Sukanya Samriddhi Yojana (SSY) Calculator FY 2025-26
Plan your daughter’s future with 8.2% tax-free returns | EEE Status | Section 80C Benefits
👧 SSY Maturity at 8.2% — Quick Reference by Annual Deposit
Invest for 15 years · Earns interest for 21 years · Rate: 8.2% p.a. (FY 2025-26) · Source: Ministry of Finance
All maturity amounts are tax-free (EEE status) — exempt at investment (80C), exempt during growth, exempt at maturity u/s 10. ₹1.5L/yr → ₹71.8L maturity at 8.2%. Calculated with annual compounding as per SSY rules.
📊 Year-Wise SSY Balance — ₹1,50,000 Annual Deposit at 8.2%
Exact year-by-year balance from account opening to maturity. Deposits made at start of each year for 15 years. Interest credited on 31st March each year.
After Year 15, no more deposits. Interest continues to compound at 8.2% p.a. on the accumulated balance until maturity at Year 21. Partial withdrawal of 50% allowed after girl turns 18 (for education only).
₹250 – ₹1,50,000 per year
0-10 years (eligibility)
Current: 8.2% p.a. (Q2 FY 2025-26)
💡 Quick Scenarios
Maturity Amount
(Daughter’s age at maturity: 22 years)
₹70,33,312
✓ 100% Tax-Free (EEE Status)
📊 Complete 21-Year Breakdown
See exactly how your daughter’s fund grows year by year. First 15 years: deposits + interest. Next 6 years: interest only.
| Year | Age | Opening Balance | Deposit | Interest (8.2%) | Closing Balance |
|---|
👧 6 Real Indian SSY Investment Stories
See how different Indian families are securing their daughters’ futures with SSY
👨👩👧 Urban Professional
Sharma Family – Mumbai
Software engineer couple
Daughter: Ananya (1 year)
Investment: ₹1,50,000/year
Period: 15 years contribution
Maturity at 22: ₹70.33L
Invested: ₹22.5L | Interest: ₹47.83L
🎓 Covers foreign education
👨🌾 Rural Family
Patil Family – Maharashtra
Farmer with modest income
Daughter: Priya (5 years)
Investment: ₹25,000/year
Goal: Marriage expenses
Maturity at 26: ₹9.47L
Invested: ₹3.75L | Interest: ₹5.72L
💍 Dignified marriage fund
🏪 Small Business
Kumar Family – Chennai
Shop owner, middle class
Daughter: Divya (3 years)
Investment: ₹75,000/year
Goal: Higher education
Maturity at 24: ₹32.07L
Invested: ₹11.25L | Interest: ₹20.82L
🎓 Medical college fund
👩⚕️ Doctor’s Family
Dr. Mehta – Ahmedabad
Pediatrician, planned early
Daughter: Aarti (newborn)
Investment: ₹1,50,000/year
Strategy: Start from birth
Maturity at 21: ₹75.99L
Invested: ₹22.5L | Interest: ₹53.49L
🌟 Maximum benefit
🏭 Factory Worker
Singh Family – Delhi
Manufacturing worker
Daughter: Simran (8 years)
Investment: ₹50,000/year
Goal: Graduate education
Maturity at 29: ₹17.98L
Invested: ₹7.5L | Interest: ₹10.48L
🎓 College + marriage
👨🏫 Teacher’s Family
Verma Family – Pune
Government school teacher
Daughter: Riya (6 years)
Investment: ₹1,00,000/year
Goal: Engineering college
Maturity at 27: ₹42.12L
Invested: ₹15L | Interest: ₹27.12L
🎓 IIT/NIT fees covered
⚖️ SSY vs PPF: Complete Comparison
| Feature | SSY (Sukanya) | PPF |
|---|---|---|
| Interest Rate (2025) | 8.2% ✓ | 7.1% |
| Eligibility | Girl child only | Anyone ✓ |
| Max Age at Opening | 10 years | No limit |
| Maturity Period | 21 years | 15 years ✓ |
| Min Investment | ₹250/year ✓ | ₹500/year |
| Max Investment | ₹1.5L/year | ₹1.5L/year |
| Contribution Period | 15 years only | 15+ years ✓ |
| Tax Status | EEE (100% free) ✓ | EEE (100% free) ✓ |
| Withdrawal Rules | 50% at age 18 | From 7th year ✓ |
| Loan Facility | ❌ Not available | ✓ Available (3rd-6th yr) |
| Accounts per Family | Max 2 (3 for twins) | One per person |
| Best For | Girl child future ✓ | General retirement |
✅ Choose SSY If:
- ✓ Have daughter below 10 years
- ✓ Want highest guaranteed returns (8.2%)
- ✓ Planning for girl’s education/marriage
- ✓ Can commit for 15 years
- ✓ Want specific girl child benefit
✅ Choose PPF If:
- ✓ Don’t have girl child or age > 10
- ✓ Want shorter lock-in (15 vs 21 years)
- ✓ Need loan facility option
- ✓ Want early withdrawal flexibility
- ✓ Can extend post-maturity
🔧 How SSY Calculation Works (Detailed)
📐 SSY Formula
M = P × [(1 + r)^n – 1] / r × (1 + r) + [Balance × (1 + r)^remaining_years]
M = Maturity Amount
P = Annual Deposit
r = Annual Interest Rate (8.2% = 0.082)
n = Contribution Period (15 years)
📋 Step-by-Step Process:
- Year 1-15: Deposit annually + earn interest on accumulated balance
