👧 Free Online Tool · 8.2% p.a. · FY 2025-26
Sukanya Samriddhi Yojana
SSY Calculator — Maturity & Returns
Calculate your daughter's SSY maturity corpus, year-wise interest, partial withdrawal at age 18 and total tax savings — based on the current 8.2% rate for FY 2025-26. Fully tax-free (EEE).
📦 SSY Maturity Calculator
Girl's Current Age
0 (newborn)10 Yrs
Yearly Investment
₹250₹1.5L
Interest Rate (p.a.)
7%10%
Account Opens
2025
Start investing now
Deposits Stop
2038
After 15 years
Partial Withdrawal
2041
At age 18 (50% max)
Maturity Date
2044
At girl's age 21
Total Invested (15 yrs)₹22,50,000
Total Interest Earned₹46,77,578
Maturity Amount (Age 21)₹69,27,578
Tax on maturity₹0 (Fully EEE Exempt)
Annual 80C deduction₹1,50,000/yr
SSY Maturity Amount
₹69.3L
at girl's age 21 · 8.2% p.a.
68%
Interest
Total Invested₹22.5L
Interest Earned₹46.8L
Maturity Amount₹69.3L
Key Dates
Deposits stop in2038
50% withdrawal from2041
Account matures in2044
Years to maturity19 years
📅 Year-wise SSY Balance Projection
| Year | Girl's Age | Opening (₹) | Deposit (₹) | Interest (₹) | Closing (₹) | Status |
|---|
⚖️ SSY vs PPF vs FD — Best for Girl Child Savings?
| Feature | SSY | PPF | FD (5-yr) |
|---|---|---|---|
| Interest Rate | 8.2% p.a. (FY26) | 7.1% p.a. | ~7.0–7.5% |
| Who Can Open | Girl child only (below 10) | Any individual | Anyone |
| Max Investment/yr | ₹1,50,000 | ₹1,50,000 | No limit |
| Tax on Investment | 80C deduction up to ₹1.5L | 80C up to ₹1.5L | 80C (5-yr only) |
| Tax on Interest | Fully exempt | Fully exempt | Taxable at slab |
| Tax on Maturity | Fully exempt | Fully exempt | Taxable |
| Lock-in Period | 21 years (girl's age) | 15 years | 5 years |
| Partial Withdrawal | 50% at age 18 (education) | From Year 7 (50%) | ❌ Penalty applies |
| Returns Type | Government-guaranteed | Government-guaranteed | Bank-guaranteed |
| Best For | Girl child education & marriage | Long-term family savings | Short-term goals |
📐
SSY Rules & Eligibility
Sukanya Samriddhi Yojana is a government scheme for the girl child — offering the highest guaranteed rate among all small savings schemes.
Who can open: Parents/guardians of girl below 10 yrs
Max accounts: 2 (one per girl child, max 2 girls)
Min deposit: ₹250/year
Max deposit: ₹1,50,000/year
Deposit period: 15 years from account opening
Maturity: When girl turns 21
Max accounts: 2 (one per girl child, max 2 girls)
Min deposit: ₹250/year
Max deposit: ₹1,50,000/year
Deposit period: 15 years from account opening
Maturity: When girl turns 21
🎓
Partial Withdrawal Rules
50% of the SSY balance can be withdrawn when the girl turns 18 — for higher education or marriage:
When: After girl turns 18
Maximum: 50% of balance at end of previous FY
Purpose: Higher education or marriage
Proof: Admission letter or marriage certificate required
Premature closure: Allowed for marriage after 18, or extreme hardship cases
Full closure: At maturity (age 21)
Maximum: 50% of balance at end of previous FY
Purpose: Higher education or marriage
Proof: Admission letter or marriage certificate required
Premature closure: Allowed for marriage after 18, or extreme hardship cases
Full closure: At maturity (age 21)
💰
Tax Benefits — Triple EEE
SSY is one of the very few schemes with complete EEE (Exempt-Exempt-Exempt) status:
Invest: 80C deduction up to ₹1,50,000/yr
Earn: Interest fully exempt from income tax
Withdraw: Maturity amount completely tax-free
Rate history: Has ranged from 7.6% to 9.2% — currently highest among EEE govt schemes at 8.2% (FY2026)
Earn: Interest fully exempt from income tax
Withdraw: Maturity amount completely tax-free
Rate history: Has ranged from 7.6% to 9.2% — currently highest among EEE govt schemes at 8.2% (FY2026)
Frequently Asked Questions
Sukanya Samriddhi Yojana (SSY) is a government savings scheme launched in 2015 under the "Beti Bachao, Beti Padhao" initiative. It is specifically designed to encourage saving for a girl child's education and marriage. It offers the highest interest rate among all small savings schemes — currently 8.2% p.a. for FY 2025-26 — with complete EEE tax exemption.
An SSY account can be opened by parents or legal guardians of a girl child who is below 10 years of age. A maximum of two accounts can be opened (one per girl child) — with an exception for twins or triplets. The account can be opened at any post office or authorised bank branch (SBI, HDFC, ICICI, Axis, etc.).
The SSY interest rate for FY 2025-26 is 8.2% per annum, compounded annually. The rate is reviewed quarterly by the government and is currently the highest among all EEE-exempt government savings schemes including PPF (7.1%), NSC (7.7%), and SCSS (8.2%). The rate is applied on the minimum balance between the 5th and last day of each month.
The SSY account matures when the girl turns 21. However, you only need to deposit for the first 15 years — after that, the account earns interest until maturity without new deposits. A 50% partial withdrawal is allowed when the girl turns 18 (for higher education or marriage with supporting documents). Premature closure is also allowed after 18 for marriage purposes.
If you fail to make the minimum annual deposit of ₹250, the account becomes "inactive". To reactivate it, you need to pay ₹50 penalty per year of default along with the minimum deposit for each year. The account must be reactivated before maturity. Interest continues to accrue on the existing balance even when inactive.
Yes — SSY has a higher interest rate (8.2% vs 7.1%) and is exclusively designed for girl child savings. Both offer EEE tax status and 80C deduction. The key differences: SSY is restricted to girls below 10, has a longer lock-in (21 years vs 15), but allows 50% withdrawal at 18. For parents with girl children, SSY is generally superior to PPF purely on returns and purpose.
No — SSY accounts can only be opened by Resident Indians. If the account holder (girl) becomes an NRI or acquires foreign citizenship during the tenure, the account must be closed from the date of such change in status. Interest earned up to the closure date is paid, and the maturity amount is returned.
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Invest in Your Daughter's Future — Claim Every Tax Benefit
TAXAJ's CA team helps you correctly claim SSY contributions under Section 80C, file your ITR and maximise deductions — so you save tax while building your daughter's corpus.