The SSY calculator shows what your Sukanya Samriddhi Yojana account will be worth when it matures 21 years after opening. At the current rate of 8.2%, SSY is one of the highest-paying government-backed savings schemes, and it is fully tax-free.
SSY maturity amount table
| Yearly deposit (15 years) | Total deposit | Maturity at 21 years | Tax-free interest |
|---|---|---|---|
| Rs. 12,000 (Rs. 1,000 a month) | Rs. 1.8 lakh | Rs. 5.75 lakh | Rs. 3.95 lakh |
| Rs. 50,000 | Rs. 7.5 lakh | Rs. 23.94 lakh | Rs. 16.44 lakh |
| Rs. 1,50,000 (maximum) | Rs. 22.5 lakh | Rs. 71.82 lakh | Rs. 49.32 lakh |
Sukanya Samriddhi rules
- Open for a girl child below 10 years; maximum two accounts per family (three in case of twins/triplets).
- Deposit Rs. 250 to Rs. 1.5 lakh a year, for 15 years from opening.
- The account matures 21 years from opening; from year 16 to 21 it keeps earning interest without deposits.
- 50% of the balance can be withdrawn after she turns 18 (or passes Class 10) for higher education.
- Premature closure is allowed on marriage after 18, or in compassionate cases.
- EEE tax status: 80C on deposits (old regime), tax-free interest and maturity.
SSY vs NPS Vatsalya
SSY is guaranteed and only for daughters; money is available at 18 to 21 for education or marriage. NPS Vatsalya is market-linked, for any child, and built for the very long term (it can run to 60 and beyond). For a daughter, many parents use SSY for education and Vatsalya as a pension head start.
Frequently asked questions
What is the SSY interest rate now?
8.2% a year for October to December 2026, compounded annually.
How much will I get if I invest Rs. 1,000 per month in SSY?
About Rs. 5.75 lakh after 21 years at 8.2%, from total deposits of Rs. 1.8 lakh.
Can I open SSY online?
Several banks allow online deposits; account opening generally needs a branch or post office visit with the girl’s birth certificate and guardian KYC.