Updated September 2026 · SSY rate 8.2% p.a. (Jul–Sep 2026)
Sukanya Samriddhi Yojana Calculator
See exactly what your daughter’s SSY account will be worth at maturity. This Sukanya Samriddhi Yojana calculator handles yearly or monthly deposits, yearly top-ups and the 50% education withdrawal at 18, and shows the interest credited in every one of the 21 years.
- Latest 8.2% rate
- Monthly & yearly deposits
- Year-wise table & chart
- Free, no sign-up
Goal planner
Reverse calculatorEnter the amount you want at maturity. We work out the deposit it needs, using the settings above.
Deposit about ₹1,04,450 a year for 15 years to reach about ₹50,00,000.
How your SSY balance grows, year by year
- Deposits
- Interest
Show year-wise SSY table
| Year | Financial year | Her age | Deposit | Interest | Withdrawal | Closing balance |
|---|
- 8.2%Interest a year, Jul–Sep 2026
- ₹250 – ₹1.5LDeposit per financial year
- 15 yearsDeposit period from opening
- 21 yearsMaturity from opening
Built for real plans
Why this SSY calculator gives you a truer answer
Most SSY calculators stop at one yearly deposit and a single maturity figure. Real plans are messier, so this one models the rules that actually change your number.
Monthly or yearly deposits
Pick monthly and we apply the real rule: a deposit made by the 5th earns interest for that month, and interest is credited once a year.
Yearly top-ups
Salaries grow, so deposits usually do too. Add a top-up and each year’s deposit rises, stopping at the ₹1.5 lakh legal limit.
The withdrawal at 18
Planning for college fees? Take up to 50% when she turns 18 and see what is left for her at maturity.
Goal planner
Start from the corpus you want and get the yearly or monthly deposit that reaches it, rounded to the ₹50 multiple SSY accepts.
Every year, in detail
A chart and a full 21-year table show the deposit, interest and balance for each financial year, next to your daughter’s age.
Rate what-ifs
The SSY rate is reset every quarter. See your maturity at half a percent lower and higher, so a rate change is never a surprise.
Takes 30 seconds
How to use the Sukanya Samriddhi Yojana calculator
Five inputs give you a complete maturity plan for your daughter.
Choose yearly or monthly deposits
Yearly assumes you pay in April. Monthly assumes you pay by the 5th of every month.
Enter the amount
Anything from ₹250 to ₹1,50,000 per financial year, in multiples of ₹50. Type it or use the slider.
Add her age and the opening year
Her age decides when the withdrawal at 18 happens. The year gives you the exact maturity date.
Check the rate and top-up
8.2% is filled in for you. Add a yearly top-up if you plan to raise deposits as your income grows.
Read and share the results
See the maturity value, interest, growth chart and full table, then copy the summary to share with family.
The maths
How the SSY maturity amount is calculated
SSY interest is worked out every month on the lowest balance between the 5th and the last day of that month. It is added to the account once a year, at the end of the financial year, so the balance compounds annually.
You deposit for the first 15 years. After that the account keeps earning interest with no new money until it matures 21 years after opening, which is why the last six years add so much.
Why paying before the 5th matters
A deposit that reaches the account after the 5th earns nothing for that month. Paying monthly on the 6th loses a month of interest on every instalment, and that adds up over 15 years. Paying the full year’s amount in April earns the most.
What the calculator does not assume
It does not guess future rate changes. Enter a different rate to test a scenario, or use the what-if line under the results.
The SSY formula
For a deposit made at the start of each financial year:
Closing balance = (Opening balance + Deposit) × (1 + r)Here r is the yearly rate as a decimal, so 0.082 at 8.2%. Apply it for 15 years with deposits, then 6 years without.
Worked example: ₹1.5 lakh a year
- Total deposited (15 years)
- ₹22,50,000
- Balance after 15 years
- ₹44,75,989
- Interest earned
- ₹49,32,119
- Maturity value (21 years)
- ₹71,82,119
Quick reference
SSY maturity chart at 8.2%
Maturity values for common deposit amounts paid every April for 15 years and left to grow until year 21. Saving ₹1,000 a month by the 5th instead grows to about ₹5,54,612.
| Yearly deposit | Per month | Total deposited | Interest earned | Maturity value |
|---|---|---|---|---|
| ₹12,000 | ₹1,000 | ₹1,80,000 | ₹3,94,570 | ₹5,74,570 |
| ₹25,000 | ₹2,083 | ₹3,75,000 | ₹8,22,020 | ₹11,97,020 |
| ₹50,000 | ₹4,167 | ₹7,50,000 | ₹16,44,040 | ₹23,94,040 |
| ₹75,000 | ₹6,250 | ₹11,25,000 | ₹24,66,060 | ₹35,91,060 |
| ₹1,00,000 | ₹8,333 | ₹15,00,000 | ₹32,88,079 | ₹47,88,079 |
| ₹1,50,000 | ₹12,500 | ₹22,50,000 | ₹49,32,119 | ₹71,82,119 |
Why parents choose it
Benefits of Sukanya Samriddhi Yojana
SSY is a government savings scheme for a girl child, launched in 2015 under the Beti Bachao Beti Padhao campaign.
