India Sukanya Samriddhi Yojana Calculator: Maturity Growth
Estimate what an Indian Sukanya Samriddhi Yojana (SSY) account grows to from regular deposits at the scheme's government-set rate — the tax-free small-savings scheme designed for a girl child's education and marriage.
Adjust the inputs and select Calculate for a full breakdown.
Year-by-year growth schedule
Compare Common Scenarios
How the numbers shift across typical situations for this calculator:
| Scenario | Future value | Total contributions | Total interest earned |
|---|---|---|---|
| ₹12,500/mo · 8% · 15yr (max) | $4,325,477.77 | $2,250,000.00 | $2,075,477.77 |
| ₹5,000/mo · 8% · 15yr | $1,730,191.11 | $900,000.00 | $830,191.11 |
| ₹3,000/mo · 8.2% · 15yr | $1,056,708.39 | $540,000.00 | $516,708.39 |
| ₹10,000/mo · 7.6% · 15yr | $3,340,339.49 | $1,800,000.00 | $1,540,339.49 |
How This Calculator Works
Enter your current SSY balance, monthly deposit, the scheme's interest rate, and the years invested. The calculator compounds the balance and shows the projected maturity value and the interest earned. SSY is an EEE (exempt-exempt-exempt) scheme — deposits qualify for the 80C deduction, the interest is tax-free, and the maturity amount is tax-free too.
The Formula
Future Value with Regular Contributions
P = starting amount, PMT = monthly contribution, r = monthly rate (annual ÷ 12), n = number of months
Worked Example
₹12,500 a month for 15 years at 8% grows to about ₹43,25,478, with roughly ₹20,75,478 of that being tax-free interest. Sukanya Samriddhi Yojana (SSY) is a government small-savings scheme under the 'Beti Bachao, Beti Padhao' initiative, opened by a parent for a girl child under 10. It pays one of the highest small-savings rates, set quarterly by the government, and enjoys full EEE tax status: contributions are deductible under Section 80C, and both the interest and the maturity proceeds are entirely tax-free.
Key Insight
Sukanya Samriddhi is among the most attractive fixed-rate savings options in India, and its rules are specific to the girl-child purpose. Eligibility and structure: a parent or guardian opens the account for a girl child below age 10, one account per child (maximum two accounts per family, with exceptions for twins/triplets). Deposits run for 15 years from opening, but the account matures at 21 years from opening (or on the girl's marriage after age 18), so it keeps earning interest for the final years even after deposits stop — meaning a real SSY balance grows beyond a simple 15-year deposit picture. Deposits: a minimum each year (to keep the account active, else a small penalty) and a maximum of ₹1.5 lakh per financial year. The standout features are the rate and the tax status: the government sets the SSY rate quarterly and it's usually the highest among small-savings schemes (PPF, NSC, etc.), and it has full EEE tax treatment — the ₹1.5 lakh contribution counts toward the Section 80C deduction, the interest compounds tax-free, and the maturity amount is tax-exempt, so the entire return is yours. Partial withdrawal (up to 50% of the prior-year balance) is allowed for the girl's higher education after she turns 18. The catch is liquidity and rate variability: funds are locked for the long term, and the rate, while high, can change each quarter. This calculator gives a simple compounded estimate at the rate you enter and uses monthly compounding for convenience (SSY actually compounds annually), so treat it as an approximation; for a precise figure, use the official annual compounding, model the 15-year deposit / 21-year maturity structure, and apply the current quarterly rate.
Frequently Asked Questions
How is Sukanya Samriddhi growth calculated?
Deposits compound at the scheme's interest rate. ₹12,500/month for 15 years at 8% grows to about ₹43,25,478, with roughly ₹20,75,478 of tax-free interest. This is a simple estimate with monthly compounding; SSY actually compounds annually and matures at 21 years, so treat it as an approximation.
What is Sukanya Samriddhi Yojana?
A government small-savings scheme for a girl child under 10, opened by a parent or guardian under the 'Beti Bachao, Beti Padhao' initiative. It pays one of the highest small-savings rates (set quarterly) and has full EEE tax status — deductible deposits, tax-free interest, and a tax-free maturity amount.
What are the deposit limits?
A minimum each year to keep the account active, and a maximum of ₹1.5 lakh per financial year. Deposits are made for 15 years from opening. The maximum aligns with the Section 80C deduction limit, so the full deposit can also reduce your taxable income.
When does the account mature?
21 years from opening, or on the girl's marriage after she turns 18. Deposits are only required for the first 15 years, but the balance keeps earning interest until maturity — so the account grows for several years even after you stop contributing. Partial withdrawal is allowed for higher education after age 18.
Is Sukanya Samriddhi tax-free?
Yes — it has full EEE (exempt-exempt-exempt) status. Deposits qualify for the Section 80C deduction (up to ₹1.5 lakh), the interest accrues tax-free, and the maturity proceeds are entirely tax-exempt. This complete tax exemption, combined with a high rate, makes it one of India's best fixed-return options.
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Methodology & Review
The future value compounds a starting balance plus a fixed monthly deposit at the scheme's annual rate, compounded monthly for a simple estimate. It assumes a constant rate and end-of-month deposits, and does not model SSY's exact annual compounding, the 15-year deposit period with maturity at 21 years, or the annual deposit limits.
Written by Ugo Candido · Last updated May 22, 2026.