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Sukanya Samriddhi Yojana Calculator
Calculate the guaranteed maturity amount and tax-free interest earned on your Sukanya Samriddhi Yojana (SSY) deposits for your girl child.
What is Sukanya Samriddhi Yojana (SSY)?
Sukanya Samriddhi Yojana (SSY) is a government-backed small deposit scheme designed exclusively for the girl child. Launched as part of the Beti Bachao Beti Padhao initiative, SSY offers one of the highest tax-free returns among small savings schemes in India, currently standing at 8.2% p.a.
How Does the SSY Calculator Work?
The tenure for maturity for the amount is 21 years. It is important to note that individuals make a minimum of one contribution a year to keep the scheme active for 15 years.
The individual may choose not to make contributions in the SSY account between Year 16 and Year 21. However, the previous investments made into the account will continue earning at the prevailing interest rate (8.2% p.a.). The final amount is calculated based on your net contribution plus interest earned.
Formula Used by SSY Calculator
| A | Compound interest / Total maturity corpus |
| P | Principal amount deposited each year |
| r | Rate of interest (8.2%) |
| n | Number of times interest compounds per year |
| t | Number of years |
Key Benefits of Sukanya Samriddhi Account
Triple Tax Exemption (EEE)
Investments qualify for tax deduction under 80C up to ₹1.5 Lakh. Interest earned and maturity corpus are completely tax-free.
Sovereign Guarantee
Backed directly by the Government of India, offering maximum security and guaranteed capital safety.