Sukanya Samriddhi Yojana (SSY) Calculator
Plan your daughter's education and marriage with guaranteed returns
📝 Note: Deposits are allowed for 15 years. The account matures after 21 years from the date of opening.
Total Maturity Value (after 21 Years)
₹23,94,040
Total Invested
₹7,50,000
Total Interest
₹16,44,040
Yearly Balance Breakdown
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| Year 1 | ₹50,000 | ₹4,100 | ₹54,100 |
| Year 2 | ₹50,000 | ₹8,536 | ₹1,12,636 |
| Year 3 | ₹50,000 | ₹13,336 | ₹1,75,972 |
| Year 4 | ₹50,000 | ₹18,530 | ₹2,44,502 |
| Year 5 | ₹50,000 | ₹24,149 | ₹3,18,651 |
| Year 6 | ₹50,000 | ₹30,229 | ₹3,98,881 |
| Year 7 | ₹50,000 | ₹36,808 | ₹4,85,689 |
| Year 8 | ₹50,000 | ₹43,926 | ₹5,79,615 |
| Year 9 | ₹50,000 | ₹51,628 | ₹6,81,244 |
| Year 10 | ₹50,000 | ₹59,962 | ₹7,91,206 |
| Year 11 | ₹50,000 | ₹68,979 | ₹9,10,185 |
| Year 12 | ₹50,000 | ₹78,735 | ₹10,38,920 |
| Year 13 | ₹50,000 | ₹89,291 | ₹11,78,211 |
| Year 14 | ₹50,000 | ₹1,00,713 | ₹13,28,925 |
| Year 15 | ₹50,000 | ₹1,13,072 | ₹14,91,996 |
| Year 16 | ₹0 | ₹1,22,344 | ₹16,14,340 |
| Year 17 | ₹0 | ₹1,32,376 | ₹17,46,716 |
| Year 18 | ₹0 | ₹1,43,231 | ₹18,89,947 |
| Year 19 | ₹0 | ₹1,54,976 | ₹20,44,922 |
| Year 20 | ₹0 | ₹1,67,684 | ₹22,12,606 |
| Year 21 | ₹0 | ₹1,81,434 | ₹23,94,040 |
🛡️ SSY Guide — Securing Your Daughter's Future
"Sukanya Samriddhi Yojana (SSY) is a savings scheme launched by the Govt of India for the benefit of the girl child. It offers one of the highest interest rates among all small savings schemes."
⚙️ Eligibility & Opening
The account can be opened in the name of a girl child below the age of 10. Only one account per girl child is allowed, and maximum two accounts per family (three in case of twins/triplets).
💰 Deposit Limits
Minimum deposit is ₹250 per year, and the maximum is ₹1.5 lakh per year. If the minimum is not deposited, the account is "defaulted" and can be revived with a ₹50 penalty.
🚀 Why SSY is Better?
- ✓Highest InterestUsually 1-1.5% higher than PPF or bank FDs.
- ✓Tax-Free MaturityNo tax on interest or the final maturity amount.
- ✓Social SecurityCapital is protected by the Central Government.
- ✓Compounding Power21-year horizon creates massive wealth from small savings.
Partial Withdrawal Rule
Once the girl child turns 18 or clears Class 10, you can withdraw up to 50% of the balance for her higher education. The remaining matures after 21 years.