Sukanya Samriddhi Yojana Calculator — SSY Maturity & Returns 2026 | Faydemand

SSY Key Features — Sukanya Samriddhi Yojana
Rate        : 8.2% pa compounded annually (Q1 FY2026)
Tax Status  : EEE — invest (80C), earn, withdraw — sab tax-free
Deposit     : ₹250 min / ₹1,50,000 max per financial year
Deposit     : 15 financial years from account opening
Maturity    : 21 years from account opening
Eligibility : Girl child — birth to 10 years only
Accounts    : Max 2 per family (twins/triplets exception for 3rd)
Partial WD  : 50% of balance at age 18 — education/marriage only

How SSY Calculator Works

1

Enter Daughter's Current Age — 0 for newborn, up to 10 years maximum. This determines the complete timeline — total years of compounding and exact maturity date.

2

Enter Annual Investment Amount — ₹250 minimum to ₹1,50,000 maximum. Fixed annual amount is used for projection; actual deposits can vary year to year within this range.

3

Enter SSY Interest Rate — current rate 8.2% pa as of 2026. Government reviews quarterly. Rate used as a constant for projection — update if government changes rate before opening.

4

Deposit Period Is Calculated — deposits made for 15 financial years from account opening, regardless of daughter's age. After 15 years, no more contributions — account continues earning interest until maturity.

5

Annual Compounding Is Applied — deposit phase: (Opening Balance + Annual Deposit) × (1 + r). Growth phase (years 16–21): Opening Balance × (1 + r). Interest credited annually on March 31.

6

Partial Withdrawal at Age 18 — 50% of previous year-end balance available for higher education or marriage expenses when daughter turns 18. Calculator shows this amount clearly.

7

Maturity Amount Displayed — at 21 years from account opening, full corpus (principal + all accumulated interest) available for withdrawal. Completely tax-free under EEE status.

8

80C Tax Savings Computed — annual deposits up to ₹1,50,000 are 80C eligible. Total tax saved across all 15 deposit years shown. Since SSY is EEE, interest is also tax-free — no maturity-year tax calculation needed.

SSY Formula & Calculation

Deposit Phase Formula — Years 1 to 15
Balance_year_k = (Balance_year_(k-1) + D) × (1 + r)

Growth Phase Formula — Years 16 to 21 (No Deposits)
Balance_year_k = Balance_year_(k-1) × (1 + r)

Variable	Meaning	Example
D	Annual deposit amount	₹1,50,000
r	Annual SSY rate (decimal)	8.2% = 0.082
k	Year number from account opening	1 to 21

Year-wise Example — ₹1,50,000/year at 8.2% (Account opened at birth)
Year  Opening       Deposit      Interest     Closing
   ₹0            ₹1,50,000    ₹12,300      ₹1,62,300
   ₹7,55,477     ₹1,50,000    ₹74,350      ₹9,79,827
  ₹18,97,465    ₹1,50,000    ₹1,67,392    ₹21,14,857
  ₹33,24,891    ₹1,50,000    ₹2,85,441    ₹37,10,332   ← Last deposit
  ₹37,10,332    —            ₹3,04,247    ₹40,14,579   ← Growth Phase
  ₹44,15,888    —            ₹3,62,103    ₹47,77,991   ← 50% = ₹22,07,944 partial WD
  ₹54,42,891    —            ₹4,46,317    ₹58,89,208   ← Maturity (Tax-Free)

SSY — 3 Real Worked Examples

Example 1 Arjun & Priya — Newborn Aanya — Maximum Deposit ₹1,50,000/year

Inputs: Annual Investment ₹1,50,000 | Age 0 (newborn) | Rate 8.2% | Tax Slab 30% | Matures at Aanya age 21

Daughter's Age	Balance
5 years	₹9,79,827
10 years	₹21,14,857
15 years	₹37,10,332
18 years	₹47,77,991
21 years (Maturity)	₹58,89,208

Partial Withdrawal at 18: 50% × ₹44,15,888 = ₹22,07,944 — available for engineering/medical college admission fees

80C Tax Saved (30% bracket): ₹46,800/yr × 15 years = ₹7,02,000

Complete Picture: ₹22,50,000 invested − ₹7,02,000 tax saved = ₹15,48,000 net effective cost. Maturity corpus: ₹58,89,208 tax-free. Return on effective cost: 280%.

