Sukanya Samriddhi Yojana Calculator
Calculate the maturity value of a Sukanya Samriddhi Yojana account for a daughter.
About the Sukanya Samriddhi Yojana Calculator
Calculate the maturity value of a Sukanya Samriddhi Yojana account for a daughter. SSY can be opened for a girl under 10, pays 8.2% (October–December 2026) compounded yearly, and accepts ₹250 to ₹1.5 lakh a year for 15 years. It matures 21 years after opening; deposits get Section 80C deduction and interest is tax-free.
The formula
Years 1–15: (balance + deposit) × (1 + rate); years 16–21: balance × (1 + rate)
Worked example
Example: Maturity value at 21 years = ₹80,50,936
- Inputs: Yearly deposit: 1,50,000 ₹; Interest rate: 9%.
- Formula: Years 1–15: (balance + deposit) × (1 + rate); years 16–21: balance × (1 + rate)
- Result: Maturity value at 21 years = ₹80,50,936
Things to keep in mind
- Rates are reviewed every quarter; this uses the rate for October–December 2026.
Questions people ask
Can I withdraw for education?
Up to 50% after she turns 18 or passes Class 10.
How many accounts can I open?
One per girl, up to two girls (three for twins/triplets).