Sukanya Samriddhi Calculator
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for girl children with high interest rates and EEE tax benefits.
Input Calculation Parameters
₹
Years
%
Calculation Results
Total Amount Deposited (15 Yrs)
0
Tax-Free Interest Earned
0
Maturity Corpus Value (at 21 Yrs)
0
How the Calculation Works
Deposits are made for 15 years, and account matures 21 years from account opening date.
Worked Example
Here is a step-by-step example calculation for ₹1.5 Lakh Annual SSY Deposit @ 8.2% p.a.:
| Parameter | Value |
|---|---|
| Total Deposited | ₹22,50,000 |
| Interest Earned | ₹46,77,578 |
| Maturity Val | ₹69,27,578 |
Scenario Analysis
Comparing different tenures, interest rates, or investment horizons:
| Scenario Label | Key Metric |
|---|---|
| 21 Year Maturity | Maturity: ₹69.27 Lakh |
Common Mistakes to Avoid
- Not opening SSY before girl child turns 10 years old.
Frequently Asked Questions (FAQs)
Can 50% SSY balance be withdrawn early?
Yes, 50% of the balance at age 18 can be withdrawn for higher education.
Authoritative Sources & Regulatory References
Author: SmartPaisa Financial Research Team
Reviewer: Reviewed by Financial Engineering Team
Last Reviewed: 2026-08-17
Financial Disclaimer: This calculator provides estimates for educational purposes only based on standard mathematical formulas and current Indian regulatory guidelines. Actual returns, taxes, or EMI payments may vary depending on bank policies, market volatility, or individual tax brackets. Consult a SEBI-registered investment advisor or Chartered Accountant (CA) before making financial decisions.
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