial year.
Account can be opened from birth up to age 10.
Key Statutory Rules:
• 15-Year Deposit Window: Deposits are accepted for 15 years from account opening.
• 21-Year Maturity: Account matures 21 years from opening (or marriage after age 18).
• EEE Tax Exemption: Deposits (80C), interest, and maturity proceeds are 100% tax-free.
Maturity value
₹71,82,119
at daughter's age 22
Tax-free interest
₹49,32,119
Total deposited
₹22,50,000
Maturity period
21 years
15 yrs deposit + 6 yrs compounding
Total investment vs tax-free interest
- Total deposited 31.3%
- ₹22,50,000
- Tax-free interest 68.7%
- ₹49,32,119
Full 21-Year Sukanya Samriddhi Maturity Schedule
| Year (Age) | Deposited | Total Deposited | Interest (Yr) | Balance | Milestone |
|---|---|---|---|---|---|
| Year 1 (Age 2) | ₹1,50,000 | ₹1,50,000 | ₹12,300 | ₹1,62,300 | - |
| Year 2 (Age 3) | ₹1,50,000 | ₹3,00,000 | ₹25,609 | ₹3,37,909 | - |
| Year 3 (Age 4) | ₹1,50,000 | ₹4,50,000 | ₹40,009 | ₹5,27,917 | - |
| Year 4 (Age 5) | ₹1,50,000 | ₹6,00,000 | ₹55,589 | ₹7,33,506 | - |
| Year 5 (Age 6) | ₹1,50,000 | ₹7,50,000 | ₹72,448 | ₹9,55,954 | - |
| Year 6 (Age 7) | ₹1,50,000 | ₹9,00,000 | ₹90,688 | ₹11,96,642 | - |
| Year 7 (Age 8) | ₹1,50,000 | ₹10,50,000 | ₹1,10,425 | ₹14,57,067 | - |
| Year 8 (Age 9) | ₹1,50,000 | ₹12,00,000 | ₹1,31,779 | ₹17,38,846 | - |
| Year 9 (Age 10) | ₹1,50,000 | ₹13,50,000 | ₹1,54,885 | ₹20,43,732 | - |
| Year 10 (Age 11) | ₹1,50,000 | ₹15,00,000 | ₹1,79,886 | ₹23,73,618 | - |
| Year 11 (Age 12) | ₹1,50,000 | ₹16,50,000 | ₹2,06,937 | ₹27,30,554 | - |
| Year 12 (Age 13) | ₹1,50,000 | ₹18,00,000 | ₹2,36,205 | ₹31,16,760 | - |
| Year 13 (Age 14) | ₹1,50,000 | ₹19,50,000 | ₹2,67,874 | ₹35,34,634 | - |
| Year 14 (Age 15) | ₹1,50,000 | ₹21,00,000 | ₹3,02,140 | ₹39,86,774 | - |
| Year 15 (Age 16) | ₹1,50,000 | ₹22,50,000 | ₹3,39,215 | ₹44,75,989 | Final statutory deposit year |
| Year 16 (Age 17) | ₹0 (Complete) | ₹22,50,000 | ₹3,67,031 | ₹48,43,020 | - |
| Year 17 (Age 18) | ₹0 (Complete) | ₹22,50,000 | ₹3,97,128 | ₹52,40,148 | Eligible for 50% partial withdrawal for higher education |
| Year 18 (Age 19) | ₹0 (Complete) | ₹22,50,000 | ₹4,29,692 | ₹56,69,840 | - |
| Year 19 (Age 20) | ₹0 (Complete) | ₹22,50,000 | ₹4,64,927 | ₹61,34,767 | - |
| Year 20 (Age 21) | ₹0 (Complete) | ₹22,50,000 | ₹5,03,051 | ₹66,37,818 | - |
| Year 21 (Age 22) | ₹0 (Complete) | ₹22,50,000 | ₹5,44,301 | ₹71,82,119 | Account reaches full 21-year maturity |
Maturity value
₹71,82,119
- What it is:
- A calculator for the Government of India Sukanya Samriddhi girl child scheme.
- What it calculates:
- The 21-year maturity amount, tax-free interest earned, and full milestone progression.
Key Assumptions
- The annual deposit is made consistently for the statutory 15-year window.
- The notified sovereign interest rate remains applicable across the tenure.
- No premature closure or partial withdrawals are made before maturity.
How it works
Sukanya Samriddhi Yojana is a Government of India small savings scheme designed for the education and marriage expenses of girl children up to age 10.
Deposits can be made for exactly 15 years from account opening. The account continues to earn compound interest for an additional 6 years with zero further deposits until completing its 21-year maturity.
The scheme offers EEE (Exempt-Exempt-Exempt) tax status: annual deposits qualify for tax deduction under Section 80C up to ₹1.5 Lakhs (under the Old Tax Regime), annual interest accrued is completely tax-free, and the final maturity amount is 100% exempt from income tax.
Partial withdrawal of up to 50% of the balance at the end of the preceding financial year is permitted after the girl child turns 18 for higher education expenses.
Formula
Y1..15: B_y = (B_{y-1} + D) x (1 + r) | Y16..21: B_y = B_{y-1} x (1 + r)
- B_y
- = closing balance at the end of year y
- D
- = annual deposit in rupees (max ₹1,50,000)
- r
- = annual sovereign interest rate as a decimal (e.g. 0.082 for 8.2%)
- Y
- = financial year from account opening (1 to 21)
Deposits stop after 15 years, but the accumulated corpus compounds at the notified sovereign rate until completing 21 years.
Example calculation
₹1,50,000 deposited annually for 15 years at 8.2%
- Annual investment (15 years)
- ₹1,50,000
- Total amount deposited
- ₹22,50,000
- Account maturity period
- 21 years from opening
- Total tax-free interest earned
- ₹49,32,119
- Final maturity amount (at age 22)
- ₹71,82,119
- Tax status
- 100% Tax-Free under Section 80C (EEE)
Frequently asked questions
What is the deposit period and maturity period in Sukanya Samriddhi Yojana?
What are the minimum and maximum deposit limits in SSY?
Is Sukanya Samriddhi Yojana interest tax-free?
Can I withdraw money before 21 years?
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Further reading
Calculate how much a ₹5,000 monthly SIP grows into across 5, 10, 15, and 20 years at 12% to 15% returns. Discover how small investments build ₹50+ Lakh.
See how much a ₹10,000 monthly SIP creates in 5, 10, 15, and 20 years at 12% to 14% returns. Discover how to build a ₹1 Crore corpus in India.
Calculate how fast a ₹20,000 monthly SIP builds wealth across 5, 10, 15, and 20 years. Learn how to reach ₹1 Crore in 12 years and ₹2 Crore in 18 years.
Comprehensive comparison between Mutual Fund SIPs and Bank Fixed Deposits in India. Compare after-tax returns, volatility, inflation beating, and liquidity.
Authoritative Sources
- Ministry of Finance, Department of Economic Affairs - Small Savings Circulars· verified 1 October 2026
- National Savings Institute - Sukanya Samriddhi Account Guidelines· verified 1 October 2026
Reviewed by Pradipta Ray, Editor · Updated