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)
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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