- Year 16-21: No deposits, but interest continues on full balance
- Maturity: Full withdrawal at 21 years or upon marriage after 18
💡 Worked Example:
Scenario: ₹1,00,000/year | Girl age 5 | 8.2% interest
Year 1: ₹1,00,000 deposit + ₹8,200 interest = ₹1,08,200
Year 2: ₹1,08,200 + ₹1,00,000 + ₹17,072 = ₹2,25,272
Year 3: ₹2,25,272 + ₹1,00,000 + ₹26,672 = ₹3,51,944
… continues for 15 years with deposits …
Year 15: Balance = ₹27,15,216
… Year 16-21: Interest only (no deposits) …
Year 21: Final = ₹42,12,191
💡 Key Facts:
- ✓ Interest compounded annually (not quarterly like PPF)
- ✓ Interest credited at end of each financial year
- ✓ Deposits allowed only in first 15 years
- ✓ Account continues earning interest for full 21 years
- ✓ Can deposit monthly/quarterly/annually (max ₹1.5L/year)
❓ 15 Most Asked SSY Questions
1. What is current SSY interest rate?
8.2% p.a. for Q2 FY 2025-26, compounded annually. Highest among all small savings schemes. Revised quarterly by Govt.
2. Is SSY tax-free?
Yes! EEE status – deposits (80C deduction), interest, and maturity all 100% tax-free.
3. Who can open SSY account?
Parents/legal guardians for girl child below 10 years. Max 2 accounts per family (3 for twins/triplets).
4. What is min/max investment?
Min: ₹250/year. Max: ₹1,50,000/year. Can deposit monthly, quarterly, or annually.
5. When does SSY mature?
After 21 years from opening OR upon marriage after girl turns 18 (whichever is earlier).
6. Can I withdraw before maturity?
Partial withdrawal (50% of balance) allowed after girl turns 18 for higher education or marriage expenses.
7. How long to contribute?
Deposits mandatory for first 15 years only. After that, interest continues to accrue till maturity (year 21).
8. Where to open SSY account?
Post Office or authorized banks (SBI, HDFC, ICICI, PNB, etc.). Requires girl’s birth certificate.
9. What if I miss a deposit?
Account becomes irregular. Revive with ₹50/year penalty + missed deposits. Can skip years but reduces final corpus.
10. Can NRI open SSY?
Yes, at opening. But if girl becomes NRI later, no further deposits allowed. Existing balance continues earning interest.
11. Can I transfer SSY account?
Yes! Transfer from one post office/bank to another anywhere in India free of cost.
12. What happens if girl dies?
Account closed immediately. Full balance paid to guardian. Interest paid till month of death.
13. Can I close SSY prematurely?
Yes, in extreme cases: girl’s death, or medical emergency with life threat. Interest paid at Post Office Savings rate.
14. Documents needed?
Girl’s birth certificate, parent’s ID (Aadhaar/PAN), address proof, passport-size photos, initial deposit.
15. SSY vs FD which better?
SSY: Higher rate (8.2%), tax-free, girl-specific. FD: Flexible tenure, taxable interest. SSY clearly better for girl child.
🔗 Related Financial Calculators
Tools that complement your SSY planning
💡 5 Expert Tips
Professional advice to get the most from Sukanya Samriddhi Yojana (SSY) Calculator
Always Calculate Before Committing — Never Estimate Mentally
The human brain is poor at compound interest and percentage calculations. A ₹1,000/month difference in EMI seems small but means ₹3.6L more interest over 30 years. Always run the numbers through a calculator before signing loan documents, investment forms, or insurance policies.
Review Your Financial Calculations Annually
Interest rates change, tax slabs update, inflation shifts. Re-run all your financial calculations every April (start of financial year) to ensure your assumptions remain valid. A home loan rate change from 8.5% to 9.5% on ₹50L increases total interest by ₹8+ lakh.
Compare Multiple Scenarios Before Deciding
Don’t use a calculator to confirm a decision you’ve already made. Use it to COMPARE scenarios: short tenure vs long, prepay vs invest, old vs new tax regime. The most valuable insight often comes from the scenario you didn’t expect to choose.
Include All Hidden Costs in Your Calculations
Financial calculations often omit: processing fees (0.5-2% for loans), brokerage and taxes (for investments), maintenance and insurance (for property). Always add 5-10% buffer to calculated costs for realistic planning. Underestimating costs is the #1 planning mistake.
