Sukanya Samriddhi Yojana Calculator 2025
Plan your daughter’s future with 8.2% tax-free returns | EEE Status | Section 80C Benefits
₹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.