Sukanya Samriddhi Yojana (SSY) Calculator
Project the maturity corpus for your daughter’s SSY account – 15 years of deposits, maturity at 21 years, compounded annually at 8.2% (Q1 FY 2026-27). Tax-free under EEE.
| Year (Age) | Opening | Deposit | Interest | Closing |
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Sukanya Samriddhi (SSY) — FAQs
What is the current SSY interest rate?
8.2% per annum for the July-September 2026 quarter – the highest among small savings schemes. The rate is reviewed every quarter and interest is compounded annually.
How long do I deposit, and when does the account mature?
You deposit for 15 years from the date of opening. The account matures 21 years from opening, so during the last 6 years you make no deposits but the balance keeps earning interest.
What is the minimum and maximum deposit?
Minimum Rs 250 and maximum Rs 1,50,000 in a financial year, across all SSY accounts for the girl child.
Is SSY tax-free?
Yes, it has EEE status: deposits qualify for a Section 80C deduction (up to Rs 1.5 lakh), and both the interest and the maturity amount are fully tax-free. See our Income Tax Calculator for the 80C benefit.
Who can open it and when can money be withdrawn?
A parent or guardian can open it for a girl child below 10 years. Up to 50% can be withdrawn after she turns 18 (for higher education), and the full balance on maturity or on her marriage after 18.