SSY Calculator
Sukanya Samriddhi Yojana
Use our SSY calculator to estimate the maturity value of Sukanya Samriddhi Yojana for your girl child. See how yearly investments can secure her future with tax-free returns.
Maturity Amount at Age 21
₹44,25,212
Investment Breakdown
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched under the "Beti Bachao, Beti Padhao" campaign. It is specifically designed for the girl child, allowing parents or guardians to open an account in the name of a girl child below 10 years of age. The scheme offers one of the highest interest rates among government savings schemes.
SSY Rules
Deposits are made for 15 years from the date of account opening. The account matures when the girl turns 21 years old. Interest continues to accrue even after deposits stop.
Key SSY Features
- For Girl Child: The account can be opened for a girl child below 10 years of age. A maximum of two accounts can be opened for two girl children.
- EEE Tax Benefit: SSY enjoys Exempt-Exempt-Exempt tax status — your investment, interest earned, and maturity amount are all completely tax-free.
- Minimum ₹250/Year: A minimum deposit of ₹250 per year is required to keep the account active. The maximum deposit is ₹1,50,000 per year.
- High Interest Rate: SSY currently offers one of the highest interest rates among government small savings schemes, revised quarterly by the government.
Disclaimer: This calculator provides approximate results for illustrative purposes only. The SSY interest rate is revised quarterly by the Government of India. Current rate shown is indicative and may change. Please check the latest rate on the official government portal.