SSY Calculator – Sukanya Samriddhi Yojana
Calculate your girl child's SSY maturity amount, total interest earned, and view year-by-year growth instantly.
Calculate SSY Returns
Age must be between 0 and 10 years.
Minimum ₹250, Maximum ₹1,50,000 per year.
Current SSY rate: 8.2% (FY 2025-26).
📊 SSY Calculation Results
| Year | Deposit | Interest | Balance |
|---|
How to Use the SSY Calculator
- Enter the current age of your girl child between 0 and 10 years in the first field.
- Enter your planned yearly deposit amount between ₹250 and ₹1,50,000.
- The current SSY interest rate of 8.2% is pre-filled. You can adjust it if needed.
- Click the Calculate SSY Returns button to compute the maturity amount, total deposits, and interest earned.
- Review the summary and the detailed year-by-year breakdown table showing deposits, interest, and balance for each year.
- Click Clear to reset all fields and try different deposit amounts or scenarios.
Key Features of Our SSY Calculator
Accurate Calculations
Uses the compound interest formula with annual compounding as per SSY rules for precise maturity estimates.
21-Year Projection
Shows the complete 21-year journey including 15 deposit years and 6 interest-only accumulation years.
Year-by-Year Breakdown
Detailed table with yearly deposits, interest earned, and running balance for full transparency.
100% Private
All calculations run in your browser. No data is sent to any server or stored anywhere.
Mobile Friendly
Works perfectly on smartphones, tablets, and desktops with a responsive design.
India-Specific
Built specifically for Sukanya Samriddhi Yojana with Indian currency formatting and current rules.
SSY Interest Calculation Formula
Sukanya Samriddhi Yojana uses annual compound interest. The balance grows each year by accumulating interest on the existing balance plus new deposits during the first 15 years. For the remaining 6 years, only interest is added with no new deposits.
Balance = (Previous Balance + Yearly Deposit) × (1 + Rate/100)
For Years 16 to 21 (No Deposit Phase):
Balance = Previous Balance × (1 + Rate/100)
Maturity Amount = Balance at end of Year 21
Total Interest = Maturity Amount − Total Deposits
The interest rate is set by the Government of India and revised quarterly. As of Q1 FY 2025-26, the rate is 8.2% per annum. This calculator assumes a constant rate for the full tenure, so actual returns may vary slightly with quarterly revisions.
Practical SSY Calculation Examples
Example 1: ₹50,000 Yearly Deposit (Mumbai Family)
A father in Mumbai opens an SSY account for his 2-year-old daughter with ₹50,000 yearly deposits at 8.2% interest. Total deposits over 15 years = ₹7,50,000. The estimated maturity amount after 21 years is approximately ₹27,98,829. Total interest earned = ₹20,48,829.
Example 2: ₹1,50,000 Maximum Deposit (Delhi Professional)
A Delhi-based professional invests the maximum ₹1,50,000 yearly for her newborn daughter at 8.2% interest. Total deposits = ₹22,50,000. The estimated maturity amount is approximately ₹83,96,487. This showcases the power of maximum SSY contributions.
Example 3: ₹12,500 Monthly Equivalent (Jaipur Teacher)
A school teacher in Jaipur saves ₹12,500 monthly and deposits ₹1,50,000 yearly for her 5-year-old daughter. At 8.2%, after 21 years the account matures at approximately ₹83,96,487. The teacher also claims tax deduction under Section 80C annually.
Example 4: Minimum ₹250 Deposit (Rural Family)
A rural family opens an SSY account with the minimum ₹250 yearly deposit for their 1-year-old daughter. At 8.2%, total deposits of ₹3,750 grow to approximately ₹13,997 at maturity. Even small amounts benefit from the high interest rate over 21 years.
What Is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched under the Beti Bachao Beti Padhao campaign in January 2015. It is designed to encourage parents to build a financial corpus for their girl child's education and marriage expenses.
SSY accounts can be opened at any post office or authorized bank for a girl child below 10 years of age. A family can open a maximum of two SSY accounts for two daughters. The scheme offers one of the highest interest rates among government small savings instruments, currently at 8.2% per annum.
The account matures 21 years from the date of opening, but deposits are required only for the first 15 years. The remaining 6 years accumulate interest on the existing balance. SSY enjoys EEE (Exempt-Exempt-Exempt) tax status, making deposits, interest, and maturity amount completely tax-free.
This SSY calculator helps Indian parents and guardians plan their investments by providing accurate maturity estimates based on their deposit amount and the current interest rate. Use it to compare different deposit scenarios and choose the best savings strategy for your daughter's future.
Frequently Asked Questions
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