Sukanya Samriddhi Yojana Calculator
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SSY Calculator – Plan Your Sukanya Samriddhi Yojana Savings
Secure your daughter’s future with our SSY Calculator. This tool helps you estimate the maturity value and total interest earned under the government-backed Sukanya Samriddhi Yojana scheme.
What is an SSY Calculator?
An SSY Calculator estimates the maturity amount based on your annual deposit, interest rate, and investment duration, making Sukanya Samriddhi Yojana savings planning easy and accurate.
How to Use the SSY Calculator
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Enter Annual Contribution – Amount you’ll deposit every year.
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Enter Tenure – SSY account runs for 21 years; deposits allowed for 15 years.
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Enter Interest Rate – As notified quarterly by the government.
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Click Calculate – View maturity value and interest earned instantly.
Benefits of Using an SSY Calculator
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Accurate Savings Projection – Plan long-term financial goals.
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Government Scheme Specific – Tailored for SSY’s deposit and interest rules.
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Supports Goal Setting – Align savings with your daughter’s education or marriage needs.
Example Calculation
If you invest ₹1,50,000 annually for 15 years at 8% interest, the SSY Calculator will show:
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Interest Earned: ₹21,07,474
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Maturity Value: ₹43,57,474
Have a question? Check out the FAQ
Who can open an SSY account?
Parents or legal guardians of a girl child below 10 years can open an SSY account.
How long can I deposit in SSY?
Deposits can be made for 15 years from the date of account opening.
When does SSY mature?
The SSY account matures after 21 years from the date of opening.
Is SSY interest taxable?
No, SSY interest is completely tax-free, and deposits qualify for Section 80C benefits.