Estimate the maturity value of a Sukanya Samriddhi account at the current 8.2% p.a. rate — deposits for 15 years, maturity 21 years after account opening.
You can deposit into an SSY account for the first 15 years from account opening. After that, no further deposits are needed or allowed, but the balance keeps earning interest until the account matures — 21 years from opening, or when your daughter marries after age 18, whichever is earlier. This calculator assumes annual deposits at the start of each year for years 1–15, then interest-only compounding through year 21.
The current SSY rate is 8.2% p.a., compounded annually (unchanged for 8 consecutive quarters). Rates are reviewed quarterly — adjust the rate field to test other scenarios.
₹1,50,000 per financial year, with a minimum of ₹250 to keep the account active.
No. SSY is an EEE (Exempt-Exempt-Exempt) scheme — deposits qualify for Section 80C deduction, and both interest and maturity proceeds are tax-free.
A parent or legal guardian can open an account for a girl child from birth until she turns 10, with a maximum of two accounts per family (exceptions for twins/triplets).