Example 2 Deepa — Riya Age 2 — ₹60,000/year Middle-Ground Investor

Inputs: Annual Investment ₹60,000 | Age 2 | Rate 8.2% | Tax Slab 20% | Matures when Riya is 23 (21 years from account opening)

Riya's Age	Balance
7 years	₹3,91,931
12 years	₹8,45,943
18 years (Partial WD)	50% × ₹14,84,133 = ₹7,42,067
23 years (Maturity)	₹23,55,683

Total Deposited: ₹9,00,000 | Tax-Free Interest: ₹14,55,683

80C Saved (20% bracket): ₹1,87,200 over 15 years. Net effective cost: ₹7,12,800. Maturity: ₹23,55,683 — 230% gain. ₹5,000/month = Riya's secured future.

Example 3 Rajesh — Kavya Age 9 — Last Chance SSY (Better Late Than Never)

Inputs: Annual Investment ₹1,50,000 | Age 9 (last chance — must open before 10) | Rate 8.2% | Tax Slab 20% | Matures when Kavya is 30

Kavya's Age	Balance
14 years	₹9,79,827
18 years (Partial WD)	50% of year 8 balance ≈ ₹7,79,500
24 years	₹37,10,332
30 years (Maturity)	₹58,89,208

Key Insight: Same maturity corpus as newborn (₹58.89L) — 21-year compounding period is identical. Difference: Kavya receives at age 30, Aanya at age 21. Earlier opening = money available earlier for daughter, not more money. 80C Saved (20%): ₹4,68,000.

How to Use SSY Calculator — Step-by-Step

1

Open the SSY Calculator — go to faydemand.in → Calculators → Sukanya Samriddhi Calculator. No login required. Instant load on mobile and desktop.

2

Enter Daughter's Current Age — enter 0 for newborn, up to 10 maximum. SSY cannot be opened after daughter turns 10. This sets the complete timeline and years of compounding.

3

Enter Annual Investment Amount — ₹250 minimum to ₹1,50,000 maximum. ₹12,500/month = ₹1,50,000/year gives maximum corpus and full 80C utilization in one instrument.

4

Enter SSY Interest Rate — current 8.2% as of 2026. Government reviews quarterly. Check India Post website or Faydemand's SSY Rate page for latest rate before opening account.

5

Enter Your Tax Slab — 10%, 20%, or 30% for accurate 80C tax saving calculation. SSY is EEE — no tax on interest or maturity. 80C deduction applies only to annual deposits (up to ₹1,50,000/year).

6

Read Your Results — seven key outputs: deposit period end year, maturity year and daughter's age, total amount deposited, total interest earned (tax-free), maturity amount (tax-free), partial withdrawal at 18, and 80C tax saved.

7

Compare Scenarios — open now vs delay 2 years, ₹60K/yr vs ₹1.2L/yr vs ₹1.5L/yr, SSY at 8.2% vs PPF at 7.1%. Run multiple scenarios to find your optimal plan for beti's future.

8

Plan Partial Withdrawal Usage — calculator shows 50% withdrawal amount at daughter's age 18. Plan ahead: engineering/medical fees, study abroad costs, or marriage preparation fund — know exactly what's available when daughter needs it most.

7 Pro Tips for SSY Investors

Beti Ke Paida Hote Hi SSY Kholo

Newborn ke liye 21 saal compounding, 5-year-old ke liye 16 saal. ₹1,50,000/year par difference: newborn ≈ ₹58.9L vs 5-year-old ≈ ₹42L — ₹16.9L ka fark sirf 5 saal late kholne se. Birth certificate milte hi account open karo.

April 1–5 Mein Annual Deposit Karo

SSY bhi PPF ki tarah interest calculate karta hai monthly minimum balance par. April 5 se pehle deposit karo — poore saal ka interest milega. ₹1,50,000 par ek mahine ka interest ≈ ₹1,025 — 15 saal mein ₹15,000+ extra sirf timing se.

SSY Aur PPF Dono Saath Chalao

SSY beti ke naam, PPF parent ke naam. Dono EEE — par same ₹1,50,000 80C limit share karte hain. Strategy: SSY mein ₹1,50,000 prioritize karo (8.2% > PPF 7.1%). Parents ka PPF separate investment ke roop mein chalao.

