Deposits & Savings calculator
SSY Calculator
Sukanya Samriddhi Yojana (SSY) is a government savings scheme for a girl child below 10 years of age. Deposits are made for 15 years and the account matures 21 years after opening.
Your details
Total investment
₹22,50,000
Estimated interest
₹49,32,119
Estimated maturity value
₹71,82,119
At age 23
Breakup
- Total investment₹22,50,000 (31%)
- Interest₹49,32,119 (69%)
Maturity in about 2047 when your daughter is around 23. Partial withdrawal of up to 50% is allowed after she turns 18, for education.
Account balance over 21 years
Year-wise breakdown
| Year | Child's age | Deposit | Interest | Closing balance |
|---|---|---|---|---|
| 1 | 3 | ₹1,50,000 | ₹12,300 | ₹1,62,300 |
| 2 | 4 | ₹1,50,000 | ₹25,609 | ₹3,37,909 |
| 3 | 5 | ₹1,50,000 | ₹40,009 | ₹5,27,917 |
| 4 | 6 | ₹1,50,000 | ₹55,589 | ₹7,33,506 |
| 5 | 7 | ₹1,50,000 | ₹72,448 | ₹9,55,954 |
| 6 | 8 | ₹1,50,000 | ₹90,688 | ₹11,96,642 |
| 7 | 9 | ₹1,50,000 | ₹1,10,425 | ₹14,57,067 |
| 8 | 10 | ₹1,50,000 | ₹1,31,779 | ₹17,38,846 |
| 9 | 11 | ₹1,50,000 | ₹1,54,885 | ₹20,43,732 |
| 10 | 12 | ₹1,50,000 | ₹1,79,886 | ₹23,73,618 |
| 11 | 13 | ₹1,50,000 | ₹2,06,937 | ₹27,30,554 |
| 12 | 14 | ₹1,50,000 | ₹2,36,205 | ₹31,16,760 |
Formula used
- Each year: Balance = (Balance + Deposit) × (1 + r)
- Deposits for the first 15 years; years 16–21 earn interest only.
Assumptions
- Default rate 8.2% p.a. (October–December 2026 quarter). The rate can change every quarter and applies to the whole balance.
- Deposit limits: ₹250 to ₹1,50,000 per financial year.
- Deposits are assumed at the start of each financial year (before 5 April).
Scheme rates and rules as on: October–December 2026 quarter. You can change rates in the calculator.
Disclaimer
This calculator provides illustrative estimates only, based on the inputs and assumptions you enter. Results are not guaranteed, do not reflect the performance of any specific product, and do not consider taxes, charges or inflation unless stated. They are not investment advice. Mutual fund investments are subject to market risks. Read all scheme related documents carefully.
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