SSY Calculator
Calculate maturity amount for Sukanya Samriddhi Yojana investments.
Results
Annual deposit
₹50.0K
Total deposited (15 yrs)
₹7.50 L
Interest earned
₹16.44 L
Maturity amount (at 21 years)
₹23.94 L
Track your SSY account in FlowTrack
Add your SSY account as an asset in FlowTrack and see how it contributes to your family's net worth. Goal tracking helps you plan your daughter's future.
Try FlowTrack free →This is an estimate for planning purposes only and does not constitute financial advice.
What is Sukanya Samriddhi Yojana (SSY)?
Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme launched under the Beti Bachao Beti Padhao initiative. Parents or guardians of a girl child under 10 years of age can open an SSY account at any post office or authorised bank. The scheme offers one of the highest interest rates among government savings instruments — currently 8.2% p.a., compounded annually.
Deposits are made for the first 15 years, and the account matures 21 years from the date of opening. The minimum annual deposit is ₹250 and the maximum is ₹1.5 lakh. SSY qualifies for Section 80C deduction (up to ₹1.5 lakh), and the interest and maturity amount are fully tax-free — making it an EEE (Exempt-Exempt-Exempt) scheme.
The scheme is ideal for long-term goals like a daughter's higher education or marriage. A deposit of ₹50,000 per year started when the girl is 5 years old will mature when she turns 26, providing a substantial tax-free corpus.