What is the current SSY interest rate?

Q3 FY 2025-26 rate = 8.2% p.a., compounded annually. This is the highest among all government small savings schemes (PPF is 7.1%, EPF is 8.25% but employer-tied). Rate is revised quarterly by the Ministry of Finance.

When does SSY mature?

The account matures 21 years from the date of opening, regardless of the girl's age. Deposits are made only for the first 15 years — after that, the balance keeps earning interest till maturity. Partial withdrawal (50% of previous year's balance) allowed once, after girl turns 18, for higher education.

What if we cannot deposit for a year?

Account becomes "inactive" but can be revived by paying ₹50/year penalty plus minimum ₹250 for each missed year. Do not miss deposits — the compounding effect is enormous over 21 years even for small deposits.

What is the current SSY interest rate?

Q3 FY 2025-26 rate = 8.2% p.a., compounded annually. This is the highest among all government small savings schemes (PPF is 7.1%, EPF is 8.25% but employer-tied). Rate is revised quarterly by the Ministry of Finance.

When does SSY mature?

The account matures 21 years from the date of opening, regardless of the girl's age. Deposits are made only for the first 15 years — after that, the balance keeps earning interest till maturity. Partial withdrawal (50% of previous year's balance) allowed once, after girl turns 18, for higher education.

What if we cannot deposit for a year?

Account becomes "inactive" but can be revived by paying ₹50/year penalty plus minimum ₹250 for each missed year. Do not miss deposits — the compounding effect is enormous over 21 years even for small deposits.

Sukanya Samriddhi Yojana Calculator

SSY maturity for a girl child — Government of India scheme, 21-year lock-in, current 8.2% p.a., triple tax-exempt (EEE).

Result

Maturity value (after 21 years)

₹4,788,079

Total deposited (15 years)₹1,500,000
Interest earned (tax-free)₹3,288,079
Growth multiple3.19×
Girl's age at maturityFull withdrawal allowed at age 21 or on marriage after 1826 years
Tax treatment80C on deposit + tax-free interest + tax-free maturityEEE (fully exempt)

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How to use this calculator

Enter yearly deposit amount (₹250 minimum, ₹1,50,000 maximum).
Enter the current SSY rate (check Ministry of Finance notification).
Enter the girl child's current age (must be 0-10).
Read maturity value at girl's age 21+.

About this tool

Sukanya Samriddhi Yojana (SSY) is the Government of India's flagship savings scheme for the girl child, launched in 2015 under the "Beti Bachao Beti Padhao" campaign. Account can only be opened for a girl aged 0-10 years, with maximum 2 accounts per family (3 if second birth is twin girls). Deposits continue for 15 years, and the account matures 21 years from opening (or on marriage after age 18). Interest rate is the HIGHEST among government small savings schemes — currently 8.2% p.a. — and the scheme has triple tax exemption (EEE): deposits qualify for Section 80C, interest is tax-free, maturity is tax-free.

Frequently asked

Only parents/legal guardians of a girl child aged 0-10 years. Maximum 2 SSY accounts per family (3 if the second child is twin girls or first birth is twins). Account can be opened at any post office or authorized bank branch.

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