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Sukanya Samriddhi Yojana Calculator - SSY Calculator 2025

Calculate your daughter's bright future with our comprehensive SSY calculator. Get detailed maturity amount, yearly investment breakdown, tax benefit calculations, and investment projections for the Sukanya Samriddhi Yojana under Beti Bachao, Beti Padhao initiative.

SSY Investment Details

0 Years 10 Years
SSY account can be opened for girls up to 10 years of age
₹250 ₹1.5L
Minimum ₹250, Maximum ₹1.5 lakh per year
7.0% 9.0%
Current SSY interest rate: 8.2% (Q1 FY 2025-26)
Minimum 15 years of investment required for maximum benefit
Increase investment amount annually to beat inflation

SSY Investment Results

Maturity Amount
₹15,22,221
After 21 years
Total Investment
₹7,50,000
Total Interest Earned
₹7,72,221
Tax Benefit (80C)
₹1,50,000
Effective Return Rate
8.6%

Year-wise Investment Breakdown

Year Annual Investment Interest Earned Total Balance

Key Advantages of Sukanya Samriddhi Yojana

High Interest Rate

Currently offering 8.2% annual interest rate, which is significantly higher than most government savings schemes, bank fixed deposits, and recurring deposits. This attractive rate ensures your investments grow substantially over time.

Triple Tax Benefit (EEE)

Investment qualifies for tax deduction under Section 80C (up to ₹1.5 lakh), interest earned is tax-free during the investment period, and the entire maturity amount is completely tax-exempt. This makes it one of the best tax-saving investments.

Government Backed Security

100% safe investment backed by Government of India with guaranteed returns and no market risk involved. Your money is completely secure and protected against economic fluctuations and market volatility.

Compounding Benefits

Annual compounding ensures your money grows exponentially over the 21-year period, maximizing wealth creation for your daughter's future needs like higher education, marriage, or career establishment.

Flexible Investment Options

Invest as low as ₹250 annually or up to ₹1.5 lakh per year, making it accessible for all income groups. You can adjust your investment amount based on your financial capacity each year.

Partial Withdrawal Facility

50% withdrawal allowed after girl turns 18 for higher education purposes, providing financial flexibility when needed most. This feature ensures funds are available for crucial educational expenses.

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SSY Investment Tips & Best Practices

  • Start investing early to maximize the power of compounding and achieve higher maturity amounts
  • Invest the maximum ₹1.5 lakh annually for best returns and maximum tax benefits under Section 80C
  • Continue deposits for full 15 years to avoid account becoming dormant and losing benefits
  • Use step-up strategy to increase investment annually to beat inflation and build larger corpus
  • Consider this as core investment for daughter's future and supplement with other child plans
  • Remember maturity at 21 years or upon marriage after 18, whichever is earlier

Understanding Sukanya Samriddhi Yojana (SSY) - Complete Guide

Sukanya Samriddhi Yojana is a government-backed savings scheme launched in 2015 under the 'Beti Bachao, Beti Padhao' initiative. The scheme is specifically designed to secure the financial future of girl children in India and currently offers an attractive interest rate of 8.2% per annum for Q1 FY 2025-26. This scheme encourages parents to invest in their daughters' future and promotes gender equality through financial empowerment.

Key Features and Benefits of SSY

Feature Details Benefit
Eligibility Girl child up to 10 years of age Early start for maximum growth potential
Investment Range ₹250 to ₹1.5 lakh annually Flexible for all income groups and financial situations
Interest Rate 8.2% compounded annually (Q1 FY 2025-26) Higher than most safe investments and bank deposits
Investment Period 15 years (mandatory deposits) Disciplined long-term saving habit formation
Maturity Period 21 years from account opening Perfect timing for higher education or marriage expenses

How SSY Interest Calculation Works

The interest for the SSY account is calculated on the lowest balance for the calendar month, between the fifth day of the month and the end of the month, and is credited once at the end of each financial year. This method ensures consistent returns while encouraging regular investments throughout the year.

