How many years do I need to deposit in an SSY account?

Deposits are required for 15 years from the date of account opening. The account continues to earn interest until complete maturity at 21 years without requiring further deposits from years 16 to 21.

What are the minimum and maximum investment limits for SSY?

The minimum deposit is u20b9250 per financial year, and the maximum limit is u20b91,50,000 per financial year (which qualifies for tax deduction under Section 80C).

Is Sukanya Samriddhi Yojana completely tax-free?

Yes! SSY enjoys complete Exempt-Exempt-Exempt (EEE) status: the investment qualifies for 80C deductions, annual interest earned is tax-exempt, and the final maturity amount is 100% tax-free.

Financial & Parenting Govt Scheme

Sukanya Samriddhi Yojana (SSY) Calculator — Returns & Maturity Schedule

Q: What is the current interest rate for Sukanya Samriddhi Yojana (SSY)?

The Government of India offers an attractive 8.2% per annum interest rate (compounded annually) for SSY accounts, which is one of the highest among all small savings schemes.

Q: Can funds be withdrawn before 21 years?

Yes, once the girl child turns 18 years old, partial withdrawal of up to 50% of the account balance is permitted for higher education fees or marriage purposes.

Calculate exact maturity amount, interest earned, and 21-year growth schedule for your daughter's SSY account.

Official 8.2% Interest Math 21-Year Growth Breakdown Partial Withdrawal Rules PDF Report Export Verified Girl Name Profiles 100% Free

Sukanya Samriddhi Yojana (SSY) Calculator

Calculate your daughter's 21-year maturity amount, total compound interest, yearly deposit schedule, and tax-free wealth returns under the official Government scheme.

Yearly Investment Amount ₹ 1,00,000

Min: ₹250 / year | Max: ₹1,50,000 / year (Section 80C)

Girl's Name (Optional)

Girl's Current Age

Start Year

Interest Rate (% p.a.)

Estimated Tax-Free Maturity Value

₹ 0

Account Matures in Year 2047 Total Scheme Term: 21 Years

Total Deposited (15 Yrs) ₹ 0

Total Interest Earned ₹ 0

Wealth Multiplier 0x

Key Scheme Milestones & Rules

Deposit Period 15 Years (until 2041)

50% Partial Withdrawal At Age 18 (in 2043)

Income Tax Benefit 100% Tax-Free (EEE Status)

Girl's Age at Maturity 22 Years Old

How Does the Sukanya Samriddhi Yojana (SSY) Scheme Work?

Guaranteed 8.2% Annual Compounding

Backed by the Government of India, interest is compounded annually on your deposit and credited at the end of each financial year, offering superior returns over standard bank FDs.

15-Year Deposit, 21-Year Growth

You only deposit for the first 15 years from account opening. For the remaining 6 years (years 16–21), no deposits are required while your entire balance continues to compound powerfully.

100% Tax-Exempt (EEE Status)

SSY holds Exempt-Exempt-Exempt tax status: your annual investments qualify for Section 80C deductions, annual interest is non-taxable, and final maturity withdrawal is completely tax-free.

Frequently Asked Questions

What is the current interest rate for Sukanya Samriddhi Yojana (SSY)?

The Government of India provides an 8.2% per annum interest rate (compounded annually) on SSY accounts. The Ministry of Finance reviews small savings interest rates quarterly.

How many years do I need to invest in an SSY account?

Deposits are required for 15 years from the date of account opening. After 15 years, you do not need to make further contributions, but your account balance will continue to earn interest until full maturity at 21 years.

What are the minimum and maximum yearly deposit limits?

The minimum deposit is ₹250 per financial year, and the maximum is ₹1,50,000 per financial year. Deposits can be made in lump sum or multiple installments throughout the financial year.

Can funds be withdrawn before 21 years?

Yes. Once the girl child attains 18 years of age, partial withdrawal of up to 50% of the preceding financial year's balance is permitted for higher education fees or marriage expenses.

Is the final maturity amount completely tax-free?

Yes, 100%. SSY is an EEE (Exempt, Exempt, Exempt) scheme: contributions are deductible under Section 80C up to ₹1.5 Lakh, the annual compounding interest is tax-exempt, and the final maturity payout is completely exempt from income tax.

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