SSY Calculator – Sukanya Samriddhi Returns
Project Sukanya Samriddhi maturity over 21 years with yearly deposits and compounding
Deposit Details
Maturity
Maturity Value (21 Years)
$7,182,119
Payable when she turns 26
Total Invested
$2,250,000
Interest Earned
$4,932,119
Deposits for 15 years · compounds for 21 years
About this Tool
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for a girl child under 10, paying one of the highest small-savings rates with tax-free maturity. Deposits run for 15 years while the balance compounds for a full 21 years. This calculator projects maturity, total deposits and interest earned.
Common Use Cases
Education Fund
Check whether maximum yearly deposits will cover projected college costs at age 18-21.
Deposit Sizing
Work backwards from a target maturity to the yearly amount you must save.
Rate Comparisons
Compare SSY's tax-free return against PPF, FDs or mutual funds for the same horizon.
Second Child Planning
Model separate accounts for two daughters without mixing up the timelines.
Pro Tips
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Deposit Early Each Year
Money deposited at the year's start earns a full extra year of compounding.
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Max Out the Cap
The 150,000 yearly ceiling plus 21 years of compounding creates most of the growth.
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Track Rate Revisions
The rate is reset periodically — re-run this calculator when it changes.
FAQs
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