Calculate SSY maturity amount for your daughter, year-wise interest, partial withdrawal at age 18 and total tax-free corpus. Current rate: 8.2% p.a. (Q1 FY2025-26).
👧 SSY Calculator
✅ 8.2% p.a.🔒 EEE
💡 Sukanya Samriddhi Yojana is a government scheme for the girl child. Account matures when the girl turns 21 years or on marriage after 18. Deposits are required for only 15 years from opening — interest accrues for remaining 6 years without deposits.
📌 Min deposit: ₹250/yr | Max: ₹1,50,000/yr | Deposit for 15 years only | Matures at age 21 | EEE (fully tax-free)
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Maturity Amount at Age 21 (Tax-Free)
🎓 Partial Withdrawal at Age 18
50% of balance at end of previous year (age 17) can be withdrawn for higher education or marriage.
📊 SSY Growth Breakdown
Total Deposited (15 yrs)Interest Earned (Tax-Free)
📅 SSY Account Timeline
Key milestones in your daughter's SSY journey. Run calculator first for personalised dates.
Run the calculator first.
📋 Year-wise SSY Statement
Years 1–15: Active deposit years. Years 16–21: Interest accrual without deposits (marked in grey).
Year / Girl Age
Deposit
Interest
Closing Balance
80C Eligible
Run the calculator first.
📐 How SSY Works
SSY Account Rules
Who can open: Parents/legal guardians of a girl child
Age limit: Girl must be BELOW 10 years at opening
(one-time relaxation of 1 year at launch)
Accounts: Maximum 2 accounts per family
(one per girl child, twins/triplets: exception)
Deposit period: 15 years from account opening
Maturity: 21 years from account opening
OR on marriage after age 18 (whichever earlier)
Min deposit: ₹250 per year
Max deposit: ₹1,50,000 per year (same as 80C limit)
Interest Calculation
Compounding: Annual (compounded yearly)
Interest Rate: 8.2% p.a. (Q1 FY2025-26)
Rate is set by Government quarterly
(has ranged from 7.6% to 9.2% since 2014)
Formula (annual compounding):
Year-end balance = (Opening + Deposit) × (1 + r)
Interest credited: End of each financial year (March 31)
Interest is calculated on minimum balance between
5th day and last day of each month (like PPF)
Effective: Deposit before 5th April for full year benefit
EEE Tax Benefits
E1 (Exempt on Investment):
Annual deposit up to ₹1.5L deductible under 80C
Only under Old Tax Regime
E2 (Exempt on Interest):
Interest earned every year is completely tax-free
Not added to annual taxable income
E3 (Exempt on Maturity):
Entire maturity amount withdrawn is tax-free
No capital gains, no TDS
This makes SSY one of the highest risk-free,
tax-free return instruments in India at 8.2% p.a.
Partial Withdrawal & Premature Closure
Partial Withdrawal (after daughter turns 18):
Up to 50% of previous year-end balance
Purpose: Higher education or marriage expenses
Can be taken as lump sum or in installments (5 yrs)
Completely tax-free
Premature Closure Allowed For:
Death of account holder (girl/guardian)
Medical emergencies (life-threatening illness)
After 5 years for compassionate grounds
(at PPF rate — currently 7.1%)
Account Closure On Marriage:
If girl marries before 21, account can be closed
1 month before or 3 months after marriage date
❓ Frequently Asked Questions
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AI-powered SSY vs ELSS comparison, education corpus planning and optimal contribution strategy for your daughter's future.