Sukanya Samriddhi (SSY) Calculator

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana (SSY) is a government savings scheme for a girl child, offering one of the highest guaranteed rates among small-savings schemes, plus EEE tax status (80C deduction, and tax-free interest and maturity). It's designed to build a corpus for a daughter's education or marriage.

How it works

A parent or guardian opens the account for a girl under 10. You deposit between ₹250 and ₹1.5 lakh per year for up to 15 years, and the account matures 21 years from opening (partial withdrawal is allowed for higher education after she turns 18). Because deposits stop at 15 years but interest keeps compounding until 21, the final corpus grows meaningfully after contributions end.

Note: this calculator projects the corpus from your yearly deposits at the SSY rate. For the full scheme, interest continues to compound to the 21-year maturity even after deposits stop at year 15.

Related tools

• PPF Calculator — a similar EEE scheme without the girl-child restriction.
• EPF Calculator — retirement compounding.

Frequently asked questions

Who can open a Sukanya Samriddhi account?

A parent or legal guardian can open one SSY account for a girl child below the age of 10, with a limit of one account per girl and up to two accounts per family.

What is the SSY deposit and maturity period?

You deposit for up to 15 years from opening, and the account matures 21 years after opening. Deposits range from ₹250 to ₹1.5 lakh per year.

Is SSY tax-free?

Yes. SSY has EEE status — deposits qualify for 80C, and the interest and maturity amount are tax-free.