Highest rate among small savings
At 8.2%, SSY pays more than PPF at 7.1% and NSC at 7.7%. Compare the two with our PPF calculator.
Fully tax-free (EEE)
Deposits up to ₹1.5 lakh a year are deductible under the old tax regime, and both interest and maturity are tax-free. Check your tax with the income tax calculator.
Government guarantee
SSY is backed by the Government of India, so your deposits and interest carry no market risk.
Start with just ₹250
The minimum is ₹250 a year and you can pay in as often as you like, so it fits any budget.
Money kept for her
Withdrawals are limited to education after 18 and closure for marriage, so the fund stays reserved for her needs.
Six free years of growth
You pay for 15 years but earn interest for 21. The last six years of compounding need nothing from you.
Before you open
SSY rules to know before you invest
- Who can open
- A parent or legal guardian, for a resident Indian girl below 10 years. Accounts opened by grandparents must be transferred to a parent or legal guardian.
- How many accounts
- One account per girl and up to two per family. A third is allowed when twins or triplets are born.
- Deposit limits
- ₹250 minimum and ₹1,50,000 maximum per financial year, in multiples of ₹50, for 15 years from opening.
- Missed deposits
- Miss the minimum and the account is marked as defaulted. Revive it within 15 years by paying ₹250 for each missed year plus a ₹50 penalty per year.
- Partial withdrawal
- Up to 50% of the previous year-end balance, once she turns 18 or passes Class 10, for higher education.
- Maturity and early closure
- The account matures 21 years after opening. It can close early for her marriage after 18, on her death, or on compassionate grounds after five years.
Read the full scheme rules on the National Savings Institute website before opening an account.
Answers
Sukanya Samriddhi Yojana calculator FAQs
What is the current Sukanya Samriddhi Yojana interest rate?
The SSY interest rate is 8.2% a year for July to September 2026 (Q2 of FY 2026-27). It has stayed at 8.2% since January 2024. The government reviews the rate every quarter, and interest is compounded once a year.
How much will I get if I invest ₹1.5 lakh a year in SSY?
At 8.2%, depositing ₹1,50,000 every April for 15 years gives a maturity value of about ₹71,82,119 after 21 years. You invest ₹22,50,000 and earn about ₹49,32,119 in tax-free interest.
How is the SSY maturity amount calculated?
Interest is calculated each month on the lowest balance between the 5th and the end of the month, and credited at the end of every financial year. You deposit for 15 years, and the balance keeps compounding until the account matures 21 years after opening.
Can I deposit money in SSY every month?
Yes. You can make any number of deposits in a year as long as the total is between ₹250 and ₹1,50,000. Pay before the 5th of the month so the deposit earns interest for that month.
How much will I get if I deposit ₹1,000 a month in SSY?
Depositing ₹1,000 by the 5th of every month for 15 years (₹1,80,000 in total) grows to about ₹5,54,612 at maturity at 8.2%.
When can I withdraw money from a Sukanya Samriddhi account?
You can withdraw up to 50% of the previous year-end balance once your daughter turns 18 or passes Class 10, for her higher education. The full amount is paid at maturity, 21 years after opening, or earlier if the account is closed for her marriage after she turns 18.
What happens if I miss the minimum SSY deposit?
The account becomes a defaulted account. You can revive it within 15 years of opening by paying the minimum ₹250 for each missed year plus a penalty of ₹50 for each year of default.
Is Sukanya Samriddhi Yojana tax-free?
Yes. SSY has exempt-exempt-exempt (EEE) status. Deposits of up to ₹1.5 lakh a year qualify for a deduction under the old tax regime, and the interest and maturity amount are fully tax-free.
Who can open an SSY account and where?
A parent or legal guardian can open it for a girl below 10 years at any post office or authorised bank, with her birth certificate and the guardian’s identity and address proof. A family can open accounts for up to two daughters.
Start her SSY plan with the right number
Use the Sukanya Samriddhi Yojana calculator to settle on a deposit you can keep up for 15 years, then open the account at your post office or bank. Starting early matters more than starting big.
Recalculate with my numbersResults are estimates based on the rate you enter, held constant for 21 years, and on-time deposits. Actual returns depend on quarterly rate changes and deposit dates. This page is for information only and is not financial advice.