18 Pe Partial Withdrawal Pehle Se Plan Karo

18 saal par 50% balance — typically ₹15–₹30L available (investment level pe). Engineering/medical admission fees perfect timing. Pehle se plan karo: konsa college, kitne fees, SSY se kitna aur SIP se kitna — gap na rahe.

SSY Account Transfer Possible Hai

SSY ek Post Office ya bank se doosre mein transfer ho sakta hai — agar family relocate kare. Transfer form submit karo — 2–4 weeks mein complete. Account continuity intact rehti hai. Relocation pe band mat karo — transfer karwao.

Default Hone Se Bacho — Auto-Debit Set Karo

₹250 minimum miss karne pe account default — reactivation: ₹50/year penalty + ₹250 minimum deposit. Default period mein interest band nahi hoti — par avoid karo. Auto-debit ₹250/month minimum permanently set karo.

Dono Betiyaan — Dono SSY — Double Planning

Do betiyaan hain — dono ke naam accounts kholna mandatory consider karo. Account 1 mein ₹1,50,000 (80C maximize) + Account 2 mein additional amount (still 8.2% tax-free interest). Dono ka future secure, double EEE benefit.

5 Key Benefits of Sukanya Samriddhi Yojana

Highest Tax-Free Return Among Government Instruments — SSY currently 8.2%, PPF 7.1%, FD taxable 7.5% (effectively 5.2% at 30% bracket). EEE status ke saath — invest, earn, withdraw sab tax-free. No guaranteed government instrument offers this combination for a girl child.
21-Year Long-Term Compounding Power — ₹1,50,000/year × 15 years investment + 6 years interest-only growth = ₹58.9 lakh. Early deposits decade tak compound karte hain before maturity. This long runway compounding cannot be replicated by any short-term instrument.
Dedicated Daughter Fund — Psychological Power — SSY specifically beti ke liye hai. Separate account, separate purpose creates powerful discipline. "Yeh Riya ka paisa hai" — parents isse general savings mein merge nahi karte. Dedicated purpose + government backing + EEE = ideal for committed parents.
Partial Withdrawal at 18 — Education Perfectly Timed — 50% corpus available exactly jab college admission hoti hai. ₹7–₹22 lakh range depending on investment level. Engineering/medical/MBA admission fees ke saath perfectly aligned planned financial support when daughter needs it most.
Government Sovereign Guarantee — Zero Risk — India Post aur authorized banks through complete sovereign guarantee. Zero default risk, zero credit risk, zero market risk. 21-saal ki long investment horizon mein koi institution risk nahi — government guarantee matters enormously for a girl child's dedicated corpus.

5 Common SSY Mistakes to Avoid

SSY Account 10 Saal Ke Baad Khol Na Paana

SSY account sirf tab tak open ho sakta hai jab beti 10 saal se kam ho — yeh hard deadline hai. Kai parents "baad mein kholunga" sochte hain aur miss kar dete hain. Beti ke 9th birthday ke aaspaas confirm karo ki account already open hai. 10th birthday ke baad — forever missed, no exceptions.
SSY Ko Maturity Ke Baad Chhod Dena

SSY 21 saal mein mature hota hai — post-maturity interest nahi milti. Kai families maturity ke baad account forget kar dete hain. Maturity par immediately claim karo aur corpus reinvest karo wisely. Calendar reminder set karo maturity date se 3 months pehle.
Beti Ki Padhai Ke Liye SSY Pe Poori Reliance

SSY excellent hai — par single instrument risky hai. ₹58.9 lakh 2040–2045 mein inflation-adjusted ₹30–35 lakh ke barabar hoga. Engineering fees 2040 mein ₹30–50 lakh ho sakti hain. SSY guaranteed floor + equity SIP additional growth — dono saath chalao for real inflation-beating corpus.
80C Mein SSY Declare Na Karna

SSY deposit har saal 80C mein ITR mein declare karna hota hai — automatic nahi hota. ₹1,50,000 × 31.2% = ₹46,800/year wasted agar declare na karo. CA ko every year specifically SSY deposit amount 80C schedule mein include karne bolo — yeh benefit automatic nahi milta.
Partial Withdrawal Rules Galat Samajhna

Common misconception: "18 pe 50% kisi bhi reason ke liye nikal sakte hain." Wrong. Partial withdrawal sirf 2 specific reasons: higher education ya marriage. Proof required — admission letter, fee receipt, ya marriage invitation. Random expense ke liye withdrawal allowed nahi hai.

