🎀 Sukanya Samriddhi 2025 – Deposit to Maturity Planner

Sukanya Samriddhi Yojana (SSY) Calculator

Sukanya Samriddhi Yojana (SSY) is a popular government-backed savings scheme launched in 2015 as part of the Beti Bachao, Beti Padhao campaign. It encourages parents and legal guardians to save for their girl child’s future expenses like education and marriage. The scheme offers a high-interest rate of 8.2% (subject to government revision) and provides attractive tax benefits under Section 80C of the Income Tax Act.

With the Sukanya Samriddhi Yojana calculator, you can easily estimate the maturity amount based on your yearly contributions, investment tenure, and the current interest rate. This calculator simplifies planning your investments by showing how your savings will grow over time with compound interest.

Who Can Use This Calculator?

• Legal guardians can open SSY accounts for a girl child below 10 years of age.
• The account remains active for 21 years from the date of opening.
• Minimum annual contributions of ₹250 must be made for the first 14 years.
• After 14 years, no deposits are required, but the amount continues to earn interest till maturity.

Benefits of Using the SSY Calculator

• Plan your investments effectively: Adjust your yearly deposits to meet desired maturity corpus.
• Estimate maturity amount: Know how much you will receive after 21 years.
• Calculate tax savings: SSY investments qualify for deductions up to ₹1.5 lakh under Section 80C.
• Error-free calculations: The calculator uses the compound interest formula for accurate results.

How Does the SSY Calculator Work?

The calculation is based on the compound interest formula:A=P×(1+rn)ntA = P \times \left(1 + \frac{r}{n}\right)^{nt}A=P×(1+nr​)nt

Where:

• A = Maturity amount
• P = Annual contribution
• r = Rate of interest (decimal)
• n = Number of times interest compounded per year (usually 1 for SSY)
• t = Number of years

Frequently Asked Questions (FAQs)

1. Who is eligible to open a Sukanya Samriddhi Yojana account?
Any legal guardian of a girl child below 10 years of age can open an SSY account in her name.

2. How many accounts can be opened under SSY?
Only one account per girl child is allowed. For two or more girls in a family, separate accounts can be opened.

3. What is the minimum deposit required?
The minimum contribution is ₹250 per year.

4. What happens if I miss a deposit in any year?
The account will continue to earn interest on the deposited amount. However, to keep the account active, at least one deposit must be made every year for the first 14 years.

5. What is the maximum deposit allowed in a year?
The maximum deposit limit is ₹1.5 lakh per financial year.

6. What is the maturity period of the SSY account?
The account matures 21 years from the date of opening.

7. Are there any tax benefits on investments made under SSY?
Yes, contributions up to ₹1.5 lakh per year are eligible for tax deduction under Section 80C. The interest earned and maturity amount are also tax-free.

8. Can I withdraw money before maturity?
Partial withdrawal is permitted after the girl turns 18 for education or marriage purposes, subject to submission of relevant documents. Premature closure is allowed only in exceptional cases like the death of the account holder.

9. Can the account be transferred?
Yes, the SSY account can be transferred anywhere in India if you change your residence.

10. How can the maturity corpus be used?
The maturity amount can be used for the girl child’s higher education, marriage, or any other future financial requirement.

Using the Sukanya Samriddhi Yojana calculator will help you visualize the growth of your investment and ensure you secure a financially strong future for your daughter.