SSY Calculator
Plan your Sukanya Samriddhi Yojana savings. Enter the yearly deposit, girl's current age, and current SSY interest rate to see the full year-by-year growth and tax-free maturity corpus.
Max age to open: 10 years
₹250 – ₹1,50,000
Current rate: 8.2% (Q1 FY2024-25)
Enter the girl's age and yearly deposit to calculate SSY maturity.
Features
- Calculates SSY maturity value based on current age
- Accounts for 21-year account tenure and 15-year deposit window
- Year-by-year growth table
- Supports Section 80C tax deduction planning
- Instant browser-based calculation
Frequently Asked Questions
What is Sukanya Samriddhi Yojana (SSY)?
SSY is a government-backed savings scheme for the girl child in India, launched under the Beti Bachao Beti Padhao initiative. An account can be opened for a girl below 10 years. It offers one of the highest guaranteed returns among small savings schemes.
What is the SSY interest rate?
As of Q1 FY2024-25, the SSY interest rate is 8.2% per annum, compounded annually. The rate is reviewed quarterly by the Government of India.
When does an SSY account mature?
An SSY account matures 21 years from the date of opening, or when the girl marries after the age of 18 — whichever is earlier. Deposits can only be made for the first 15 years.
What is the maximum SSY deposit per year?
The maximum yearly deposit is ₹1,50,000 and the minimum is ₹250. The full deposit qualifies for Section 80C deduction. The maturity amount and interest are completely tax-free.