Sukanya Samriddhi Yojana Calculator
Calculate maturity amount, total investment, and interest earned under the Sukanya Samriddhi Yojana.
Value must be between ₹250 and ₹1,50,000
Sukanya Samriddhi Yojana Calculator
A Sukanya Samriddhi Yojana (SSY) Calculator helps parents and guardians estimate the maturity amount and total interest earned by investing in the Sukanya Samriddhi Yojana scheme for their girl child.
Sukanya Samriddhi Yojana is a government-backed small savings scheme launched under the Beti Bachao, Beti Padhao initiative. It is designed to encourage long-term savings for a girl child’s education and marriage with attractive interest rates and tax benefits.
What Is a Sukanya Samriddhi Yojana Calculator?
An SSY Calculator is an online tool that estimates the future value of your Sukanya Samriddhi Yojana investment based on yearly contribution and the applicable interest rate.
- Total amount invested over the contribution period
- Total interest earned
- Estimated maturity amount at the end of the scheme
This calculator provides indicative results based on prevailing SSY rules and interest assumptions. Actual maturity value may vary based on official interest rates notified by the government.
How Does the SSY Calculator Work?
The Sukanya Samriddhi Yojana Calculator estimates returns using inputs such as:
- Annual investment amount
- Age of the girl child at the time of account opening
- Investment duration (up to 15 years)
- Applicable SSY interest rate
Note: The calculator assumes regular yearly contributions and does not factor in changes to interest rates announced in future years.
Sukanya Samriddhi Yojana Calculation Example
Let’s understand how Sukanya Samriddhi Yojana returns are calculated with a simple example.
- Age of Girl Child: 2 years
- Annual Investment: ₹1,00,000
- Investment Period: 15 years
- Interest Rate: 8.2% per annum
- Maturity Period: 21 years
Total Amount Invested: ₹15,00,000
Total Interest Earned: ₹31–32 lakh (approx.)
Maturity Amount: ₹46–47 lakh (approx.)
Result: Sukanya Samriddhi Yojana helps build a substantial, tax-free corpus for a girl child’s future with disciplined long-term savings.
Frequently Asked Questions (FAQs)
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana is a government-backed savings scheme for the girl child that offers high interest rates and tax benefits to encourage long-term savings.
Who can open a Sukanya Samriddhi account?
A parent or legal guardian can open an SSY account for a girl child below the age of 10 years.
How long do I need to invest in SSY?
Contributions must be made for 15 years from the date of account opening, while the account matures after 21 years.
Is Sukanya Samriddhi Yojana tax-free?
Yes. Investments, interest earned, and maturity amount under SSY are exempt from tax under current income tax rules.
What is the minimum and maximum investment amount?
The minimum investment is ₹250 per year, and the maximum is ₹1.5 lakh per financial year.
Can I withdraw money before maturity?
Partial withdrawals are allowed after the girl child attains 18 years of age, subject to scheme rules and conditions.
Is the SSY Calculator accurate?
The calculator provides estimated projections based on assumed interest rates. Actual returns may vary as interest rates are revised periodically.