Sukanya Samriddhi Yojana Calculator
Calculate SSY returns for your girl child's future education and marriage expenses. Plan deposits with tax benefits and explore withdrawal options.
SSY Calculator
SSY account can be opened from age 1-10
Min: ₹250, Max: ₹150,000
For reverse calculation
SSY Returns
Account Opening Age: 5 years
Maturity Age: 26 years
Total Deposits: ₹750,000
Interest Rate: 8.2% p.a.
Total Interest: ₹1,644,039.723
Maturity Amount: ₹2,394,039.723
Interest Multiplier: 2.19x
Goal Planning
Target Amount: ₹1,000,000
Required Annual Deposit: ₹20,869.873
Partial Withdrawal
Eligible at Age: 23 years
Status: Eligible
Withdrawal Amount: ₹944,973.379
50% of balance available for higher education at age 18+
Tax Benefits
Section 80C: Tax deduction up to ₹1.5 lakh
Interest: Tax-free annual interest
Maturity: Tax-free maturity amount
EEE Status: Exempt-Exempt-Exempt
Yearly Progress
| Year | Age | Deposit | Interest | Balance |
|---|---|---|---|---|
| 1 | 6 | ₹50,000 | ₹4,100 | ₹54,100 |
| 2 | 7 | ₹50,000 | ₹8,536 | ₹112,636 |
| 3 | 8 | ₹50,000 | ₹13,336 | ₹175,972 |
| 4 | 9 | ₹50,000 | ₹18,530 | ₹244,502 |
| 5 | 10 | ₹50,000 | ₹24,149 | ₹318,651 |
| 6 | 11 | ₹50,000 | ₹30,229 | ₹398,881 |
| 7 | 12 | ₹50,000 | ₹36,808 | ₹485,689 |
| 8 | 13 | ₹50,000 | ₹43,926 | ₹579,615 |
| 9 | 14 | ₹50,000 | ₹51,628 | ₹681,244 |
| 10 | 15 | ₹50,000 | ₹59,962 | ₹791,206 |
| 11 | 16 | ₹50,000 | ₹68,979 | ₹910,185 |
| 12 | 17 | ₹50,000 | ₹78,735 | ₹1,038,920 |
| 13 | 18 | ₹50,000 | ₹89,291 | ₹1,178,211 |
| 14 | 19 | ₹50,000 | ₹100,713 | ₹1,328,925 |
| 15 | 20 | ₹50,000 | ₹113,072 | ₹1,491,996 |
| 16 | 21 | ₹0 | ₹122,344 | ₹1,614,340 |
| 17 | 22 | ₹0 | ₹132,376 | ₹1,746,716 |
| 18 (Withdrawal) | 23 | ₹0 | ₹143,231 | ₹1,889,947 |
| 19 | 24 | ₹0 | ₹154,976 | ₹2,044,922 |
| 20 | 25 | ₹0 | ₹167,684 | ₹2,212,606 |
| 21 (Maturity) | 26 | ₹0 | ₹181,434 | ₹2,394,040 |
About Sukanya Samriddhi Yojana
Key Features
- • Eligibility: Girl child below 10 years
- • Deposit Period: 15 years from opening
- • Maturity Period: 21 years from opening
- • Interest Rate: 8.2% p.a. (current)
- • Compounding: Annual compounding
- • Multiple Accounts: Max 2 per family
Withdrawal Rules
- • Partial Withdrawal: 50% at age 18+ for education
- • Early Closure: At age 18+ for marriage
- • Full Maturity: At age 21 years
- • Extension: Can extend till marriage (max age 25)
- • No Interest: After maturity if not withdrawn
- • Premature Closure: In case of life-threatening diseases
Investment Strategy
Early Start Benefits
- • More compounding years
- • Higher maturity amount
- • Better financial planning
- • Tax benefits for longer period
Maximize Returns
- • Invest maximum ₹1.5 lakh annually
- • Use step-up approach
- • Combine with other 80C investments
- • Plan for daughter's education goals
Important Notes
- • Keep account active with minimum deposit
- • Submit required documents on time
- • Update address and contact details
- • Understand withdrawal conditions