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Sukanya Samriddhi Yojana (SSY) calculator

Sukanya Samriddhi is a government scheme for a daughter’s future — the highest small-savings rate, fully tax-free, and locked in for her education or marriage.

₹
Paid by 5 April each year, as this assumes. Paying ₹8,333 a month instead earns a little less · ₹250 to ₹1.5 lakh a year
 yrs
The account must be opened before she turns 10
 %
8.2% for Oct–Dec 2026, set every quarter
At maturity (she’ll be 24)
₹47.88 L
₹32.88 L tax-free interest on ₹15 L deposited over 15 years
You deposit
₹15 L
Interest
₹32.88 L
Balance at 18
₹29.84 L

Year by year

0₹12.5 L₹25 L₹37.5 L₹50 L1471013161921
Your deposits (years 1–15)Interest
Deposits stop after 15 years, but interest keeps compounding for six more — the last stretch adds the most.
Fully tax-free: deposits count under 80C (section 123 since April 2026, old regime), and interest and maturity are exempt. Up to 50% can be withdrawn after she turns 18 for higher education.
How it’s calculated

The maths, in plain words

Deposits

₹250 to ₹1.5 lakh a year, for 15 years from opening. We assume each year’s deposit is made by 5 April.

Maturity

The account matures 21 years after opening. Interest compounds yearly the whole time — even after deposits stop.

Eligibility

For a girl under 10, opened by a parent or guardian. Up to two daughters (three with twins).

Questions

People also ask

Your inputs stay on this device. Use Copy link to save or share a calculation.

What does ₹1.5 lakh a year in SSY become?
About ₹72 lakh after 21 years at 8.2%, from ₹22.5 lakh deposited — all tax-free.
Can I withdraw early?
Up to 50% of the balance for her higher education, once she turns 18 or passes Class 10, whichever comes first. Full closure is allowed for her marriage after 18.
Is SSY better than PPF?
For a daughter, usually yes: it pays more (8.2% vs 7.1%) and has the same tax-free status. PPF is more flexible and open to anyone.
Understand it

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