Calculate the maturity value of a Sukanya Samriddhi Yojana (SSY) account for your daughter. India's best interest rate savings scheme for girl children at 8.2% (2026). Shows maturity amount at age 21, total invested, interest earned, and partial withdrawal available at age 18.
Step 1. Enter your planned annual contribution (Rs.250 minimum to Rs.1.5 lakh maximum).
Step 2. Enter your daughter's current age.
Step 3. Enter the age at which you opened or plan to open the account.
Step 4. The calculator projects maturity value at 21 years from opening, partial withdrawal at 18, and total interest earned.
With the default inputs loaded in the form, the calculator produces a starting result you can use as a baseline. Change one field at a time to compare a new scenario.
Sukanya Samriddhi Yojana (SSY) offers the highest guaranteed interest rate of any small savings scheme in India at 8.2% for Q1 FY 2025-26, specifically designed for parents investing for their daughter's education and marriage expenses.
SSY qualifies for EEE (Exempt-Exempt-Exempt) tax treatment: contributions up to Rs.1.5 lakh/year qualify for Section 80C deduction, interest accumulates tax-free, and maturity amount is completely tax-free.
Account opening: SSY can be opened at any Post Office or authorized bank for girls under 10 years of age. Maximum two accounts per family (one per girl child; exception for twins or triplets as second birth). Minimum deposit Rs.250/year; maximum Rs.1.5 lakh/year.
At age 18, up to 50% of the balance can be withdrawn for higher education expenses. Full maturity withdrawal is at age 21 from account opening, or upon marriage after age 18.
8.2% per annum, compounded annually for Q1 FY 2025-26. This rate is reviewed quarterly by the Ministry of Finance. SSY consistently offers the highest rate among all government small savings schemes.
No — SSY accounts can only be opened for girls aged 0-10 years. The account cannot be opened for girls aged 11 or above.
On death of the account holder (parent/guardian), the account can be closed prematurely and the balance with interest is paid to the legal heir. Alternatively, the account can continue with another family member as guardian.
Yes — SSY offers a higher rate (8.2% vs 7.1%) and identical EEE tax treatment as PPF. The only limitation: restricted to girl children and withdrawable at 21 (or marriage after 18). For girl child specifically, SSY is superior to PPF.
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Disclaimer: Results from this calculator are for informational and planning purposes only and do not constitute financial, legal, or professional advice. Always verify important calculations with a qualified professional.