A = P(1 + r/n)^(nt)
Where:
A = Maturity Amount | P = Principal Amount | r = Annual Interest Rate
n = Number of times interest compounds per year (1 for SSY) | t = Number of years

Tax Benefits Under SSY - Triple Tax Exemption

SSY investments are categorized as EEE (Exempt, Exempt, Exempt) investments, making them one of the most tax-efficient investment options available. The principal amount invested qualifies for tax deduction up to ₹1.5 lakh per annum under Section 80C of the Income Tax Act, 1961. Additionally, the interest earned during the investment period and the entire maturity amount are completely tax-free.

Investment Strategy for Maximum Returns

  • Start Early: Open the account as soon as possible after the girl child's birth to maximize the investment period and compounding benefits
  • Maximize Investment: Invest the maximum allowed ₹1.5 lakh annually for 15 years to build the largest possible corpus
  • Use Step-up Approach: Increase investment amount annually by 5-10% to beat inflation and enhance real returns
  • Continue for Full Term: Let the account mature for the complete 21-year period to fully benefit from compounding
  • Plan Withdrawal: Use the partial withdrawal facility wisely for education expenses after the child turns 18

Important Rules and Regulations

  • The minimum annual contribution to the Sukanya Samriddhi Account is ₹250 and the maximum contribution is ₹1.5 lakh in a financial year
  • A partial withdrawal of up to 50% of the account balance is permitted after the girl child attains the age of 18 years for higher education purposes
  • The account can be opened for up to two girl children or three in case of twin girls as the second birth
  • Account becomes dormant if minimum deposit is not made; can be revived with a penalty of ₹50 per year
  • Account can be transferred anywhere in India (bank to post office or vice versa) without any restrictions
  • Premature closure is allowed only in specific circumstances like life-threatening diseases or marriage after 18 years

SSY vs Other Investment Options

When compared to other investment options like PPF (7.1% interest), Fixed Deposits (6-7% interest), or traditional savings accounts (3-4% interest), SSY clearly stands out with its 8.2% interest rate and triple tax benefits. Unlike market-linked investments, SSY provides guaranteed returns without any risk, making it an ideal choice for conservative investors planning for their daughter's future.

Frequently Asked Questions about Sukanya Samriddhi Yojana Calculator

The current Sukanya Samriddhi Yojana interest rate is 8.2% per annum for Q1 FY 2025-26. This rate is reviewed quarterly by the government and is compounded annually, making it one of the highest interest rates among government savings schemes.

No, SSY account can only be opened for a girl child who is below 10 years of age at the time of account opening. The account must be opened before the girl child turns 10. This age limit ensures maximum benefit from the 21-year maturity period.

If you miss the minimum annual deposit of ₹250, your SSY account becomes dormant. You can revive it by paying a penalty of ₹50 per year for each defaulted year along with the minimum required deposit. The account must be revived within 15 years from opening.

Partial withdrawal of up to 50% of the account balance is allowed after the girl child turns 18 years or passes 10th standard for higher education expenses. Premature closure is allowed only for marriage after 18 years or in case of life-threatening diseases.

You can open maximum 2 SSY accounts per family for two girl children. In case of twins or triplets as the second birth, you can open 3 accounts. Each girl child can have only one SSY account in her name throughout India.

The minimum annual investment in Sukanya Samriddhi Yojana is ₹250 and the maximum is ₹1.5 lakh per financial year. You can invest any amount between this range. Deposits above ₹1.5 lakh will not earn interest and will be refunded.

SSY account matures after 21 years from the date of opening or when the girl child gets married after turning 18, whichever is earlier. The maturity amount depends on your total deposits and interest earned. Use our SSY calculator to estimate your exact maturity amount based on your investment pattern.

SSY offers triple tax benefits (EEE): Investment qualifies for tax deduction under Section 80C up to ₹1.5 lakh, interest earned during the tenure is tax-free, and the entire maturity amount is completely tax-exempt. This makes it one of the best tax-saving investments for parents.

Disclaimer: This Sukanya Samriddhi Yojana calculator provides estimates for informational purposes only and does not constitute financial advice. Actual returns may vary based on government policy changes, interest rate revisions, and your specific investment pattern. Please consult your financial advisor or visit authorized banks/post offices for precise calculations and current scheme rules.

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