Sukanya Samriddhi Yojana (SSY) Calculator

Trusted Personal Finance Calculator

Every parent dreams of giving their daughter the world—a world of opportunity, education, and financial independence. The Sukanya Samriddhi Yojana (SSY) is a wonderful, government-backed savings scheme designed to help you turn that dream into a reality. It’s more than just an investment; it’s a promise for her future.

With one of the highest interest rates among small savings schemes and powerful tax benefits, SSY helps you build a dedicated fund for your daughter’s higher education and marriage expenses. Our SSY Calculator lets you see exactly how your contributions can grow into a substantial amount over time.

FAQs

A parent or legal guardian can open an SSY account for a girl child who is below the age of 10.

You can start with a minimum of just ₹250 and invest up to a maximum of ₹1.5 lakh in a financial year.

SSY enjoys an Exempt-Exempt-Exempt (EEE) status. This means your investment is tax-deductible under Section 80C, the interest earned is tax-free, and the maturity amount is also completely tax-free.

The account matures 21 years from the date it was opened, or at the time of the girl’s marriage after she turns 18. You only need to make deposits for the first 15 years, but the account continues to earn interest for the full 21-year term.

More Questions?

How Does the SSY Calculator Work?
Planning is simple. Just enter the amount you plan to invest each year for your daughter and her current age. Our calculator will instantly project the total amount you’ll have when the account matures. You can adjust the numbers to see how different investment amounts can change the final outcome, helping you create the perfect plan.

Why Use Our SSY Calculator?
Visualize Her Future: See a clear projection of how your savings will grow year after year.
Goal-Oriented Planning: Plan effectively for major milestones like her college admission or wedding.
Make Informed Decisions: Understand the power of compounding and how your disciplined savings can secure her future.
Motivation to Save: Seeing the potential returns can be a great motivator to start saving early and consistently.