5 SSY Use Cases — Real Families, Real Planning

Hospital Se Ghar Aate Hi SSY Khola: Vikram aur Nisha ke ghar beti hui — Ananya. Hospital se discharge hone ke doosre din SSY account khola ₹1,000 se. Agla hafte ₹12,500/month auto-debit set kiya. Faydemand Calculator: Ananya ke 21 saal par maturity ≈ ₹58.9 lakh. Tax saved 15 years mein (20% bracket): ₹4,68,000. Net cost: ₹17.82 lakh. Ek fast decision ne Ananya ka complete financial future day 2 of her life mein secure kar diya.
Middle Class Family Ka Affordable SSY: Suresh school teacher hai — ₹25,000/month salary. ₹3,000/month (₹36,000/year) afford karta hai. Beti Priya 3 saal ki. Maturity ≈ ₹23.5 lakh completely tax-free — sirf ₹3,000/month se. Middle class ke liye SSY most impactful investment hai — small monthly commitment, large guaranteed corpus for beti's future.
Two Daughters — Strategic SSY Allocation: Ravi ke do betiyaan — Sara (5 years) aur Tara (2 years). ₹3,00,000/year invest kar sakta hai. Sara SSY ₹1,50,000 (full 80C) + Tara SSY ₹1,50,000. Sara maturity ≈ ₹42 lakh, Tara maturity ≈ ₹56 lakh. Combined ≈ ₹98 lakh for both daughters — completely tax-free. Systematic planning ka result for two girl children's secured futures.
Last Chance SSY — Beti 9.5 Saal Ki: Meera ne SSY tab suna jab beti Kavya 9.5 saal ki thi. "Ab kya fayda?" — rukne wali thi. Faydemand Calculator dikha: ₹1,50,000/year — maturity ₹58.9 lakh (same corpus — 21 year compounding period identical). Turant account khola. Partial withdrawal 18 par ₹7+ lakh for college. Full maturity at 30: ₹58.89 lakh. Better late than never proved absolutely correct.
NRI Parents Ka SSY For India-Based Daughter: Amit NRI hai — par beti India mein dadaji ke paas rehti hai (Indian resident). Resident minor girl child ke naam SSY possible hai — guardian (dadaji) account operate kar sakte hain. Amit dollar se paisa bhejta hai, dadaji SSY mein annual deposit karte hain. ₹1,50,000/year at 8.2% — 5-year-old beti ke liye maturity ≈ ₹42 lakh completely tax-free.

Frequently Asked Questions

Sukanya Samriddhi Yojana kya hai aur kaun open kar sakta hai?expand_more

SSY ek government savings scheme hai specifically beti ke future ke liye. Parent ya legal guardian 10 saal se kam umar ki beti ke naam pe account khol sakte hain. Ek family mein maximum 2 accounts (2 betiyaan) — twin/triplet exception ke saath 3 possible. NRI yeh account nahi khol sakte. Rate: 8.2% pa compounded annually, EEE tax status — deposit, interest, aur maturity teeno tax-free.

SSY mein paisa kab tak daalna padta hai aur kab milta hai?expand_more

Deposit period: 15 saal (account opening se). Matlab agar beti 1 saal ki hai to 16 saal tak deposit karo. 16-21 saal ke beech koi deposit nahi — interest accrual continue hoti hai. Maturity: beti ki age 21 pe poora amount milta hai. 18 pe marriage hone par bhi full closure possible hai. 18-21 ke beech partial 50% withdrawal allowed hai higher education ke liye.

SSY ka 8.2% rate PPF se better kyun hai?expand_more

PPF rate currently 7.1% pa vs SSY 8.2% pa — SSY mein 1.1% zyada return milta hai. Dono EEE tax status enjoy karte hain — teeno stages tax-free. ₹1.5L annual deposit pe: SSY mein 15 saal deposits ke baad ₹69L+ maturity, PPF mein same amount pe sirf ₹40-45L around. For girl child planning, SSY clearly wins. Only downside: SSY sirf beti ke liye, PPF sabke liye.

