Sukanya Samriddhi Calculator — SSY Maturity at Year 21
Project your daughter's SSY corpus with year-by-year balance, total interest, and maturity value. 8.2% FY 2026 rate, EEE tax-free, Sec 80C deductible.
Year-by-year schedule
Deposits made for 15 years; account compounds for 6 more before maturity at year 21.
| Year | Daughter's age | Deposit | Interest | Closing balance |
|---|---|---|---|---|
| 1 | 6 | ₹1,50,000 | ₹12,300 | ₹1,62,300 |
| 2 | 7 | ₹1,50,000 | ₹25,609 | ₹3,37,909 |
| 3 | 8 | ₹1,50,000 | ₹40,009 | ₹5,27,917 |
| 4 | 9 | ₹1,50,000 | ₹55,589 | ₹7,33,506 |
| 5 | 10 | ₹1,50,000 | ₹72,448 | ₹9,55,954 |
| 6 | 11 | ₹1,50,000 | ₹90,688 | ₹11,96,642 |
| 7 | 12 | ₹1,50,000 | ₹1,10,425 | ₹14,57,067 |
| 8 | 13 | ₹1,50,000 | ₹1,31,779 | ₹17,38,846 |
| 9 | 14 | ₹1,50,000 | ₹1,54,885 | ₹20,43,732 |
| 10 | 15 | ₹1,50,000 | ₹1,79,886 | ₹23,73,618 |
| 11 | 16 | ₹1,50,000 | ₹2,06,937 | ₹27,30,554 |
| 12 | 17 | ₹1,50,000 | ₹2,36,205 | ₹31,16,760 |
| 13 | 18 | ₹1,50,000 | ₹2,67,874 | ₹35,34,634 |
| 14 | 19 | ₹1,50,000 | ₹3,02,140 | ₹39,86,774 |
| 15Last deposit | 20 | ₹1,50,000 | ₹3,39,215 | ₹44,75,989 |
| 16 | 21 | ₹0 | ₹3,67,031 | ₹48,43,020 |
| 17 | 22 | ₹0 | ₹3,97,128 | ₹52,40,148 |
| 18 | 23 | ₹0 | ₹4,29,692 | ₹56,69,840 |
| 19 | 24 | ₹0 | ₹4,64,927 | ₹61,34,767 |
| 20 | 25 | ₹0 | ₹5,03,051 | ₹66,37,818 |
| 21Maturity | 26 | ₹0 | ₹5,44,301 | ₹71,82,119 |
About this tool
The Sukanya Samriddhi Yojana is a small-savings scheme by the Government of India launched in 2015 under the Beti Bachao Beti Padhao initiative, designed exclusively for the girl child. Parents or legal guardians can open an SSY account for any daughter below 10 years of age at a post office or authorised bank. Deposits are made for 15 years, the account matures 21 years after opening, and the corpus is meant to fund higher education or marriage expenses.
What makes SSY one of the most powerful long-horizon products in India is the combination of three things: (1) the highest small-savings interest rate at 8.2% — beating PPF by 110 basis points — (2) full EEE tax status, meaning your contributions, the interest accrued every year, and the maturity proceeds are all tax-free, and (3) Sec 80C deductibility on annual deposits up to ₹1.5 lakh. WRRK's SSY calculator runs the standard yearly-compounding schedule in your browser and shows exactly when each deposit and each year of compound growth contributes to the final corpus.
How to use the calculator (5 steps)
- Enter daughter's age. Must be 10 years or below to open a new SSY account. The account matures 21 years from opening, irrespective of age at that point.
- Enter yearly investment. Between ₹250 (minimum to keep the account active) and ₹1,50,000 (Sec 80C ceiling). Deposits are allowed for the first 15 years only.
- Confirm the interest rate. Default is 8.2% (FY 2026 quarterly revised rate). The government changes this every quarter; use the current rate for accurate projections.
- Read the maturity panel. Right column shows total invested, total interest and the maturity value at year 21. Quick scenarios let you compare strategies.
- Inspect the year-by-year table. Year 15 (last deposit) and year 21 (maturity) are highlighted. See exactly how the corpus grows after deposits stop.
SSY at a glance
| Item | Detail |
|---|---|
| Eligibility | Girl child ≤ 10 years (one account per girl, two girls per family) |
| Min / max deposit | ₹250 / ₹1,50,000 per financial year |
| Deposit window | 15 years from account opening |
| Maturity | 21 years from opening |
| Current rate | 8.2% p.a. (FY 2026, revised quarterly) |
| Tax status | EEE — Sec 80C in, interest tax-free, maturity tax-free |
Use cases
- Funding daughter's higher education (engineering, medicine, MBA)
- Building a wedding corpus 15 - 20 years out
- Sec 80C optimisation for parents in 30% tax bracket
- Comparing SSY vs PPF vs equity SIPs for daughters
- Budgeting yearly deposits before the March 31 cut-off
- Retirement-age grandparents gifting deposits to grand-daughters
- Plan partial withdrawal at age 18 for college admission
Frequently asked questions
+−How is Sukanya Samriddhi maturity calculated?
Deposits are made yearly for 15 years from account opening. The balance compounds annually at the prevailing SSY rate. After 15 years, no fresh deposits are allowed, but the existing balance keeps earning interest until the account matures 21 years from opening. The closing balance each year is (opening + deposit) × (1 + rate).
+−What is the current SSY interest rate (FY 2026)?
The SSY rate is 8.2% per annum for FY 2026. The Government of India revises the rate every quarter based on G-Sec yields. SSY consistently pays 25-50 basis points higher than PPF, making it one of the most generous small-savings schemes in India.
+−Who is eligible to open an SSY account?
An SSY account can be opened by the natural or legal guardian of a girl child below 10 years of age. Each girl child can have only one SSY account, and a family can open accounts for a maximum of two daughters (with relaxation for twins / triplets). Accounts can be opened at any post office or authorised bank.
+−What is the minimum and maximum I can deposit?
Minimum ₹250 per financial year to keep the account active. Maximum ₹1,50,000 per financial year. Multiple deposits are allowed; you can deposit any number of times in a year as long as the total stays within the cap. Failure to meet the ₹250 minimum makes the account default — reactivation costs ₹50 plus the missed minimums.
+−What is the EEE tax status of SSY?
SSY enjoys full Exempt-Exempt-Exempt (EEE) tax status: (1) Deposits up to ₹1.5 lakh per year qualify for Sec 80C deduction. (2) Interest credited every year is tax-free. (3) Maturity proceeds are fully tax-exempt under Sec 10(11A). This is the same EEE status as PPF and EPF, but with a higher interest rate.
+−When can I withdraw money from SSY?
Premature withdrawal of up to 50% of the balance at the end of the previous financial year is allowed once the girl turns 18, for higher-education expenses (with admission proof). The full balance is paid out at maturity (21 years from opening) or on the daughter's marriage after she turns 18. Other premature closure is permitted only on death or extreme compassionate grounds.
+−How does SSY compare to PPF?
Both are 15-year EEE products with Sec 80C benefits, but SSY currently pays 8.2% vs PPF's 7.1% — a meaningful 110 bps gap. SSY is restricted to girl children below 10, while PPF is open to anyone. If you have a daughter, max out SSY first, then top up PPF.
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