Sukanya Samriddhi Calculator
Calculate maturity amount for Sukanya Samriddhi Yojana (SSY), a government savings scheme for girl child education and marriage. Plan your daughter's future with guaranteed returns.
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Maturity Amount
₹ 0
Interest Earned
₹ 0
Total Invested
₹ 0
Deposit End Year
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Account Maturity
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View All Calculators →Frequently Asked Questions
What is Sukanya Samriddhi Yojana (SSY)?
SSY is a government savings scheme exclusively for girl children. It aims to fund her education and marriage expenses. Parents/guardians can open an account for girls under 10 years, with guaranteed returns and tax benefits.
What's the deposit period for SSY?
You can make deposits for 15 years from account opening. After 15 years, no deposits are required but the account continues to earn interest until the girl turns 21 (maturity age), when full withdrawal becomes available.
What are the contribution limits for SSY?
Minimum annual deposit: ₹250. Maximum annual deposit: ₹1,50,000. You can deposit in lump sum or installments. Contributions are eligible for Section 80C tax deduction.
Can I withdraw from SSY before maturity?
Partial withdrawal allowed from age 18 onwards (for education). At 21 years, account matures and full withdrawal is allowed. Before 18, withdrawal only possible for emergency medical needs.
Is SSY a good investment for daughter's future?
Yes, SSY is excellent for long-term education and marriage planning. It offers guaranteed government returns (currently 8.2%), tax benefits, and helps build a substantial corpus over 21 years.
What's the current interest rate for SSY?
SSY interest rates are set by the government quarterly and are typically 7-9% per annum. The rate changes periodically based on government decisions. Check official sources for current rates.