Sukanya Samriddhi Yojana Calculator

The Sukanya Samriddhi Yojana is a government savings scheme which aims to ensure a strong financial future for the girl child. A Sukanya Samriddhi Calculator can help you measure your returns on investment over a time horizon.

Latest SSY interest rates: 8.20%

I want to invest

You can invest a maximum amount up to ₹1,50,000

Yearly ₹

₹250
₹1,50,000

My daughter's age

Govt. allows maximum age of enrollment to 10 years

Years

I want to start investing in

Investment term is 21 years

Year

Total investment

₹1.5 Lakh

Total interest

₹3.3 Lakh

Maturity year

2047

Maturity value

₹4.8 Lakh

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Your Name

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Mobile Number

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Written By: Ridhi Anand

Ridhi Anand Financial Expert

Ridhi Anand is a finance advisor with over five years of experience in personal finance, savings schemes, and wealth planning. She helps individuals and families make informed financial decisions by simplifying complex financial concepts and providing practical, goal-oriented guidance. She closely tracks policy changes, interest rate revisions, and updates to savings and investment schemes to ensure her insights remain accurate and relevant. Through her writing, Ridhi aims to help readers better understand their financial options and make confident decisions for their future.

What is the Sukanya Samriddhi Yojana Calculator?

The Sukanya Samriddhi Yojana Calculator is an online tool that allows users to calculate the potential returns on their investments through the SSY Scheme.

The calculator takes the following details into account:

Yearly investment amount
Age of Girl Child
Starting year of your investment

How to Use the Sukanya Samriddhi Yojana Calculator from Policybazaar?

Follow the three simple steps mentioned below to learn the use of Policybazaar’s Sukanya Samriddhi calculator:

Step 1: Open the Sukanya Samriddhi Yojana calculator.

Step 2: Enter the following information in the SSY calculator:

The yearly amount of investment
The entry age of the girl child
Starting year of investment

Step 3: Click the "Calculate" button.

Final Result: The Sukanya Samriddhi Yojana calculator will show you the following results:

Total Amount of Investment
Total Interest Earned
Total Maturity Amount
Maturity Year of SSY Account

How Does the Sukanya Samriddhi Yojana Calculator Work?

For example:

Let’s assume the SSY account again offers an interest rate of 8.2% p.a. If you put Rs. 30,000 each year into an SSY account for 21 years, compound interest works its magic. By the end, you'll get Rs. 14,36,424 at maturity. The table below illustrates the calculations for each year:

Year	Opening Balance (Rs.)	Deposit (Rs.)	Interest (Rs.)	Closing Balance (Rs.)
1	0	30,000	2,460	32,460
2	32,460	30,000	5,122	67,582
3	67,582	30,000	7,974	1,05,556
4	1,05,556	30,000	11,017	1,46,573
5	1,46,573	30,000	14,271	1,90,844
6	1,90,844	30,000	17,744	2,38,588
7	2,38,588	30,000	21,446	2,90,034
8	2,90,034	30,000	25,389	3,45,423
9	3,45,423	30,000	29,590	4,05,013
10	4,05,013	30,000	34,064	4,69,077
11	4,69,077	30,000	38,825	5,37,902
12	5,37,902	30,000	43,891	6,11,793
13	6,11,793	30,000	49,283	6,91,076
14	6,91,076	30,000	55,021	7,76,097
15	7,76,097	30,000	61,127	8,67,224
16	8,67,224	0	71,118	9,38,342
17	9,38,342	0	76,945	10,15,287
18	10,15,287	0	82,804	10,98,091
19	10,98,091	0	89,621	11,87,712
20	11,87,712	0	97,585	12,85,297
21	12,85,297	0	1,05,986	14,36,424

Maturity Amount for Different Investments

The table below shows the final amount you will receive at maturity based on different annual deposit amounts:

Amount Invested Annually	Total Investment	Interest Earned	Maturity Amount (after 21 years)
15,000	2,25,000	4,10,504	6,35,504
30,000	4,50,000	9,86,424	14,36,424
60,000	9,00,000	19,72,847	28,72,847
90,000	13,50,000	29,59,271	43,09,271
1,20,000	18,00,000	39,45,695	57,45,695
1,35,000	20,25,000	44,38,908	64,63,908

Tax Benefits Calculation of Sukanya Samriddhi Yojana

The Sukanya Samriddhi Yojana enjoys the EEE status. This guarantees the following under the scheme:

Tax Deductions: Your investment qualifies for up to ₹1.5 lakh in tax deduction under Section 80C of the Income Tax Act.
Tax-Free Interest: The interest accrued on the investment is also free of any taxes.
Tax-Free Maturity: The final maturity amount is also tax-free for the Sukanya Samriddhi Yojana.

