🌸 Government Scheme • 8.2% p.a. (Q1 FY2026)
Sukanya Samriddhi Calculator 2026
Calculate exactly how much your daughter’s SSY account will grow to at maturity. Free, instant, accurate — based on the official 8.2% interest rate for 2025-26.
Sukanya Samriddhi Yojana Calculator
Official rate: 8.2% per annum, compounded annually (Q1 FY2025-26)
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How SSY works: You deposit every year for 15 years (from account opening). The account matures after 21 years from opening. Interest accrues for all 21 years. Deposits above ₹1.5 lakh per year are not allowed and earn no interest.
Maturity Amount at Age 22
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Tax-free under Section 10(11A) of Income Tax Act
Total Deposited
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Interest Earned
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Wealth Multiplier
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📊 Key Statistics
Deposit Period
15 years
Account Matures After
21 years
Account Opens (Daughter’s Age)
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Last Deposit Year
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Maturity Age
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Annual Tax Saving (30% slab)
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50% Withdrawal at Age 18
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| Year | Annual Deposit | Interest Earned | Balance | Daughter’s Age |
|---|
Sukanya Samriddhi Yojana — Complete Guide 2025
The Sukanya Samriddhi Yojana (SSY) is one of India’s most rewarding small savings schemes, launched by the Government of India in January 2015 under the Beti Bachao Beti Padhao campaign. Designed exclusively for the girl child, SSY offers one of the highest risk-free returns in the country — currently 8.2% per annum for Q1 FY2025-26 — with full tax exemption at all stages.
Triple Tax Benefit (EEE Status)
SSY enjoys Exempt-Exempt-Exempt status: deposits qualify for Section 80C deduction (up to ₹1.5 lakh/year), interest earned is fully tax-free, and the maturity amount is completely exempt from income tax under Section 10(11A).
How the SSY Calculator Works
The SSY interest is compounded annually, calculated on the closing balance at the end of each financial year. The formula used is:
// SSY Maturity Calculation — Annual CompoundingFor each deposit year (Year 1 to Year 15):
Balance(n) = [Balance(n-1) + Deposit] × (1 + Rate)For non-deposit years (Year 16 to Year 21):
Balance(n) = Balance(n-1) × (1 + Rate)Where:
Rate = 0.082 (8.2% per annum)
Deposit = Annual contribution (max ₹1,50,000)
Period = 21 years total from account opening
Key Rules You Must Know
- Eligibility: Account can be opened for a girl child below the age of 10 years. Maximum 2 accounts per family (3 in case of twins/triplets).
- Minimum deposit: ₹250 per financial year. If not paid, the account becomes “irregular” with a ₹50 penalty per year to reactivate.
- Maximum deposit: ₹1,50,000 per financial year. Any excess is returned without interest.
- Deposit period: 15 years from the date of account opening. Interest continues for the full 21 years.
- Maturity: 21 years from opening date or on the girl’s marriage after age 18, whichever is earlier.
- Premature closure: Allowed only after 5 years on grounds of life-threatening illness or account holder’s death.
Interest Rate is Reviewed Quarterly
The Government of India reviews and sets SSY interest rates every quarter. The current rate of 8.2% has been stable since Q4 FY2023-24. Your actual maturity amount may differ slightly if rates change over the 21-year period.
Worked Example — ₹1,50,000 Annual Deposit
Let’s say you open a Sukanya Samriddhi account when your daughter is 1 year old, depositing the maximum ₹1,50,000 every year for 15 years at 8.2% p.a.:
| What You Put In | What You Get Back | Wealth Created |
|---|---|---|
| ₹1,50,000/year × 15 years = ₹22,50,000 | ≈ ₹69.27 Lakh at 8.2% p.a. after 21 years | 3.08× your money Interest: ≈ ₹46.77 lakh |
SSY vs Other Tax-Saving Instruments (2025)
| Instrument | Interest Rate | Tax on Interest | Lock-in | For Whom |
|---|---|---|---|---|
| Sukanya Samriddhi (SSY) | 8.2% p.a. | Fully Tax-Free | 21 years | Girl child below 10 yrs |
| Public Provident Fund (PPF) | 7.1% p.a. | Fully Tax-Free | 15 years | Any individual |
| NSC (5-Year) | 7.7% p.a. | Taxable | 5 years | Any individual |
| SCSS (Senior Citizens) | 8.2% p.a. | Taxable (TDS above ₹50K) | 5 years | 60+ years only |
| ELSS Mutual Funds | Market-linked (~12-15%) | LTCG 10% above ₹1L | 3 years | Any individual |
5 Tips to Maximise Your SSY Returns
- Open at birth or as early as possible: Every year of compounding matters. Opening at birth vs. age 5 can mean a difference of ₹15-20 lakh at maturity (at max deposit).
- Deposit before April 5: Interest is calculated on the minimum balance between the 5th and last day of the month. Depositing before April 5 each year maximises interest for the full year.
- Always deposit the maximum ₹1,50,000: Even if funds are tight, try to reach the maximum — the tax saving alone (₹46,800 for 30% bracket) partially funds your investment.
- Use post office or authorised bank: SSY can be opened at any post office or 28 authorised banks. Ensure you use a recognised institution for safety.
- Plan the 50% partial withdrawal at age 18: You can withdraw up to 50% of the balance at the end of the previous year (once the girl turns 18) for education. Plan higher education funding around this milestone.
Good News: NRI Girls Can Now Benefit
As per RBI guidelines clarified in 2024, SSY accounts opened before a girl becomes an NRI can continue. However, new NRI girls are not eligible to open an account. If the account holder becomes an NRI after opening, interest accrues at the Post Office Savings Bank rate (currently ~4%) from the date of NRI status.
📚 Complete SSY Learning Guide
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Beginner GuideWhat is Sukanya Samriddhi Yojana? Complete Guide 2025
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Interest RatesSukanya Samriddhi Interest Rate 2025 — All Quarters Compared
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ComparisonSukanya Samriddhi vs PPF — Which Is Better for Your Girl Child?
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WithdrawalSukanya Samriddhi Withdrawal Rules 2025 — When & How Much
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Step-by-StepHow to Open Sukanya Samriddhi Account Online & Offline 2025
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