Sukanya Samriddhi Yojana Calculator
How much will my daughter's SSY account be worth?
Sukanya Samriddhi Yojana is a government savings account for a girl under 10. You deposit for the first 15 years, and the account keeps earning until it matures 21 years after it was opened. The interest is tax-free.
Rs 250 to Rs 1.5 lakh a financial year.
8.2% for October to December 2026, set by the Ministry of Finance. It is reviewed every quarter.
Maturity value
₹71,82,119
Indicative only. Your lender’s figures may differ. Nothing you enter here is sent anywhere or stored.
How It's Calculated
Each year: balance = (balance + deposit) × (1 + rate)
The yearly deposit is added at the start of each of the first 15 years, and the whole balance earns interest once a year. From year 16 to year 21 no deposits are made and the balance keeps growing.
The account matures 21 years after it is opened, so her age at maturity is her age today plus 21.
Worked Example
If you enter
- Yearly deposit₹1,50,000
- Interest rate8.2 % p.a.
- Her age today5 years
You get
- Maturity value₹71,82,119
- You deposit (15 years)₹22,50,000
- Interest earned₹49,32,119
- Her age when it matures26
These are the calculator's starting values. Change them above to see your own.
Common Questions
Who can open a Sukanya Samriddhi account?
A parent or legal guardian, for a girl below 10 years of age. One account per girl, and at most two in a family (three for twins or triplets in the second birth). It can be opened at a post office or an authorised bank.
How long do I have to deposit?
For 15 years from the day the account is opened, at least Rs 250 and at most Rs 1.5 lakh each financial year. After that no deposits are needed, and the balance keeps earning interest until the account matures 21 years after opening.
Is the interest taxable?
No. Deposits qualify for the Section 80C deduction under the old tax regime, and the interest and the maturity amount are both tax-free.
Can money be taken out before maturity?
Up to 50% of the balance at the end of the previous financial year can be withdrawn for her education once she turns 18 or passes class 10. The account can also be closed at 18 for her marriage.
Guides in Plain Words
Short reads that explain how it works before you decide.
