Sukanya Samriddhi Yojana (SSY) Calculator - Estimate Maturity Amount

Use our Sukanya Samriddhi Yojana (SSY) Calculator to plan your daughter's financial future. Get accurate estimates, tax benefits, and investment.

Investment Summary

Total Invested: ₹ 0
Interest Earned: ₹ 0
Maturity Amount: ₹ 0

Investment vs Returns

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Sukanya Samriddhi Yojana Calculator – Plan Your Daughter's Future

The Sukanya Samriddhi Yojana (SSY) Calculator by ToolsGen helps you calculate the returns on your investment in this government-backed savings scheme designed for the financial security of the girl child in India.

Sukanya Samriddhi Yojana is a small deposit scheme launched by the Indian Government as part of the Beti Bachao Beti Padhao campaign. It offers attractive interest rates and tax benefits under Section 80C of the Income Tax Act.

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana is a savings scheme specifically designed for the girl child. It was launched in 2015 to encourage savings for the future education and marriage expenses of girl children.

Key features:

  • Available for girls below 10 years of age
  • Maximum of 2 accounts per family (one per girl child)
  • Minimum deposit of ₹250 per year
  • Maximum deposit of ₹1.5 lakh per year
  • Maturity period of 21 years from account opening

How to Use the Sukanya Samriddhi Yojana Calculator

Using the calculator is simple:

  1. Enter the girl's age (below 10 years)
  2. Enter the initial deposit amount
  3. Enter the yearly deposit amount
  4. Enter the interest rate (current rate: 8.2% p.a.)
  5. Click Calculate
  6. View the maturity amount and total investment

Sukanya Samriddhi Yojana Interest Rate

The interest rate for Sukanya Samriddhi Yojana is reviewed quarterly by the Government of India. The current rate is 8.2% per annum (as of Q4 2024-25).

The interest is calculated on a monthly basis but credited annually. This makes SSY one of the most attractive small savings schemes in India.

Tax Benefits of Sukanya Samriddhi Yojana

SSY offers multiple tax benefits:

  • Section 80C: Investment up to ₹1.5 lakh per year is eligible for tax deduction
  • Tax-free interest: Interest earned is completely tax-free
  • Tax-free maturity: Maturity amount is exempt from tax

This Triple Tax Benefit makes SSY one of the best investment options for girl child financial planning.

Withdrawal Rules

Partial withdrawal is allowed for:

  • Education expenses after the girl turns 18
  • Marriage expenses after the girl turns 18
  • Up to 50% of the balance can be withdrawn

Full maturity withdrawal is allowed after 21 years from account opening or when the girl gets married after turning 18.

Why Choose Sukanya Samriddhi Yojana?

✔ Guaranteed returns backed by Government of India
✔ Triple tax benefits under Income Tax Act
✔ High interest rate compared to other savings schemes
✔ Flexible deposit options (minimum ₹250)
✔ Partial withdrawal allowed for education
✔ Promotes financial security for girl child

Who Should Use This Calculator?

This tool is useful for:

  • Parents of girl children
  • Guardians looking to invest for a girl's future
  • Grandparents wanting to contribute to granddaughter's education
  • Financial advisors planning child investment portfolios

Frequently Asked Questions (FAQ) - Sukanya Samriddhi Yojana Calculator

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