STOCKCALC.IN

SSY Calculator: ₹130,000/year - Sukanya Samriddhi

Personalized Girl Child Savings Analysis

Reviewed by Mahavir Hirani, Financial Expert

The Sukanya Samriddhi Yojana (SSY) is a flagship government-backed small savings scheme launched under the 'Beti Bachao Beti Padhao' campaign. Aimed exclusively at securing the financial future of the girl child, it offers the highest risk-free interest rate among all postal schemes (currently 8.2%) and comes with full EEE (Exempt-Exempt-Exempt) tax benefits.

Use this calculator to accurately project the massive, tax-free maturity corpus you can build for your daughter's higher education and marriage.

YRS
₹
% p.a

Total Maturity Wealth

₹62,24,503

Projected value when your daughter turns 26.

Total Principal

₹19,50,000

Deposited over 15 years

Estimated Interest

₹42,74,503

Wealth gained

EEE Status

100% Tax-Free

Triple tax benefit on investment, interest and maturity.

Financial Growth Map

Milestones

15 Yrs

21 Yrs

Partial Withdrawal

50% available at age 18 for education.

Principal

31%

Returns

69%

Progression Ledger

Comprehensive audit of yearly growth and interest accrual.

TermAgeDepositInterestRunning Balance
Year 16 Yrs₹1,30,000+₹10,660₹1,40,660
Year 27 Yrs₹1,30,000+₹22,194₹2,92,854
Year 38 Yrs₹1,30,000+₹34,674₹4,57,528
Year 49 Yrs₹1,30,000+₹48,177₹6,35,705
Year 510 Yrs₹1,30,000+₹62,788₹8,28,493
Year 611 Yrs₹1,30,000+₹78,596₹10,37,090
Year 712 Yrs₹1,30,000+₹95,701₹12,62,791
Year 813 Yrs₹1,30,000+₹1,14,209₹15,07,000
Year 914 Yrs₹1,30,000+₹1,34,234₹17,71,234
Year 1015 Yrs₹1,30,000+₹1,55,901₹20,57,135
Year 1116 Yrs₹1,30,000+₹1,79,345₹23,66,480
Year 1217 Yrs₹1,30,000+₹2,04,711₹27,01,192
Year 1318 Yrs₹1,30,000+₹2,32,158₹30,63,349
Year 1419 Yrs₹1,30,000+₹2,61,855₹34,55,204
Year 1520 Yrs₹1,30,000+₹2,93,987₹38,79,191
Year 1621 Yrs₹0+₹3,18,094₹41,97,284
Year 1722 Yrs₹0+₹3,44,177₹45,41,462
Year 1823 Yrs₹0+₹3,72,400₹49,13,862
Year 1924 Yrs₹0+₹4,02,937₹53,16,798
Year 2025 Yrs₹0+₹4,35,977₹57,52,776
Year 2126 Yrs₹0+₹4,71,728₹62,24,503

SSY Savings Milestones

₹1,000 per Month SSY₹2,000 per Month SSY₹5,000 per Month SSY₹10,000 per Month SSY₹1.5 Lakh per Year₹250 Minimum Deposit

SSY Rules & 2026 Benefits

Partial Withdrawal RulesInterest Rate HistorySSY for 21 YearsAccount Transfer GuideTax-Free EEE StatusPremature Closure Rules

Related Savings & Fixed Income Tools

Fixed Deposit (FD)Recurring Deposit (RD)Public Provident Fund (PPF)EPF CalculatorSukanya Samriddhi (SSY)Post Office MIS (POMIS)Senior Citizen Savings (SCSS)National Savings CertificateKisan Vikas Patra (KVP)

The 21-Year Compounder

Did you know? SSY is the only government scheme that allows you to build a tax-free corpus of up to ₹70 Lakhs with just ₹1.5L annual deposits. The key is starting as early as possible (Age 0-1) to let the interest compound for the full 21-year tenure before she turns 21!

The Sukanya Samriddhi Yojana (SSY) is a flagship government-backed small savings scheme launched under the 'Beti Bachao Beti Padhao' campaign. Aimed exclusively at securing the financial future of the girl child, it offers the highest risk-free interest rate among all postal schemes (currently 8.2%) and comes with full EEE (Exempt-Exempt-Exempt) tax benefits.

Use this calculator to accurately project the massive, tax-free maturity corpus you can build for your daughter's higher education and marriage.

How Does SSY Work?

You invest a fixed or variable amount every year for only 15 years, but the account continues to earn compound interest for a total of 21 years until it fully matures.

A = P(1 + r/n)^nt

Where:

  • • Deposits are mandatory only for the first 15 years from account opening
  • • Interest is compounded annually and credited at the end of the financial year
  • • The account matures after 21 years from the date of opening
  • Eligibility: Only for a girl child below 10 years of age. Maximum of 2 girls per family (3 allowed only in case of twins/triplets).
  • Deposit Limits: Minimum ₹250, Maximum ₹1.5 Lakh per financial year.
  • Maturity: 21 years from account opening, or when the girl marries after turning 18.
  • Tax Benefits (EEE): Investments are deductible under 80C (up to ₹1.5L), the annual interest earned is tax-free, and the final maturity amount is 100% tax-free!

Example: Maximizing SSY with ₹1.5L Annually

Rahul opens an SSY account for his 1-year-old daughter. He plans to maximize the tax benefit by depositing ₹1.5 Lakh every year.

• Annual Deposit: ₹1,50,000
• Payment Term: 15 Years (Total Deposit: ₹22.50 Lakhs)
• Total Term: 21 Years (Interest continues for years 16-21 without deposits)
• Interest Rate: 8.2% p.a.

Result: When his daughter turns 22, the account matures. Rahul receives a massive ₹69.3 Lakhs, completely tax-free, easily covering her higher education or marriage costs.

Annual Deposit: ₹1,50,000
Total Deposited (15 yrs): ₹22,50,000
Interest Earned: ~₹46,80,000
Maturity Value: ~₹69,30,000
Tax Paid: ₹0 (Fully Exempt)

SSY vs PPF vs Children's Mutual Funds

Where should you invest for your daughter?

FeatureSSYPPFChildren's Equity Fund
Returns8.2% (Fixed, Govt backed)7.1% (Fixed, Govt backed)12-15% (Market Risk)
Tax BenefitEEE (100% Tax Free)EEE (100% Tax Free)LTCG Tax > ₹1.25L
Lock-inUntil 21 Years / Marriage15 Years5 Years / Age 18
Contribution Period15 Years onlyFull 15 YearsFlexible
PurposeStrictly Girl ChildGeneral / RetirementAny Goal

Frequently Asked Questions

⚠️ Disclaimer

The figures provided by this calculator are estimates based on the inputs you provide and standard financial formulas. STOCKCALC.IN does not offer investment advice. Please consult a qualified financial advisor before making any investment decisions.

MH

Verified Contributor

SSY Calculator: ₹130,000/year - Sukanya Samriddhi analyzed by Mahavir Hirani

I verified this calculation against the April 2026 Fiscal Cycle. If you have questions about the logic, reach out via the Author Page.

Recommended for You

🎓 Plan Complete Education Funding

SSY is excellent, but plan for additional education costs

Personalized suggestions based on your inputs

Share this tool

Help others make smarter financial decisions