Sukanya Samriddhi Yojana (SSY) Calculator – Calculate 8.2% Tax-Free Maturity Corpus
Calculate Sukanya Samriddhi Yojana maturity value, 8.2% sovereign tax-free interest, 15-year deposit schedule, and 21-year complete compounding progression table.
Max entry age is 10 years
Account matures after exactly 21 years
Highest among all small savings schemes
Earns 8.2% in last 6 yrs without deposits
Full 21-Year SSY Compounding & Balance Schedule
Annual progression of 15 years of deposit contributions and 21 years of 8.2% sovereign compounded growth.
| Year / Date | Girl's Age | Deposit Paid | Total Invested | Interest (8.2%) | Closing Balance |
|---|
How to Use this Calculator & Formula Breakdown
Step 1: Input Financial Parameters
Enter your yearly investment amount (₹250 to ₹1.5 Lakhs).
Step 2: Instant Client-Side Computation
Set girl child age (0 to 10 years) and account opening start year.
Step 3: Analyze Visual Breakdown & Amortization
Explore live interactive Chart.js donut chart, tax-free returns, and full 21-year lifecycle schedule table.
Mathematical Algorithm & Formula
Frequently Asked Questions (FAQs)
What is the current interest rate on Sukanya Samriddhi Yojana (SSY)?
The Ministry of Finance has fixed the interest rate on Sukanya Samriddhi Account at 8.2% per annum, compounded annually. It is one of the highest interest rates among all government-backed small savings schemes.
How many years do I need to deposit money in an SSY account?
Deposits in an SSY account are required for a period of 15 years from the date of account opening. The account continues to earn 8.2% compound interest for the remaining 6 years without any additional deposits.
When does a Sukanya Samriddhi Account mature?
An SSY account matures exactly 21 years from the date of opening, or at the time of the girl child’s marriage after attaining the age of 18 years, whichever is earlier.
Is SSY interest and maturity amount 100% tax-free?
Yes! Sukanya Samriddhi Yojana enjoys complete Exempt-Exempt-Exempt (EEE) tax status. Annual investments up to ₹1.5 Lakhs qualify for tax deduction under Section 80C, and the entire maturity amount along with accrued interest is 100% tax-free.
What is the minimum and maximum deposit limit per financial year in SSY?
The minimum annual deposit is ₹250, and the maximum deposit is ₹1,50,000 per financial year in multiples of ₹50.
Can you make partial withdrawals from an SSY account before maturity?
Yes, a partial withdrawal of up to 50% of the balance at the end of the preceding financial year is permitted for the girl child’s higher education once she turns 18 or passes Class 10.
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