Sukanya Samriddhi Calculator
A Sukanya Samriddhi Yojana (SSY) calculator computes the maturity value of a girl child's savings scheme account, contributed to annually for 15 years and maturing 21 years after account opening, compounded at the government-notified SSY rate.
Annual compounding: each year's contribution (up to the statutory annual cap) for the first 15 years earns interest until the account matures 21 years from opening, at the notified SSY rate.
Input: ₹1,50,000/year for 15 years, maturing at 21 years, ~8.2% annual rate
Result: Maturity value substantially exceeds total contributions due to the long compounding tail after the 15-year contribution period ends
Who is eligible to open an SSY account?
A parent or legal guardian can open an SSY account for a girl child under 10 years of age, with a maximum of two accounts per family (with exceptions for twins).
Is SSY interest and maturity amount taxable?
No — like PPF, SSY is an EEE instrument: contributions qualify for 80C, interest is tax-free, and maturity proceeds are fully tax-free.
Sukanya Samriddhi Yojana Calculator: how it works
This calculator projects the maturity value of a Sukanya Samriddhi Yojana account, a government savings scheme for a girl child with deposits for 15 years and maturity at 21.
Formula
Annual deposits compound at the declared rate for 15 years of contribution, then the balance continues compounding until maturity.