Consult a SEBI-Registered Advisor for Major Decisions
Calculators provide projections based on assumptions. For decisions involving ₹5 lakh+, consult a SEBI-registered Investment Advisor (RIA) or Chartered Accountant. Find SEBI-registered advisors at sebi.gov.in. Avoid commission-based agents who earn from products they recommend.
❓ Frequently Asked Questions
Everything you need to know about Sukanya Samriddhi Yojana (SSY) Calculator
Q1. How accurate are the calculator results?
Our calculators use industry-standard financial formulas validated against RBI guidelines and financial planning standards. Results are accurate for the inputs provided. Real-world outcomes may vary due to changing interest rates, market conditions, and regulatory changes.
Q2. Are my inputs stored or shared?
No. All calculations happen entirely in your browser. We do not store, transmit, or share any financial data you enter. Each calculator session is private and temporary — refreshing the page resets all inputs.
Q3. How often is this calculator updated?
Our calculators are updated in line with major financial events: Union Budget announcements, RBI REPO rate changes, SEBI regulations, and quarterly government scheme rate revisions. Check the "Last Updated" date on each calculator.
Q4. What should I do after getting the calculator results?
Calculator results are for planning and comparison purposes. For major financial decisions (above ₹5 lakh), consult: a SEBI-registered investment advisor (RIA) for investment decisions, a Chartered Accountant (CA) for tax planning, or a bank/NBFC for loan-related decisions.
Q5. Can I use this calculator for filing ITR or official submissions?
No. These calculators provide estimates for financial planning only. For official tax submissions, use the Income Tax Department portal (incometax.gov.in). For loan applications, use the official lender’s published rates and terms. Our calculations should not be used as official financial documentation.
Q6. What is the difference between gross return and XIRR?
Gross return calculates total percentage gain from start to end. XIRR (Extended Internal Rate of Return) accounts for the timing of cash flows (useful for SIP where you invest different amounts at different times). XIRR gives the equivalent annual compounded return — it’s the most accurate metric for comparing investments.
Q7. How do I calculate inflation-adjusted real returns?
Real Return = [(1 + Nominal Return%) / (1 + Inflation%)] − 1. Example: FD at 7% with 6% inflation gives real return of [(1.07/1.06)−1] = 0.94% — barely positive. Equity at 12% with 6% inflation gives real return of [(1.12/1.06)−1] = 5.66% — the actual increase in purchasing power.
Q8. Should I consult a financial advisor before making investment decisions?
Yes, for significant financial decisions. Find SEBI-registered Investment Advisors at sebi.gov.in under "Intermediaries/Market Infrastructure Institutions." Fee-only advisors (who charge a flat fee rather than commission) give unbiased advice. This calculator helps you understand numbers; an advisor helps with comprehensive planning.
Q9. What is compound interest and why does it matter?
Compound interest is interest calculated on both the principal and previously earned interest. Einstein reportedly called it the "8th wonder of the world." ₹1 lakh at 12% simple interest for 30 years = ₹4.6 lakh. At 12% compound interest for 30 years = ₹29.96 lakh. Compounding creates exponential, not linear, growth.
Q10. What is the difference between absolute return and CAGR?
Absolute return = (Final Value − Initial Value) / Initial Value × 100%. CAGR = [(Final Value/Initial Value)^(1/years) − 1] × 100%. An investment doubling in 10 years gives 100% absolute return but only 7.18% CAGR. Always use CAGR for comparing investments of different tenures.
Q11. How reliable are historical return assumptions for future projections?
Historical returns are the best guide available but are NOT guaranteed. Nifty 50 has delivered ~12% CAGR over 20-year periods historically, but individual years vary from -60% to +80%. Our calculators use your entered rate — use conservative assumptions (10-11% for equity, 6-7% for debt) for financial planning.
Q12. What are the key financial ratios I should know for investments?
P/E ratio (Price-to-Earnings): lower = cheaper stock. P/B ratio (Price-to-Book): <1 often undervalued. Expense ratio (for mutual funds): lower = more returns to you. FOIR (Fixed Obligation to Income Ratio): <40% = healthy EMI load. CIBIL score: >750 = best loan terms. Knowing these helps decode financial documents.
Calculator Disclaimer
For Informational Purposes Only: The Sukanya Samriddhi Yojana (SSY) Calculator provides estimates based on the inputs you enter and standard financial formulas. Results are indicative only and do not constitute financial advice.
Not a Guarantee: Actual returns, tax liability, or financial outcomes may differ due to market conditions, regulatory changes, or individual circumstances not captured in the calculator.
Professional Advice: For significant financial decisions, please consult a SEBI-registered Investment Advisor, Chartered Accountant, or certified financial planner.
Data Currency: All rates, slabs, and parameters are updated periodically. Verify current rates from official sources (RBI, SEBI, Income Tax Department, IRDAI) before making decisions.
Last Updated: 17 Jun 2026 | Data Source: RBI, SEBI, Income Tax Act 1961, IRDAI | Maintained by CalcWise.Finance