Savings
Sukanya Samriddhi Yojana Calculator
Project SSY maturity for your daughter — the highest-yielding small savings scheme in India.
Plan details
Min ₹250, Max ₹1.5 L per FY
Must be below 10 at opening
Q3 FY 2024-25: 8.2%
Maturity at age 21
₹71,82,119
Girl age at maturity: 23
- Total invested (15 years)
- ₹22,50,000
- Interest earned
- ₹49,32,119
Deposits allowed for 15 years, interest continues till year 21. EEE — fully tax-free.
Invested vs interest
- Invested
- Interest
Total: ₹71.82 L
Growth to maturity
Formula
How the math works
Deposits for 15 years compounded annually; account matures at year 21 (or on marriage after 18).
- Deposit
- Yearly ₹250 min · ₹1.5 L max
- Rate
- 8.2% (Q3 FY 2024-25)
- Deposit years
- 15
- Maturity
- Year 21
Method
How it works
- 1
Enter your yearly deposit amount for your daughter.
- 2
Add the girl’s current age.
- 3
Choose the current SSY rate (8.2%).
- 4
CalcPe compounds for 15 years of deposits and holds the balance to year 21.
Worked example
A quick walkthrough
Inputs
₹1,50,000/year for 15 years at 8.2%, account opened at age 2.
Steps
- Deposits year 1–15
- Compound annually
- No deposits year 16–21 but interest continues
- Total invested = ₹22.5 L
Result
Maturity ≈ ₹69 L when the girl is 23 (or 18+ on marriage).
Why use it
Why CalcPe’s Sukanya Samriddhi Yojana Calculator
- Highest interest rate among small savings (8.2%).
- EEE tax status — fully tax-free.
- 80C deduction up to ₹1.5 L in the old regime.
- Purpose-built for a girl child’s education and marriage.
FAQ
Frequently asked questions
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