Sukanya Samriddhi Yojana Calculator — SSY Maturity Value at 8.2%

How to use the Sukanya Samriddhi calculator

1. Enter your Yearly deposit, between ₹250 and ₹1,50,000.
2. Check the Interest rate. It starts at the government rate for 1 October to 31 December 2026, which is 8.2%. Change it to test a higher or lower rate.
3. Enter the Girl’s age when the account is opened (0 to 9).
4. Enter the Year the account is opened.
5. Read the maturity value, total deposited, total interest and the year it matures. The table shows the balance and her age for each year.

What it does and when to use it

The Sukanya Samriddhi account is a government small savings scheme for a girl child in India. It has an unusual shape: you deposit for 15 years, but the money stays in for 21 years. Those last six years of growth with no new deposits are easy to overlook, and they make a big difference to the final figure.

Use the calculator to:

• See what a given yearly deposit could grow to by maturity.
• Decide how much to put in each year to reach a goal such as college fees.
• Find the year the account matures and how old your daughter will be then.
• Compare SSY with other options, such as the PPF Calculator or the SIP Calculator.

How it works

The tool uses the scheme limits from the Sukanya Samriddhi Account Scheme, 2019: deposits of ₹250 to ₹1,50,000 a year for 15 years, and maturity 21 years from opening. For each year it works out:

• Interest = (opening balance + this year’s deposit) × rate ÷ 100
• Closing balance = opening balance + deposit + interest

The deposit is assumed to be made at the start of each financial year (by 5 April), so it earns a full year of interest. From year 16 to year 21 the deposit is zero and the balance just earns interest. Interest is added once a year. The calculation runs in your browser.

Worked examples

The maximum deposit. ₹1,50,000 a year for 15 years at 8.2%, for a girl aged 1 in 2026. You deposit ₹22,50,000 in total. The maturity value is ₹71,82,119.17, of which ₹49,32,119.17 is interest. The account matures in 2047, when she is 22.

A smaller monthly budget. ₹1,000 a month is ₹12,000 a year. For a girl aged 5 in 2026, at 8.2%, you deposit ₹1,80,000 over 15 years and the maturity value is ₹5,74,569.53.

In both cases, more than half the final balance is interest, and a large share of it builds up in the six years after deposits stop.

Limits and tips

• The rate is held constant for 21 years. In reality it changes quarterly, so treat the result as an estimate. Re-run it with a lower rate to be cautious.
• The tool assumes one deposit at the start of each year. Depositing later in the year earns less interest. To see how a single sum grows at the same rate, try the Compound Interest Calculator.
• The result is labelled tax-free. This page does not cover tax rules, so confirm the tax treatment for your situation with the Income Tax Department or a tax adviser.
• Rules on partial withdrawals and early closure are set out in the scheme. Read the scheme text at the National Savings Institute before you rely on them.
• To see what the maturity amount will buy in future, run it through the Inflation Calculator.