Sukanya Samriddhi Yojana Calculator 2026
Calculate SSY maturity at age 21, year-by-year growth & compare with PPF and FD
SSY Account Details
Current rate (Jan–Mar 2026): 8.2%
Total Deposited
₹7.50 L
over 15 years
Interest Earned
₹11.40 L
100% tax-free
Maturity at Age 21
₹18.90 L
Partial Withdrawal at Age 18
Balance at 18: ₹14,91,996 → 50% withdrawal for education/marriage
₹7.46 L
💡 Tax Benefits (Section 80C)
Annual Deduction
₹50,000
Tax Saved/yr (30%)
₹15,000
15-yr Tax Savings
₹2,25,000
📈 Year-by-Year Growth
⚖️ SSY vs PPF vs FD
Maturity value at daughter's age 21 with ₹50,000/yr
SSY (8.2%)
₹18.90 L
PPF (7.1%)
₹16.66 L
FD (6.5%)
₹15.55 L
📋 Year-by-Year Breakdown
| Age | Deposit | Interest | Balance |
|---|---|---|---|
| 4 | ₹50,000 | ₹4,100 | ₹54,100 |
| 5 | ₹50,000 | ₹8,536 | ₹1,12,636 |
| 6 | ₹50,000 | ₹13,336 | ₹1,75,972 |
| 7 | ₹50,000 | ₹18,530 | ₹2,44,502 |
| 8 | ₹50,000 | ₹24,149 | ₹3,18,651 |
| 9 | ₹50,000 | ₹30,229 | ₹3,98,881 |
| 10 | ₹50,000 | ₹36,808 | ₹4,85,689 |
| 11 | ₹50,000 | ₹43,926 | ₹5,79,615 |
| 12 | ₹50,000 | ₹51,628 | ₹6,81,244 |
| 13 | ₹50,000 | ₹59,962 | ₹7,91,206 |
| 14 | ₹50,000 | ₹68,979 | ₹9,10,185 |
| 15 | ₹50,000 | ₹78,735 | ₹10,38,920 |
| 16 | ₹50,000 | ₹89,291 | ₹11,78,211 |
| 17 | ₹50,000 | ₹1,00,713 | ₹13,28,925 |
| 18 🎓 | ₹50,000 | ₹1,13,072 | ₹14,91,996 |
| 19 | — | ₹1,22,344 | ₹16,14,340 |
| 20 | — | ₹1,32,376 | ₹17,46,716 |
| 21 🎉 | — | ₹1,43,231 | ₹18,89,947 |
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📖 Learn More About Sukanya Samriddhi Yojana Calculator 2026
Sukanya Samriddhi Yojana — Complete Guide 2026
SSY is a government-backed savings scheme for a girl child. Currently offering 8.2% interest (Jan-Mar 2026), it's the highest-yielding small savings scheme with full EEE tax exemption.
Key SSY Rules
- Account opened between age 0-10. Deposits for 15 years. Matures at 21.
- 50% withdrawal allowed at 18 for education/marriage expenses.
- ₹250 minimum, ₹1.5L maximum per year. Missed year = ₹50 penalty.
- Section 80C deduction + tax-free interest + tax-free maturity (EEE).
SSY vs PPF vs FD
SSY at 8.2% beats PPF (7.1%) and FD (6.5%) by a wide margin. On ₹50,000/year for 15 years, SSY delivers ~₹43L vs PPF ~₹37L vs FD ~₹33L at maturity. For a girl child, SSY is the clear winner.
Frequently Asked Questions
Who is eligible for Sukanya Samriddhi Yojana?
Parents/guardians of a girl child aged 0-10 years can open an SSY account at post offices or authorised banks. A family can open max 2 accounts (for 2 daughters). Third account allowed for twins/triplets.
What is the minimum and maximum deposit in SSY?
Minimum ₹250 per year, maximum ₹1.5 lakh per year. Deposits can be made in any frequency (monthly, quarterly, lumpsum). Non-deposit year attracts ₹50 penalty + minimum deposit.
When can I withdraw from SSY?
50% of the balance can be withdrawn at age 18 (for higher education/marriage). Full withdrawal at age 21 (maturity). Premature closure allowed for marriage after 18 or medical emergency.
Is SSY better than PPF?
SSY currently offers 8.2% vs PPF at 7.1%, making SSY significantly better for a girl child. Both have EEE tax status (exempt on investment, interest, and withdrawal). SSY has a shorter lock-in (21 years vs PPF's rolling 15).
What is the tax benefit of SSY?
SSY qualifies for 80C deduction (up to ₹1.5L). Interest earned is tax-free. Maturity amount is completely tax-free. It's one of the few fully EEE instruments.