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Sukanya Samriddhi Yojana (SSY)
Sukanya Samriddhi Yojana Calculator - State Bank of India
The Sukanya Samriddhi Yojana (SSY), a government-backed savings scheme, is a popular choice for parents looking to secure their daughter's future. The State Bank of India (SBI) SSY Calculator is an online tool that helps you estimate the potential returns on your investments.
Current interest rate
8.2%
Highest among all small savings schemes
Tax Benefit
₹1.5L
Annual deduction under Section 123 (formerly 80C)
Maturity At
21yrs
Or on her marriage after age 18
Flexible contribution
Start with ₹250 and invest up to ₹1.5L per year.
Sovereign guarantee
Backed by Government of India - zero default risk.
Triple tax benefit
EEE status - exempt on deposit, interest & maturity.
Partial withdrawal
Withdraw up to 50% after age 18 for higher education.
In-Built life cover
One Step Toward Your Daughter's Future
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Home
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Life Insurance
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Child Plans
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Sukanya Samriddhi Yojana
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SBI Sukanya Samriddhi Yojana
- Sukanya Samriddhi Yojana Calculator - State Bank of India
What is Sukanya Samriddhi Yojana Calculator - State Bank of India?
The SBI SSY Calculator is an online tool that allows you to calculate the maturity amount of your SSY investment. By inputting key details like the annual deposit, your daughter's age, and the starting year of the investment, you can get an estimate of the total amount you'll receive at maturity.
Sukanya Samriddhi Yojana Calculator
Latest SSY interest rates: 8.20%
You can invest a maximum amount up to ₹1,50,000
Yearly
- ₹250
- ₹1,50,000
Govt. allows maximum age of enrollment to 10 years
Years
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Investment term is 21 years
Year
Total investment
₹1.5 Lakh
Total interest
₹3.3 Lakh
Maturity year
2047
Maturity value
₹4.8 Lakh
*for market linked plans only
How to Use Sukanya Samriddhi Yojana Calculator - State Bank of India From Policybazaar?
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On the given: Access the SBI SSY Calculator given on the page above.
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Enter Your Data:
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Input your desired annual deposit amount.
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Specify your daughter's current age.
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Select the starting year of the investment.
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Pre-Filled Interest Rate: The current SSY interest rate will be pre-filled.
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Results: The calculator will display the following results:
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Maturity amount
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Total investment
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Earned interest
Illustration of Sukanya Samriddhi Yojana Calculator - State Bank of India
Let's consider an example:
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Yearly Deposit: ₹1,50,000
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Girl's Age: 8 years
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Starting Year: 2025
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Interest Rate: 8.2% (current rate)
The calculator will provide the following outputs:
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Total Investment: ₹22,50,000
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Total Interest Earned: ₹46,77,578
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Maturity Year: 2045
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Maturity Value: ₹69,27,578
Invest More Get More
Invest ₹10K/Month YOU GET ₹1 Crores* For Your Child
Invest ₹8K/Month YOU GET ₹80 Lakhs* For Your Child
Invest ₹5K/Month YOU GET ₹50 Lakhs* For Your Child
Standard T&C Apply *
Overview of Sukanya Samriddhi Yojana
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Eligibility: Open to a girl child under 10 years of age.
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Tenure: 21 years or until marriage after 18 years of age.
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Minimum Deposit: ₹250 per year.
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Maximum Deposit: ₹1.5 lakh per year.
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Interest Rate: 8.2% per annum in 2025 (subject to change).
People also read: Child Education Plan
Who Can Use the SSY Calculator - State Bank of India in 2026?
This calculator is ideal for:
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Parents/Guardians: Planning their daughter’s education or marriage.
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Financial Advisors: Assisting clients with SSY investments.
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General Users: Exploring the benefits and returns of the SSY scheme.
How Can SSY Calculator - State Bank of India Help You?
The SSY calculator SBI can help you in the following way:
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Financial Clarity: Understand how much to save periodically.
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Goal Setting: Set realistic financial targets for your daughter's future.
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Scenario Analysis: Compare multiple savings plans to choose the best option.
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 – Punjab National Bank
Expand
What are the Benefits of Using an SBI SSY Calculator by Policybazaar?
Below are the benefits of Policybazaar’s State Bank of India SSY calculator:
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Ease of Use: Simple and user-friendly interface.
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Real-Time Results: Instant calculations based on provided data.
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Customization: Adjust deposit amounts and other parameters for tailored results.
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Accuracy: Reliable estimations for better financial planning.
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Convenience: Accessible online, anytime, anywhere.
Conclusion
The SBI SSY Calculator is a valuable tool for parents and investors to plan for their daughter's future. By using this calculator, you can make informed decisions and ensure a secure financial future for your child.
FAQs
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What is the minimum and maximum annual deposit in SSY?
The minimum annual deposit is ₹250, and the maximum is ₹1.5 lakh. -
Can I withdraw money from the SSY account before maturity?
Partial withdrawals are allowed under specific conditions, such as for higher education expenses. However, these withdrawals are subject to certain rules and regulations. -
How can I use the SSY Calculator?
You can use the SSY Calculator on various financial websites and mobile apps. Simply input the required information, and the calculator will provide the estimated maturity amount. -
Is the SSY Calculator accurate?
The SSY Calculator provides accurate estimates based on the input data and the current interest rate. However, future interest rate changes may affect the actual returns.
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˜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.