SSY se 18 saal mein paisa nikaal sakte hain kya — education ke liye?expand_more

Haan. Beti ke 18 saal hone ke baad (ya 10th pass karne ke baad) partial withdrawal allowed hai — maximum 50% of balance at end of previous financial year. Yeh sirf higher education ke liye — college admission fee, hostel fees etc. Documents: admission proof. Marriage ke liye 18 ke baad full premature closure possible hai — 1 month pehle ya 3 months baad application karo.

SSY account kahan khol sakte hain — Post Office ya bank?expand_more

SSY account Post Office ya authorized banks mein khol sakte hain — SBI, PNB, Bank of Baroda, Canara Bank, HDFC, ICICI, Kotak, Axis etc. Documents: birth certificate of girl, parent/guardian ID proof, address proof, passport photo. Minimum ₹250 opening deposit. Account beti ke naam pe hota hai — parent operate karte hain jab tak beti 18 saal ki na ho. Online facility limited — most operations post office/bank mein physically hoti hain.

SSY mein minimum kitna daalna zaroori hai — penalty kya hogi?expand_more

Minimum ₹250/year deposit zaroori hai. Agar kisi saal nahi dala — account "default" ho jaata hai. Default account reactivate karne ke liye ₹50/year penalty per year deni hoti hai plus minimum ₹250. Good news: default pe interest accrual band nahi hoti. Maximum ₹1.5 lakh per year — isse zyada deposit nahi ho sakta (excess wapas hota hai without interest).

SSY vs Mutual Fund SIP — beti ke liye kaunsa better hai?expand_more

SSY: 8.2% guaranteed, EEE tax-free, government-backed, no market risk. Mutual Fund SIP: 12-15% expected (not guaranteed), LTCG taxable, market risk. ₹1.5L/year 15 saal ke liye: SSY maturity ~₹69L guaranteed. Same MF SIP @ 12%: ~₹75-80L possible but not guaranteed. Ideal strategy: SSY as base (guaranteed, tax-free) + SIP as top-up (growth potential). Total corpus much better than either alone.

SSY account transfer karna ho — city change ke waqt kya karna hai?expand_more

SSY account transfer karwaya ja sakta hai — ek post office/bank se doosre mein. Application do current branch mein, transfer form fill karo, account dusre city mein transfer ho jaata hai. Online IPPB ke through bhi possible hai kuch cases mein. Transfer free of cost hai. PRAN (Permanent Retirement Account Number) jaisa koi unique ID nahi — physical passbook transfer hoti hai.

Ek se zyada SSY accounts khol sakte hain kya ek beti ke liye?expand_more

Nahi. Ek beti ke liye sirf ek SSY account allowed hai. Dono parents milake bhi ek hi account khol sakte hain. Agar galti se 2 accounts khul gaye — doosra automatically "irregular account" ban jaata hai, sirf savings account jitna interest milega. Ek family mein max 2 accounts = 2 betiyaan. Exception: twins/triplets ke case mein 3rd account possible hai affidavit ke saath.

SSY mature hone ke baad — beti ko poora paisa milega ya kuch kuch?expand_more

Maturity pe (beti ki age 21) poora amount — principal + compound interest — ek saath milta hai. Tax-free. Beti ko direct payment hoti hai — parent ko nahi (agar beti major hai). Early closure options: (1) Beti ki death — parents ko milega. (2) Beti ki marriage post-18 — pre-maturity closure allowed. (3) Extreme hardship — life-threatening disease etc. — case by case basis. Normal maturity pe lump sum ek baar milta hai — EMI ya monthly nahi.

Beti Ka Future Aaj Secure Karo

8.2% tax-free, EEE status, 21-year compounding, government sovereign guarantee — SSY beti ke liye India ka most powerful savings instrument hai. Faydemand ka SSY Calculator use karo — beti ki age aur annual investment daalo, instantly dekho maturity amount, partial withdrawal at 18, aur total 80C tax savings. Free hai, instant hai, zero login.

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SSY Calculator — Sukanya Samriddhi Yojana