Sukanya Samriddhi Yojana calculator
Enter the yearly or monthly deposit and the current SSY interest rate. Deposits run for 15 years from opening and the account matures at 21 years, with interest compounded quarterly.
Value at maturity
₹74,48,931
21 years at 8.20%, compounded quarterly
- Total deposited
- ₹22,50,000
- Total interest
- ₹51,98,931
- Interest as % of deposit
- 231.1%
- Tax on withdrawal
- Nil (EEE)
- Deposited₹22.50 L · 30.2%
- Interest₹51.99 L · 69.8%
SSY interest is compounded quarterly and credited at the end of each financial year. Deposit is allowed for 15 years from opening; the account matures after 21 years, or earlier on the girl child's marriage after she turns 18. Interest, maturity and the 80C deduction are all tax-free.
Year-wise SSY balance
| Year | Deposit | Interest | Closing balance |
|---|---|---|---|
| Year 1 | ₹1.50 L | ₹12.68 K | ₹1.63 L |
| Year 2 | ₹1.50 L | ₹26.44 K | ₹3.39 L |
| Year 3 | ₹1.50 L | ₹41.36 K | ₹5.30 L |
| Year 4 | ₹1.50 L | ₹57.54 K | ₹7.38 L |
| Year 5 | ₹1.50 L | ₹75.09 K | ₹9.63 L |
| Year 6 | ₹1.50 L | ₹94.12 K | ₹12.07 L |
| Year 7 | ₹1.50 L | ₹1.15 L | ₹14.72 L |
| Year 8 | ₹1.50 L | ₹1.37 L | ₹17.59 L |
| Year 9 | ₹1.50 L | ₹1.61 L | ₹20.71 L |
| Year 10 | ₹1.50 L | ₹1.88 L | ₹24.08 L |
| Year 11 | ₹1.50 L | ₹2.16 L | ₹27.75 L |
| Year 12 | ₹1.50 L | ₹2.47 L | ₹31.72 L |
| Year 13 | ₹1.50 L | ₹2.81 L | ₹36.03 L |
| Year 14 | ₹1.50 L | ₹3.17 L | ₹40.70 L |
| Year 15 | ₹1.50 L | ₹3.57 L | ₹45.77 L |
| Year 16 | — | ₹3.87 L | ₹49.64 L |
| Year 17 | — | ₹4.20 L | ₹53.84 L |
| Year 18 | — | ₹4.55 L | ₹58.39 L |
| Year 19 | — | ₹4.94 L | ₹63.33 L |
| Year 20 | — | ₹5.35 L | ₹68.68 L |
| Year 21 | — | ₹5.81 L | ₹74.49 L |
How to use this calculator
Enter the yearly or monthly deposit and the current SSY interest rate. Deposits run for 15 years from opening and the account matures at 21 years, with interest compounded quarterly.
Free Sukanya Samriddhi Yojana (SSY) calculator. Project the maturity value over 21 years with quarterly compounding, the ₹1.5 lakh yearly limit and the tax-free EEE status.
Frequently asked questions
What are the SSY deposit limits?+
Between ₹250 and ₹1,50,000 per financial year, for 15 years from the date the account opens. Missing a year costs a ₹50 penalty to revive the account.
When can the SSY account be closed early?+
On the girl child's marriage after she turns 18, or on her death. Partial withdrawal of up to 50% of the balance is allowed for higher education once she is 18 or in class 10.
Is SSY interest taxed?+
No. SSY is fully exempt — deposit, interest and maturity are all tax-free, and the deposit also counts towards section 80C in the old regime.