Sukanya Samriddhi Yojana Calculator

Why Sukanya Samriddhi Yojana Stands Apart

The Sukanya Samriddhi Yojana (SSY) is a Government of India small-savings scheme launched under the Beti Bachao Beti Padhao initiative, built specifically to fund a girl child's higher education and marriage. It pairs a sovereign guarantee on your capital with one of the highest interest rates in the small-savings family — currently 8.2% per annum for FY 2025-26 — and wraps the whole thing in EEE tax treatment. That combination of safety, yield, and tax-freedom is rare, and it is exactly why disciplined parents treat SSY as the cornerstone of a daughter's long-term plan.

Calcuva's calculator models the scheme exactly as the rules work, so you see a realistic corpus rather than a generic compound-interest guess.

The 15 + 6 Rule That Most People Miss

The single most important quirk of SSY is its split timeline:

• Years 1–15: You make deposits (anywhere from ₹250 up to ₹1.5 Lakh per financial year).
• Years 16–21: You stop depositing entirely, but the accumulated balance keeps compounding tax-free.
• Year 21: The account matures and the full corpus is paid out.

Those final six "silent" years are where a surprising chunk of your wealth is created. Because compounding works on the largest balance at the end, six years of untouched growth can add lakhs to the payout without you contributing a single additional rupee.

A Worked INR Example

Suppose you open an SSY account when your daughter is 3 years old and deposit ₹1,50,000 every year at the 8.2% rate.

• Total deposited (15 years): ₹1,50,000 × 15 = ₹22,50,000
• The balance compounds annually through all 21 years. By year 15 the corpus has already crossed roughly ₹44.7 lakh, and over the final six no-deposit years it continues to grow on that large base.
• Approximate maturity value at year 21: ₹71.8 lakh
• Tax-free interest earned: roughly ₹49.3 lakh — more than double what you put in.

Your daughter would be 24 years old at maturity (3 + 21), with a ready, fully tax-exempt fund for college or marriage. Adjust the yearly deposit slider downward and you'll see the corpus scale almost linearly — even ₹50,000 a year builds a meaningful safety net.

How SSY Compares to PPF

Both schemes are EEE and government-backed, but they serve different jobs. SSY typically offers a higher headline rate than PPF and is purpose-built for a girl child, while PPF is open to any individual and is more flexible on tenure. Many families run both: use SSY for the daughter-specific goal and a PPF calculator to project a parallel general-purpose retirement corpus. If you want to compare against a market-linked alternative for the same horizon, the SIP calculator shows how equity returns might stack up against SSY's guaranteed path — useful for deciding how much of the goal to keep risk-free.

Deposit Smartly to Maximize Interest

SSY interest is calculated on the lowest balance between the close of the 5th and the end of each month. Depositing on or before the 5th — or front-loading your full annual amount in April at the start of the financial year — captures more interest over the year. Over a 21-year horizon, this timing discipline alone can meaningfully lift the final corpus.

A Note on Rates

The 8.2% figure is the indicative rate for FY 2025-26 and is reviewed by the Ministry of Finance every quarter, so your real-world return will reflect a blend of rates over 21 years. Treat these projections as planning estimates and confirm current rules and rates with a CA or an official source such as India Post or your bank before committing.