Sukanya Samriddhi Yojana (SSY) Calculator
Calculate maturity value based on yearly deposit and SSY interest rate.
Sukanya Samriddhi Yojana (SSY) Calculator – Estimate Maturity Amount for Your Daughter’s Future
The Sukanya Samriddhi Yojana (SSY) is one of India’s most rewarding and popular small-savings schemes launched under the Government’s Beti Bachao, Beti Padhao initiative. It offers high interest rates, tax benefits, and guaranteed maturity returns, making it an ideal long-term investment option for securing your daughter’s education and marriage.
Our SSY Calculator helps parents estimate the maturity amount, interest earned, and total contributions based on the current SSY interest rate and annual deposit amount. With this tool, you can plan your daughter’s financial future confidently and accurately.
⭐ What Is Sukanya Samriddhi Yojana (SSY)?
SSY is a government-backed savings scheme for girl children and offers:
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High annual interest rate (revised quarterly by the Government)
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Tax exemption under Section 80C
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Tax-free maturity amount
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Long-term compounding for 21 years
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Deposit allowed for only 15 years
This makes SSY one of the safest and most profitable government schemes for parents.
⭐ How the SSY Calculator Works
The SSY Calculator takes two simple inputs:
✔ Yearly Deposit Amount (₹)
The amount you plan to deposit every year (minimum ₹250 and maximum ₹1,50,000).
✔ Interest Rate (%)
The current SSY interest rate (e.g., 8.2% annually, but varies by quarter).
Using these values, the calculator applies SSY rules:
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Deposit allowed for 15 years
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Maturity occurs in 21 years
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Interest continues to compound even after deposits stop
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Compounding happens annually at the given interest rate
⭐ What the Calculator Displays
After calculation, you will see:
🔹 Total Amount Deposited
Total contribution over the first 15 years.
🔹 Total Interest Earned
The accumulated interest over the entire 21-year period.
🔹 Maturity Amount at 21 Years
The final value receivable when the SSY account matures.
This gives parents a crystal-clear idea of the future financial value of their SSY investment.
⭐ Why Use an SSY Calculator?
✔ Helps plan long-term savings
✔ Shows accurate maturity projections
✔ Helps decide yearly deposit amount
✔ Shows the power of compounding over 21 years
✔ Useful for financial planning for a girl child
✔ Helps compare SSY with other government schemes
⭐ Example SSY Calculation
If you deposit: ₹50,000 per year
Interest rate: 8%
Duration: 21 years (15 years deposit + 6 years compounding)
You will get:
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Total deposit: ₹7,50,000
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Interest earned: ~₹11,00,000+
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Maturity value: ~₹18,50,000+
This demonstrates how SSY helps build a significant fund for your daughter’s future.
⭐ Benefits of Sukanya Samriddhi Yojana
✨ High interest rate compared to PPF & FD
✨ Backed by the Government of India
✨ Tax-free interest & maturity returns
✨ Long-term compounding ensures large corpus
✨ Can be opened at Post Offices & Banks
✨ Ideal for education & marriage planning
⭐ Conclusion: Secure Your Daughter’s Future with SSY
The Sukanya Samriddhi Yojana Calculator helps parents easily estimate how much they can accumulate for their daughter’s future needs. With guaranteed returns, tax benefits, and powerful compounding over 21 years, SSY is one of the best investment options for long-term family planning.
Use our calculator today and start planning early for a brighter future for your daughter.