Sukanya Samriddhi Yojana Calculator
Calculate the maturity amount for a Sukanya Samriddhi Yojana (SSY) account based on your annual deposit and the girl child's age at account opening.
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Your result
₹47,88,079.45
Maturity amount
AI explanation
Formula
Deposits made for 15 years, compounded annually at the SSY rate; balance continues compounding (no further deposits) until maturity 21 years after account opening.Worked example
₹1,00,000/year, opened at age 5
| Field | Value |
|---|---|
| Annual deposit | 100000 |
| Girl's age at account opening (years) | 5 |
| Maturity amount | 4788079.45 |
| Total deposited (15 years) | 1500000 |
| Total interest earned | 3288079.45 |
| Girl's age at maturity | 26 |
Assumptions
- SSY interest rate is 8.2% p.a., compounded annually — the rate notified for the Jul-Sep 2026 quarter. Revised quarterly by the Ministry of Finance.
- Assumes the full annual deposit is made at the start of each SSY year — a simplification; real SSY interest is computed monthly on the lowest balance between the 5th and last day of the month.
- Deposits are permitted only for the first 15 years from account opening; the account matures 21 years from opening (or earlier on the girl's marriage after age 18).
Frequently asked questions
Who can open a Sukanya Samriddhi Yojana account?
A parent or legal guardian can open an SSY account for a girl child from birth until she turns 10, at a post office or authorised bank branch.
How many years do I need to deposit?
Deposits are required only for the first 15 years from account opening. After that, the account continues earning interest with no further deposits needed, until maturity at 21 years from opening.
Can I withdraw money before maturity?
Partial withdrawal of up to 50% of the balance is allowed once the girl turns 18, for higher education or marriage expenses. Premature closure is also allowed after marriage (post age 18) or in specific hardship cases.
Related calculators
Sources
- Sukanya Samriddhi Account Scheme — rules and current interest rate — Ministry of Finance, Government of India. Effective 22-01-2015, reviewed 13-09-2026.
This calculator provides an estimate only. SSY interest rates are revised quarterly by the Ministry of Finance and this calculator uses the current rate for the full term — actual returns will vary with future rate changes. Not personalized financial advice.
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