Example Tax Calculation

If your annual income is Rs. 7,50,000 and you have invested Rs. 1,35,000 in Sukanya Samriddhi Yojana, your taxable income would be calculated as follows:

Yearly Income = Rs. 7,50,000
Standard deduction = Rs. 50,000
Deduction under Section 80C for SSY = Rs. 1,35,000
Your final taxable income would be = Rs. 5,65,000

You will pay a tax of Rs. 33,800. If you had not invested in Sukanya Samriddhi Yojana, you would have paid a tax of Rs. 59,400.

In Policybazaar’s Sukanya Samriddhi Yojana calculator, you just need to enter the yearly investment amount, the age of the girl child, and the investment start year, and the calculator will show you the maturity amount instantly.

Invest More Get More

Invest ₹10K/Month YOU GET ₹1 Crores^* For Your Child View Plans

Invest ₹8K/Month YOU GET ₹80 Lakhs^* For Your Child View Plans

Invest ₹5K/Month YOU GET ₹50 Lakhs^* For Your Child View Plans

Standard T&C Apply *

Who Can Use the SSY Calculator 2026?

If you are eligible for the Sukanya Samriddhi Yojana Scheme, you could use the calculator to plan your investments in the scheme. The following are the eligibility criteria for the scheme:

Parent/Guardian

Parent or legal guardian of girl child (below 10 years).
Girl must be Indian resident until maturity.

Families With Two Girl Children

Max two accounts per family.
Third allowed if second birth is twins.

People Looking to Save Tax

Investments qualify for a deduction up to ₹1.5 lakh under Section 80C.
Tax-free interest and maturity for investors.

Advantages of using the Sukanya Samriddhi Calculator

Below are the key benefits of the Sukanya Samriddhi Yojana calculator:

Accessible: You can access the calculator at any anytime, anywhere on your phone or computer without any hassle.
Efficient calculation: The calculator efficiently crunches the compound interest numbers automatically, so you don't have to.
Reliable: Since the calculator uses current interest rates for projections, it is a highly reliable tool to calculate the final value of your corpus at the end of the maturity period.
Efficient Planning: The calculator allows you to efficiently plan your investments so that you can invest the right amount of money in order to build your dream corpus for your dream child, which is also tax-free.

What are the Benefits of Using an SSY Calculator?

Below are the key benefits of the Sukanya Samriddhi Yojana calculator:

Access it anytime, anywhere on your phone or computer without any hassle.
It crunches compound interest numbers automatically, so you don't have to.
Enter details and get answers right away for any scenario.
See exactly how much you'll need for her education or wedding.
Uses current interest rates for reliable projections.

Banks Offering SSY

SSY Calculators

Indian Overseas Bank Sukanya Samriddhi Yojana

IndusInd Bank Sukanya Samriddhi Yojana

Yes Bank Sukanya Samriddhi Yojana

Bank of India Sukanya Samriddhi Yojana

Kotak Bank Sukanya Samriddhi Account

Andhra Bank Sukanya Samriddhi Account

UCO Bank Sukanya Samriddhi Yojana

IDBI Bank Sukanya Samriddhi Yojana

Expand

Indian Bank- Sukanya Samriddhi Yojana Calculator

Sukanya Samriddhi Yojana- Central Bank of India Calculator

Canara Bank- Sukanya Samriddhi Yojana Calculator

Bank of Maharashtra- Sukanya Yojana Calculator

Sukanya Samriddhi Yojana Calculator Bank of India

Sukanya Samriddhi Yojana Calculator - Union Bank

Sukanya Samriddhi Yojana Calculator-UCO Bank

Sukanya Samriddhi Yojana Calculator - State Bank of India

Expand

SSY vs PPF

The following table lists the key differences between SSY and PPF

Parameter	SSY	PPF
Who Can Open	Parent/guardian for a girl child below 10 years	Any Indian resident, including minors, can open a PPF account
Current Interest Rate	8.2% p.a.	7.1% p.a.
Minimum Deposit	Rs. 250/year	Rs. 500/year
Maximum Deposit	Rs. 1,50,000/year	Rs. 1,50,000/year
Deposit Period	15 years from account opening	15 years (extendable in 5-year blocks)
Maturity Period	21 years from account opening	15 years from account opening
Partial Withdrawal	Up to 50% after girl turns 18 (for education only)	From year 7 onwards (limited conditions)
Loan Against Account	Not available	Available from year 3 to year 6
Premature Closure	Only on death or life-threatening illness	After 5 years (specific conditions)
Tax Benefit	EEE — exempt on deposit, interest, and maturity	EEE — exempt on deposit, interest, and maturity
Section 80C Deduction	Up to Rs. 1,50,000/year	Up to Rs. 1,50,000/year
Number of Accounts	Max 2 per family (1 per girl child)	1 per individual
Best Suited For	Long-term corpus for a girl child's education and marriage	General long-term savings for any individual

How Can You Use the Corpus Accumulated through SSY?

