Calculate maturity amount, interest earned & total investment for your daughter's future savings.
Maturity Year: 2039
Total Investment: ₹5,00,130
Maturity Amount: ₹15,96,441
Interest Earned: ₹10,96,311
The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched under the “Beti Bachao, Beti Padhao” initiative. It’s specially designed to help parents or guardians build a tax-free, guaranteed fund for the future education and marriage of their girl child. Our SSY Calculator is a free online tool that helps you estimate the maturity amount based on your monthly or yearly investment. Whether you invest ₹250 or ₹1.5 lakh annually, this calculator gives you a clear projection of returns based on the current interest rate (8% for FY 2024–25).
✅ The SSY account can be opened by parents or legal guardians of a girl child. ✅ The girl child must be below 10 years of age at the time of account opening. ✅ A family can open a maximum of two SSY accounts (one per girl child), or three in case of twin girls.
You can open the account any time after the birth of the girl child but before she turns 10 years old. Earlier the better, because the interest starts accumulating from the first year itself. The earlier you start, the higher the maturity amount.
Here’s how your money grows if you invest the minimum ₹250 per month (₹3000/year) for 15 years at an 8.20% interest rate:
| Year | Total Deposited (₹) | Interest Earned (₹) | Total Value (₹) |
|---|---|---|---|
| 5 | 15,000 | 4,119.08 | ₹19,119.08 |
| 10 | 30,000 | 17,472.35 | ₹47,472.35 |
| 15 | 45,000 | 44,519.79 | ₹89,519.79 |
| 21 (Maturity) | 45,000 | 98,642.38 | ₹1,43,642.38 |
This table shows how your savings grow year by year when you invest ₹3,000 annually in the Sukanya Samriddhi Yojana at 8.2% interest.
| Year | Total Deposited (₹) | Interest Earned (₹) | Balance (₹) |
|---|---|---|---|
| 1 | 3,000 | 246.00 | 3,246.00 |
| 2 | 6,000 | 758.17 | 6,758.17 |
| 3 | 9,000 | 1,558.34 | 10,558.34 |
| 4 | 12,000 | 2,670.13 | 14,670.13 |
| 5 | 15,000 | 4,119.08 | 19,119.08 |
| 6 | 18,000 | 5,932.84 | 23,932.84 |
| 7 | 21,000 | 8,141.33 | 29,141.33 |
| 8 | 24,000 | 10,776.92 | 34,776.92 |
| 9 | 27,000 | 13,874.63 | 40,874.63 |
| 10 | 30,000 | 17,472.35 | 47,472.35 |
| 11 | 33,000 | 21,611.08 | 54,611.08 |
| 12 | 36,000 | 26,335.19 | 62,335.19 |
| 13 | 39,000 | 31,692.68 | 70,692.68 |
| 14 | 42,000 | 37,735.48 | 79,735.48 |
| 15 | 45,000 | 44,519.79 | 89,519.79 |
| 16 | 45,000 | 51,860.41 | 96,860.41 |
| 17 | 45,000 | 59,802.96 | 1,04,802.96 |
| 18 | 45,000 | 68,396.81 | 1,13,396.81 |
| 19 | 45,000 | 77,695.34 | 1,22,695.34 |
| 20 | 45,000 | 87,756.36 | 1,32,756.36 |
| 21 | 45,000 | 98,642.38 | ₹1,43,642.38 |
* This table assumes ₹3,000/year for 15 years and 8.2% annual compounding interest. No deposits after year 15, but interest continues till maturity in year 21.
*This is an estimate based on current 8.2% interest and yearly compounding. Exact values may vary depending on interest revisions.
Our SSY Calculator is a completely free tool created to help Indian parents make better financial decisions for their daughters. No signup. No hidden charges. Just a simple, fast, and accurate calculator based on the latest interest rates.
Sukanya Samriddhi Yojana is not just a scheme — it’s a vision for every girl child’s brighter future. Whether you're investing ₹250 or ₹1.5 lakh annually, the returns are safe, assured, and completely tax-free. So why wait? Secure your daughter’s tomorrow with a smart decision today. Try our SSY Calculator and see how your small savings can grow big over time!