Sukanya Samriddhi Yojana Calculator

Calculate your SSY maturity value at the current 8.2% interest rate. See how 15 years of deposits grow over 21 years with compound interest, tax savings under Section 80C (EEE status), and partial withdrawal eligibility for your daughter's education.

SSY Maturity

₹71.8L

Annual deposit

₹

Interest rate (p.a.)

Daughter's current age

year

Tax bracket

Depositing ₹1,50,000/year for 15 years at 8.2%. Account matures in 21 years (when she turns 22).

SSY Maturity Value

₹71,82,119

3.2× your deposits — 100% tax-free (EEE)

Your daughter will have ₹71.8L when she turns 22

You deposit ₹22,50,000 over 15 years. The scheme adds ₹49,32,119 in interest.

Total deposited

₹22,50,000

₹1,50,000/yr × 15 years

Interest earned

₹49,32,119

69% of maturity

Composition at Maturity

Deposited (31%)

Interest (69%)

Growth-Only Bonus (Years 16–21)

After deposits stop at year 15, your balance continues earning interest for 6 more years.

Balance at year 15

₹44,75,989

Extra interest (yr 16–21)

₹27,06,130

Share of total interest

55%

Compounding is powerful

69% of your maturity is interest — the scheme is doing the heavy lifting.

Tax Savings (Section 80C — Old Regime)

80C deduction/year

₹1,50,000

Tax saved/year (30% bracket)

₹45,000

Lifetime tax saved (15 yrs)

₹6,75,000

SSY has EEE status: deposits get 80C deduction, interest is tax-free, and maturity is tax-free.

Partial Withdrawal (Education)

Eligible from year 17 (when your daughter turns 18 or passes 10th standard).

Up to ₹24,21,510 can be withdrawn (50% of previous year's balance) for higher education expenses.

One withdrawal per year, in lump sum or up to 5 annual installments. Tax-free.

SSY Balance Growth

Total balance

Amount deposited

Interest earned

Year-by-year SSY account growth showing deposits, interest, balance, and child age
Year	Age	Deposit	Interest	Balance
1	2	₹1,50,000	₹12,300	₹1,62,300
2	3	₹1,50,000	₹25,609	₹3,37,909
3	4	₹1,50,000	₹40,009	₹5,27,917
4	5	₹1,50,000	₹55,589	₹7,33,506
5	6	₹1,50,000	₹72,448	₹9,55,954
6	7	₹1,50,000	₹90,688	₹11,96,642
7	8	₹1,50,000	₹1,10,425	₹14,57,067
8	9	₹1,50,000	₹1,31,779	₹17,38,846
9	10	₹1,50,000	₹1,54,885	₹20,43,732
10	11	₹1,50,000	₹1,79,886	₹23,73,618
11	12	₹1,50,000	₹2,06,937	₹27,30,554
12	13	₹1,50,000	₹2,36,205	₹31,16,760
13	14	₹1,50,000	₹2,67,874	₹35,34,634
14	15	₹1,50,000	₹3,02,140	₹39,86,774
15last deposit	16	₹1,50,000	₹3,39,215	₹44,75,989
16	17	—	₹3,67,031	₹48,43,020
17	18	—	₹3,97,128	₹52,40,148
18	19	—	₹4,29,692	₹56,69,840
19	20	—	₹4,64,927	₹61,34,767
20	21	—	₹5,03,051	₹66,37,818
21	22	—	₹5,44,301	₹71,82,119

SSY rules: Deposits for 15 years, account matures in 21 years (interest keeps growing for 6 years after last deposit). Min deposit ₹250/year, max ₹1,50,000/year. Penalty of ₹50/year for missed deposits. Interest rate is set by the government and revised quarterly — currently 8.2% p.a. One account per girl child, max 2 accounts per family. Girl must be under 10 at the time of account opening. Premature closure allowed for marriage (after 18) or medical emergency.