Sukanya Samriddhi Yojana (SSY) Calculator
Forecast maturity corpus and sovereign interest on investments dedicated to girl child education and marriage.
Sukanya Samriddhi Yojana (SSY) Calculator
Calculate your daughter's 21-year maturity corpus with the Government of India's highest-yielding small savings scheme (8.2% p.a.). Simulate 15-year deposit schedules, sovereign annual compounding, and 50% partial education withdrawal rules.
SSY Deposit Parameters
Maturity Projection & Sovereign Wealth
21-Year Statutory SSY Amortisation Schedule
Track deposits across Years 1–15, non-deposit compounding across Years 16–21, and 50% partial withdrawal limits after age 18.
| Year | Calendar | Daughter's Age | Opening Balance (₹) | Annual Deposit (₹) | Interest Earned (₹) | Closing Balance (₹) | Partial Withdrawal Limit |
|---|
Sukanya Samriddhi Account (SSA) Complete Sovereign Guide
Sukanya Samriddhi Yojana is a Government of India backed small savings scheme launched as part of the "Beti Bachao, Beti Padhao" campaign. It provides Indian families with a dedicated, high-yielding vehicle to build a substantial financial corpus for their daughter's higher education and marriage.
1. The 15 vs 21 Year Tenure Architecture
Many first-time investors misunderstand the tenure of SSY. The account does not require 21 years of contributions:
- Contribution Horizon (Years 1 to 15): Deposits must be made every financial year for 15 consecutive years from account opening.
- Passive Compounding Horizon (Years 16 to 21): No further deposits are permitted. The entire accumulated principal + interest balance continues to compound at the prevailing sovereign rate for the remaining 6 years until the account reaches its 21-year maturity.
2. Unrivaled EEE Tax Status (Section 80C & 10(11A))
Sukanya Samriddhi Yojana belongs to the prestigious Exempt-Exempt-Exempt (EEE) tax category under Indian Income Tax laws:
- Exempt at Investment: Contributions up to ₹1,50,000 per financial year are eligible for deduction under Section 80C.
- Exempt at Accumulation: Annual interest accrued is completely exempt from income tax throughout the 21-year lifespan.
- Exempt at Maturity: The final lump-sum corpus paid to the daughter at maturity is 100% tax-free under Section 10(11A).
3. Partial Withdrawal Rules for Higher Education
To support legitimate educational expenses, partial withdrawals are permitted once the girl child reaches 18 years of age or passes the 10th standard:
- Maximum withdrawal is capped at 50% of the closing balance at the end of the preceding financial year.
- Withdrawal can be taken in a single lump sum or in up to five annual installments matching the fee schedule of university admissions.
4. Account Opening & Eligibility Rules
- Age Limit: The girl child must be between 0 and 10 years old at the time of account opening.
- Account Ceiling: Only one account can be opened per girl child, and a family may open accounts for a maximum of two daughters (exception applies to twin/triplet births certified by medical authority).
- Minimum & Maximum Limits: ₹250 minimum annual deposit; ₹1,50,000 maximum annual deposit per account.
Frequently Asked Questions (FAQs)
What is the current interest rate for Sukanya Samriddhi Yojana in 2026?
The Government of India notifies small savings interest rates on a quarterly basis. The current rate is 8.2% per annum, compounded annually. It remains significantly higher than traditional bank fixed deposits and PPF (7.1%).
How long do I need to deposit money into the account?
You only deposit money for the first 15 years from the date of account opening. For the next 6 years (Years 16 to 21), no further deposits are accepted, but your accumulated balance continues to compound at the government interest rate until full maturity at 21 years.
Can I open an SSY account for more than two daughters?
Under statutory guidelines, a natural or legal guardian can open accounts for a maximum of two girl children. An exception is granted if twin or triplet girls are born after the first girl child, supported by official medical certificates.
What happens if I miss the minimum annual deposit of ₹250?
The account will be treated as an 'account under default'. You can regularize it anytime before completion of 15 years by paying a nominal penalty of ₹50 per defaulted year plus the minimum deposit of ₹250 for each defaulted year.
Can the account be closed prematurely before 21 years?
Premature closure is allowed only under specific statutory conditions: (1) Upon marriage of the girl child after she turns 18 years of age, or (2) On compassionate grounds such as life-threatening medical emergencies or unfortunate demise of the account holder/guardian.