Do you want to know how much your sukanya samriddhi yojana investment can grow by maturity? An SSY calculator helps you estimate the total investment, interest earned and maturity amount based on your contribution and the applicable interest rate.
In 2026, the current Sukanya Samriddhi Yojana interest rate is 8.2% per annum. Since the rate can be revised periodically, calculator results should be treated as estimates. Let’s understand more in detail!
What Is Sukanya Samriddhi Yojana?
Sukanya Samiddhi Yojana (SSY) is a government backed savings scheme that is designed for the long term financial needs of the girl child.
A parent or legal guardian can open the account when the girl is below 10 years of age. The account matures after 21 years from the date of opening, while deposits are required for up to 15 years.
The account can be opened through an authorised bank or under the Sukanya Samriddhi Yojana Post Office facility.
What is Sukanya Samriddhi Yojana Eligibility?
The main eligibility requirements are:
- The girl child must be below 10 years old when the account is opened.
- The account is opened by the natural or legal guardian.
- Normally, one account can be opened for one girl child.
- Generally, up to two girl children from a family can have SSY accounts, subject to applicable exceptions.
Sukanya Samriddhi Yojana – Quick Overview
| Particular | Details |
| Current interest rate | 8.2% p.a |
| Minimum annual deposit | Rs.250 |
| Minimum annual deposit | Rs. 1.5 lakh |
| Deposit period | Up to 15 years |
| Maturity | 21 years from account opening |
| Eligible child | Girl below 10 years |
| Account opening | Banks and post offices |
How Does an SSY Calculator Work?
An SSY calculator uses your investment amount, contribution period and applicable interest rate to estimate the maturity value.
You generally need to enter:
- Annual or monthly investment
- Account opening/investment period
- Applicable interest rate
The calculator then gives an estimate of:
Total investment + Interest earned = Estimated maturity amount
How Much Can You Invest in SSY?
You can deposit a minimum of ₹250 per financial year and up to ₹1.5 lakh per financial year.
You can make deposits monthly or at other intervals. A fixed monthly deposit is not compulsory.
For example:
| Monthly Deposit | Annual Deposit | 15-Year Contribution |
| ₹2,000 | ₹24,000 | ₹3.60 lakh |
| ₹5,000 | ₹60,000 | ₹9 lakh |
| ₹10,000 | ₹1.20 lakh | ₹18 lakh |
| ₹12,500 | ₹1.50 lakh | ₹22.50 lakh |
The final maturity amount will depend on the applicable interest rates and timing of deposits.
How Is Sukanya Samriddhi Yojana Interest Calculated?
SSY interest is calculated according to the scheme’s prescribed rules and compounded annually.
The timing of deposits also matters. For monthly deposits, interest calculation considers the balance according to the prescribed monthly rules.
Therefore, the result from an online Sukanya Samriddhi Yojana calculator may differ slightly from the actual interest credited to your account.
15 Years of Deposits vs 21 Years of Maturity
This is an important SSY rule:
Deposit period: Up to 15 years
Account maturity: 21 years from account opening
For example, if you open an account in 2026, you can make deposits for up to 15 years, but the account generally matures in 2047.
You do not have to keep depositing for all 21 years.
Can You Withdraw Money Before Maturity?
Yes, but withdrawals are allowed only under specified conditions.
Up to 50% of the account balance can generally be withdrawn for eligible purposes after the girl child turns 18 or passes Class 10, subject to the scheme rules.
SSY is therefore intended primarily for long-term savings rather than regular withdrawals.
What Happens If You Do Not Deposit ₹250 in a Year?
The account requires a minimum annual deposit of ₹250.
If the required minimum deposit is not made, the account can become inactive/defaulted and may need to be regularised according to the applicable rules.
So, if you are using SSY as a long-term savings plan, make sure the minimum annual contribution is maintained.
Sukanya Samriddhi Yojana Tax Benefits
SSY provides tax benefits under the applicable income-tax provisions.
Deposits can qualify for Section 80C deduction, subject to the applicable conditions and limits. Interest and qualifying maturity proceeds also receive tax benefits under the prevailing rules.
Tax treatment can depend on the tax regime and applicable financial-year provisions, so check the latest tax rules before claiming a deduction.
Where Can You Open an SSY Account?
You can open an SSY account through:
Post Office: Eligible customers can open a Sukanya Samriddhi account through India Post.
Authorised Banks: SSY accounts are also available through participating banks.
Typically, the girl’s birth certificate and required KYC documents of the guardian are needed.
Can You Use Sukanya Samriddhi Yojana Online?
Yes, but “Sukanya Samriddhi Yojana online” can refer to different services.
You can use an online SSY calculator to estimate your returns. Banks and India Post may also provide digital facilities for eligible account-related transactions.
However, an online calculator only provides an estimate. It does not guarantee the future interest rate or maturity amount.
What Are the Important Sukanya Samriddhi Yojana Rules?
Before opening an account, remember these key points:
- Account must be opened before the girl turns 10.
- Minimum annual deposit is ₹250.
- Maximum annual deposit is ₹1.5 lakh.
- Deposits are required for up to 15 years.
- Account generally matures after 21 years.
- Interest rates can change periodically.
- Partial withdrawal is allowed only under specified conditions.
- The account is intended for long-term savings.
FAQs
Q. What is the SSY interest rate in 2026?
Ans. The current Sukanya Samriddhi Yojana interest rate is 8.2% per annum for the applicable period. The Government can revise small-savings interest rates periodically.
Q. What will ₹1.5 lakh per year become in SSY?
Ans. If you deposit ₹1.5 lakh annually for 15 years, your total contribution will be ₹22.5 lakh. Assuming an 8.2% rate throughout, an illustrative calculation gives approximately ₹71.82 lakh at maturity.
Q. What is the minimum SSY investment?
Ans. The minimum annual deposit is ₹250.
Q. What is the maximum SSY investment?
Ans. The maximum deposit is ₹1.5 lakh per financial year.
Q. Can I deposit monthly in SSY?
Ans. Yes. You can make monthly deposits, but there is no compulsory monthly contribution. Your total annual deposit must remain within the permitted limit.
Q. How long does Sukanya Samriddhi Yojana run?
Ans. The account generally matures after 21 years from the date of opening, while deposits can be made for up to 15 years.
Q. Can I withdraw from SSY before maturity?
Ans. Yes. Partial withdrawal is permitted for specified purposes and subject to the applicable conditions.
Q. Is the 8.2% SSY interest rate fixed for 21 years?
Ans. No. The interest rate can be revised periodically. Therefore, an SSY calculator using 8.2% for the complete tenure provides an estimate rather than a guaranteed maturity amount.
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