How is Sukanya Samriddhi maturity calculated?

You deposit each year for 15 years, and the balance compounds annually until the account matures 21 years after opening. Interest keeps accruing in years 16–21 even though no deposits are made, so the maturity is much larger than the total deposited.

What is the SSY interest rate and limit?

The rate is set by the government each quarter. You can deposit between ₹250 and ₹1.5 lakh per financial year, and the deposit, interest and maturity are all tax-free.

When can the money be withdrawn?

The account matures 21 years from opening. Partial withdrawal up to 50% is allowed for the girl's higher education after she turns 18, and the account can close on her marriage after 18.

Home · Tools · Sukanya Samriddhi

Savings & investing

Sukanya Samriddhi (SSY) Calculator

See what the Sukanya Samriddhi Yojana grows to for your daughter. Enter a yearly deposit and the current rate — deposits run for 15 years and the account matures, tax-free, 21 years after opening.

All tools FD RD PPF SSY SIP Step-up SIP Lumpsum CAGR NPS Retirement Inflation

Your SSY

Yearly deposit ₹250 – ₹1.5 lakh

₹

Interest rate 8.2% current, editable

Maturity value—after 21 years

Total deposited (15 years)—

Interest earned (tax-free)—

Growth multiple—

Year-by-year balance

All amounts in ₹. Deposits in years 1–15; interest continues to year 21.

Year	Deposit	Balance

How it's calculated

A deposit is made at the start of each of the first 15 years and the balance compounds annually at the SSY rate. From year 16 to 21 no further deposits are made, but the accumulated balance keeps earning interest until maturity at 21 years — which is why the final amount far exceeds what you put in. Everything is exempt from tax.

Deposits for 15 years, compounding annually, maturity at 21 years. The rate is set each quarter by the government — edit it above to match the latest.

Frequently asked questions

Who can open an SSY account?

A parent or guardian, for a girl child below 10 years, with a limit of one account per girl and two per family.

Is it better than PPF?

SSY usually offers a slightly higher rate and the same tax-free status, but it's earmarked for a girl child; compare with the PPF calculator.

What if I miss a year?

A minimum ₹250 keeps it active; a missed year can be regularised with a small penalty.

Calculated with PropertiesOnline.in — free property, finance & construction calculators · https://propertiesonline.in