Sukanya Samriddhi Yojana (SSY) Calculator
Calculate government-backed 8.2% p.a. tax-free returns for your daughter's higher education and marriage goals
Tenure Details: Deposits are made for 15 years.
The account matures after 21 years (in year 2047, when she turns 22). No deposits are required for the last 6 years, but interest continues to accrue.
Total Maturity Amount at Age 21
₹71.82 L
Matures in year 2047 when girl child reaches age 22.
Up to 50% of balance available for college expenses when she turns 18.
Invested vs Interest Breakdown
₹22.50 L
₹49.32 L
Interest makes up 68.7% of total maturity value
Year-by-Year Schedule (21 Years)
| Year | Girl's Age (Year End) | Deposit | Total Invested | Interest Earned | Closing Balance |
|---|---|---|---|---|---|
| Year 1 | 2 yrs | ₹1.50 L | ₹1.50 L | ₹12,300 | ₹1.62 L |
| Year 2 | 3 yrs | ₹1.50 L | ₹3.00 L | ₹25,609 | ₹3.38 L |
| Year 3 | 4 yrs | ₹1.50 L | ₹4.50 L | ₹40,009 | ₹5.28 L |
| Year 4 | 5 yrs | ₹1.50 L | ₹6.00 L | ₹55,589 | ₹7.34 L |
| Year 5 | 6 yrs | ₹1.50 L | ₹7.50 L | ₹72,448 | ₹9.56 L |
| Year 6 | 7 yrs | ₹1.50 L | ₹9.00 L | ₹90,688 | ₹11.97 L |
| Year 7 | 8 yrs | ₹1.50 L | ₹10.50 L | ₹1.10 L | ₹14.57 L |
| Year 8 | 9 yrs | ₹1.50 L | ₹12.00 L | ₹1.32 L | ₹17.39 L |
| Year 9 | 10 yrs | ₹1.50 L | ₹13.50 L | ₹1.55 L | ₹20.44 L |
| Year 10 | 11 yrs | ₹1.50 L | ₹15.00 L | ₹1.80 L | ₹23.74 L |
| Year 11 | 12 yrs | ₹1.50 L | ₹16.50 L | ₹2.07 L | ₹27.31 L |
| Year 12 | 13 yrs | ₹1.50 L | ₹18.00 L | ₹2.36 L | ₹31.17 L |
| Year 13 | 14 yrs | ₹1.50 L | ₹19.50 L | ₹2.68 L | ₹35.35 L |
| Year 14 | 15 yrs | ₹1.50 L | ₹21.00 L | ₹3.02 L | ₹39.87 L |
| Year 15 | 16 yrs | ₹1.50 L | ₹22.50 L | ₹3.39 L | ₹44.76 L |
| Year 16 | 17 yrs | ₹0 (No deposit) | ₹22.50 L | ₹3.67 L | ₹48.43 L |
| Year 17🎓 Turns 18 | 18 yrs | ₹0 (No deposit) | ₹22.50 L | ₹3.97 L | ₹52.40 L 50% max withdrawal: ₹26.20 L |
| Year 18 | 19 yrs | ₹0 (No deposit) | ₹22.50 L | ₹4.30 L | ₹56.70 L |
| Year 19 | 20 yrs | ₹0 (No deposit) | ₹22.50 L | ₹4.65 L | ₹61.35 L |
| Year 20 | 21 yrs | ₹0 (No deposit) | ₹22.50 L | ₹5.03 L | ₹66.38 L |
| Year 21 | 22 yrs | ₹0 (No deposit) | ₹22.50 L | ₹5.44 L | ₹71.82 L |
* Highlighted rows (Years 16–21) represent the period where no further deposits are allowed, but interest continues compounding. Row with 🎓 indicates when she turns 18 and becomes eligible for 50% higher education withdrawal.
SSY Corpus Trajectory
Notice how the corpus continues rising sharply during Years 16 to 21 due to compound interest, even though deposits stop after Year 15.
Sukanya Samriddhi Yojana: The Highest-Yielding Sovereign Scheme for Girl Children
Sukanya Samriddhi Yojana (SSY) is a specialized central government savings initiative designed to fund the higher education and marriage expenses of girl children. Offering an industry-leading 8.2% sovereign interest rate, it combines higher yields than PPF with complete EEE tax exemptions.
15-Year Deposit / 21-Year Maturity
You make deposits for only the first 15 years from account opening. The account continues compounding and matures upon completing 21 years from the date of opening.
Partial Withdrawal at Age 18
Up to 50% of the balance standing at the end of the preceding financial year can be withdrawn once the girl child turns 18 to fund legitimate higher education college admissions.
Sukanya Samriddhi Yojana (SSY) FAQs
Eligibility, deposit rules, and maturity terms explained.
What is the maximum age of the girl child to open an SSY account?
The SSY account can be opened from the birth of the girl child until she attains the age of 10 years, with a limit of maximum two girl children per family.
What is the minimum and maximum annual deposit limit in SSY?
The minimum annual deposit is ₹250, and the maximum ceiling is ₹1,50,000 per financial year, qualifying for tax deductions under Section 80C.
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