Calculate SSY maturity value, total interest, and year-by-year corpus growth at 8.2% p.a. — with SSY vs FD vs PPF comparison. Free.
ℹ Rate Notice: Last updated: July 2026. Interest rate: 8.2% p.a. (Q1 FY 2026-27). Interest compounded annually. Verify current rate at nsiindia.gov.in.
Girl Child Details
Annual Deposit
₹50,000
₹250₹1,50,000
Settings
% p.a.
Maturity Value at Age 21
₹0
0x
return multiple
Total Invested
₹0
Total Interest
₹0
Tax Saved (30% slab)
₹0
Scheme Score
100
/100
SSY Corpus Growth (Year 0 to 21)
SSY (deposit phase)
SSY (growth phase)
FD @ 6.5%
Year-by-Year Projection (Key Milestones)
Year
Annual Deposit
Interest Earned
Closing Balance
SSY vs FD vs PPF (Same Investment)
Best Return
SSY
₹0
@ 8.2% p.a. | EEE
PPF
₹0
@ 7.1% p.a. | EEE
Bank FD
₹0
@ 6.5% p.a. | Taxable
Comparison assumes same annual deposit for 15 years. FD and PPF maturity calculated at 21-year equivalent period. PPF matures at 15 years but allows 5-year extensions; shown here at 15 years for equivalence. SSY and PPF are EEE (tax-free). FD interest is taxable at your slab rate.
Formula Used
SSY Rules:
Account opened for girl child below 10 years
Deposit Period : 15 years from account opening
Maturity Period: 21 years from account opening
Min deposit: Rs.250/year | Max deposit: Rs.1,50,000/year
Year-by-Year Balance:
Years 1 to 15 (deposit phase):
Balance[y] = (Balance[y-1] + Annual_Deposit) x (1 + Rate/100)
Years 16 to 21 (growth-only phase):
Balance[y] = Balance[y-1] x (1 + Rate/100)
Maturity Value = Balance at end of Year 21
Total Invested = Annual Deposit x 15
Total Interest = Maturity Value - Total Invested
Return Multiple = Maturity Value / Total Invested
Partial Withdrawal:
Up to 50% of balance allowed when girl turns 18
(for higher education or marriage)
Tax Treatment (EEE):
Deposit: Exempt under Sec 80C (up to Rs.1.5L/year)
Interest: Exempt
Maturity: Exempt
ⓘ SSY interest rate is revised quarterly by the Government of India. Current rate: 8.2% p.a. (Q1 FY 2026-27). Actual maturity value depends on prevailing rates at time of investment. Last updated: July 2026. Verify at nsiindia.gov.in.
Frequently Asked Questions
What is the maturity value of Sukanya Samriddhi Yojana? +
The maturity value depends on how much you deposit each year and the prevailing interest rate. At the current rate of 8.2% p.a., depositing ₹50,000 per year for 15 years (starting when the girl is 5) yields approximately ₹23.6 lakh at maturity (when she turns 21). The maximum deposit of ₹1,50,000/year can grow to about ₹70.6 lakh. Interest is compounded annually. Use the calculator above to get the exact figure for your inputs.
What is the current SSY interest rate in 2025? +
The SSY interest rate for Q1 FY 2026-27 (April to June 2025) is 8.2% per annum, compounded annually. The Government of India revises this rate quarterly. As of July 2025, the rate is 8.2% p.a. Always verify the latest rate at nsiindia.gov.in before investing. The interest is fully exempt from income tax under the EEE category.
Can I deposit monthly in Sukanya Samriddhi Yojana? +
Yes. You can deposit in SSY monthly or in any frequency as long as the total per financial year is between ₹250 (minimum) and ₹1,50,000 (maximum). If you deposit monthly, each month's contribution is any amount — there is no per-month minimum. Interest is calculated on the lowest balance between the 10th and last day of each month and credited at the end of the financial year. Use the Monthly toggle in the calculator above to model monthly contributions.
When can I withdraw from SSY account? +
The SSY account matures 21 years from the date of opening, at which point the full corpus can be withdrawn. A partial withdrawal of up to 50% of the balance (as at the end of the preceding financial year) is allowed after the girl child turns 18 — for higher education or marriage. Premature closure is allowed only in exceptional circumstances: death of the account holder, life-threatening illness of the holder or guardian, or marriage after the age of 18.
What are the tax benefits of Sukanya Samriddhi Yojana? +
SSY follows the EEE (Exempt-Exempt-Exempt) model — the best tax status available for any savings scheme in India. Deposits up to ₹1,50,000 per year are eligible for deduction under Section 80C. The interest earned every year is completely tax-free. The entire maturity amount (principal + accumulated interest) is also exempt from tax. At the 30% tax slab, investing the full ₹1,50,000 per year saves ₹46,800 in tax (including cess) each year.