You can use the final corpus accumulated through SSY in the following manner

Higher Education: The main aim of SSY is to promote higher education in girls. Parents who have invested through SSY can use the final corpus to fund the higher education of their child.
Marriage: A part of the funds accumulated through SSY investments can also be used to fund the marriage expenses of a girl child. The corpus built through long-term investments can help a parent cover some wedding-related costs through the corpus earned through the SSY scheme.
Other Financial Endeavours: An SSY fund can also help a girl child start her own small businesses, attend vocational courses and strengthen herself financially in the long run. She can also start another investment through the funds accumulated through SSY and build long-term financial goals.

Conclusion

Policybazaar’s Sukanya Samriddhi Yojana Calculator can help you easily identify your investment goals and plan for the future of your daughter accordingly. The calculator, through it’s simple user interface, can help you calculate the final corpus for your investments and can help you readjust them as per your future financial goals. However, only investing in SSY might not be enough for your child’s future endeavours. It is thus recommended to explore other child plans to guarantee a secure future for your child.

FAQs

Why use Policybazaar's SSY Calculator?

Policybazaar’s SSY Calculator helps you easily estimate the maturity amount of your Sukanya Samriddhi Yojana account based on current interest rates, yearly deposits, and investment duration. It simplifies complex calculations to help you effectively plan your finances for your daughter’s future needs.
What is Sukanya Rs. 10,000 per month?

This means depositing Rs. 10,000 every month into the SSY account. Over the 15-year deposit period plus 6-year lock-in, this can grow to a significant corpus (potentially around Rs. 1 crore) with compounded interest at 8.2%.
How is Sukanya Samriddhi Yojana calculated by the post office?

The Post Office SSY calculator applies the government-set interest rate to annual or monthly contributions over the 21-year tenure. It sums deposits and compounded interest each year to estimate the maturity amount.
What is Sukanya Samriddhi Yojana 1500 per month post office?

Investing Rs. 1,500 monthly (Rs. 18,000 yearly) in SSY for 15 years can yield a maturity corpus of around Rs. 10-11 lakhs after 21 years, including compounded interest.
What is Sukanya 1000 per month?

It refers to monthly contributions of Rs. 1,000 in the SSY account. Such deposits over 15 years with 8.2% interest can mature to about Rs. 5.4 lakhs after 21 years.
What is SSY 5000 per month?

Investing Rs. 5,000 monthly (Rs. 60,000 annually) is a higher contribution level to build a larger corpus for the girl child. The maturity amount and interest earned can be calculated using the SSY calculator for this input.
How does the Policybazaar SSY Calculator calculate the maturity amount?

It calculates maturity by compounding the annual deposits with the current SSY interest rate (compounded yearly) over the investment period of typically 21 years. It adds up all deposits and interest accrued each year to provide the total maturity amount you can expect at the end of the scheme.
What is the deposit 2000 per month in Sukanya Samriddhi Yojana?

Depositing Rs. 2,000 monthly results in a maturity amount close to Rs. 10.78 lakhs after 21 years at 8.2% interest, assuming consistent monthly deposits for 15 years followed by a 6-year lock-in period.
What is the deposit for SSY after 15 years?

You can only deposit into the SSY account for 15 years from the account opening date. After 15 years, no further deposits are allowed, but the balance continues to earn interest until maturity at 21 years.
How much money will I get after 21 years of Sukanya Samriddhi Yojana?

Maturity depends on your total annual deposits and interest. For example, investing Rs. 50,000 annually for 15 years at 8.2% yields about Rs. 23.94 lakhs. Investing the maximum Rs. 1.5 lakh annually can grow to around Rs. 69.28 lakhs or more after 21 years.
How does the Policybazaar SSY Calculator help me?

The calculator shows you the expected maturity amount, total principal invested, and interest earned over the years. It allows you to adjust inputs like annual investment and tenure so you can visualize different saving scenarios and set realistic financial goals for education or marriage.
Is the amount calculated by the Sukanya Samriddhi Calculator Guaranteed?

No, while your principal amount remains safe and earns interest, the interest rate announced by the government can change, and thus the amount calculated by the SSY calculator is not absolute.
Does SSY Calculator include Tax benefits?

No; however, since SSY enjoys the EEE status, the final amount displayed by the calculator is already tax-free.
Why should I use an SSY calculator before investing?
You should use an SSY calculator to:
- Calculate your final corpus amount.
- Evaluate the corpus using different investment amounts and compare them.
- Plan your financial golas gor your daughter as per the corpus amount.

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.