What is â¹1,000 Per Month in Sukanya Samriddhi Yojana?

It means investing â¹1000 monthly (â¹12000 per year) in a Sukanya Samriddhi Yojana account. This disciplined contribution helps build a corpus over time by compounding. It is a practical method that parents use to save slowly towards the future of their girl child in terms of finances needed to invest in education or marriage.

Are Deposits Allowed After 15 Years in a Sukanya Samriddhi Account?

No, the maximum period of deposit is not beyond 15 years after the account is opened. Any additional contributions after this period are prohibited. Nevertheless, the current balance still earns interest until it becomes due after 21 years of the opening date of the account.

What Is the Maximum Number of Sukanya Samriddhi Accounts Allowed Per Family?

A maximum of two Sukanya Samriddhi accounts can be opened in a family, usually for two girl children. There are exceptions where more than two accounts can be allowed, e.g., in case of twin or triplet girls at birth (second birth), more than two accounts may be allowed with valid proof.

What does â¹1,500 per month mean in Sukanya Samriddhi Yojana (Post Office)?

A â¹1,500 monthly deposit equals â¹18,000 annually. Over 15 years, the total investment becomes â¹2.7 lakh. With an assumed 8% interest rate, the maturity value after 21 years can reach approximately â¹12.5ââ¹13 lakh, making it a structured savings option for a girl childâs future.

Who is eligible to open a Sukanya Samriddhi Yojana account?

A Sukanya Samriddhi Yojana account can be opened for a girl child below 10 years of age. The account must be opened by a parent or legal guardian, and only one account is allowed per child.

Sukanya Samriddhi Yojana (SSY)

Post Office Sukanya Samriddhi Yojana Monthly 1000

The Post Office Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed to secure a girl child’s financial future. With a competitive interest rate notified by the government and revised quarterly (currently 8.2%), it offers attractive long-term returns, disciplined savings, and tax benefits, making it a reliable investment option.

Current interest rate

8.2_%

Highest among all small savings schemes

Tax Benefit

₹1.5_L

Annual deduction under Section 80C

Maturity At

21_yrs

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.

See what she'll receive

Adjust the investment to see her projected corpus

Yearly Investment Amount

₹

₹250
₹1,50,000

Child’s current age

Yrs

Newborn
1
2
3
4
5
6
7
8
9
10 Yrs

I want to start investing in

Yrs

Calculate

See what she'll receive

Adjust the investment to see her projected corpus

Yearly Investment

₹10,000

Over 15 years

Maturity value

₹35.2L*

Invest ₹10k/month your child will get ₹1 Cr^# Tax-Free^*

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+91

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Sukanya Samriddhi Yojana Calculator

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

Explore Tax Saving Funds

^*for market linked plans only

What is the Post Office Sukanya Samriddhi Yojana?

The Post Office Sukanya Samriddhi Yojana is part of the Beti Bachao, Beti Padhao initiative, focused on securing the financial future of a girl child. An account can be opened at a post office or an authorised bank on behalf of a girl under the age of 10 years.

Sukanya Samridhi Yojana investment has a maturity of 21 years. It is important to note that during the initial 15 years, applicants should make at least one contribution per year to maintain the account. A ₹1000 monthly deposit will make your annual contribution ₹12,000.

It is not compulsory to contribute between the 16th and 21st years. The current balance still earns interest at the current rate and the final maturity value increases due to compounding.

Role of Sukanya Samridhi Yojana Calculator

Applicants may use the Sukanya Samriddhi Yojana calculator to estimate the final maturity amount. It is based on the following formula:

Let’s say you invest ₹12,000 annually over 15 years; the total contribution becomes ₹1.8 lakh. This sum still attracts interest for 21 years, even after the deposits are no longer made, hence the maturity amount increases significantly.

Benefits of Investing ₹1000 Monthly in Post Office SSY

Below are the benefits of investing ₹1,000 monthly in a Post Office Sukanya Samriddhi Yojana account:

Affordable Investment: With just ₹1000 per month, parents contribute ₹12,000 in a year.
Wealth Creation: Over 15 years of deposit, this consistent investment grows into a large corpus with compounded interest.
Tax Savings: Contributions qualify for deductions under Section 80C, making it a dual benefit plan.
Girl Child Security: The Sukanya Samriddhi Yojana scheme ensures financial independence and support for her future educational and marriage expenses.

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

Bank of Maharashtra Sukanya Samriddhi Yojana

Andhra Bank Sukanya Samriddhi Account

UCO Bank Sukanya Samriddhi Yojana

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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

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Sukanya Samriddhi Yojana Closure at Maturity

The following are the major regulations concerning maturity, withdrawal, and closure of the account:

Maturity Period: This account matures after 21 years of opening or earlier in case the girl marries after the age of 18 years.
Eligibility for Withdrawal: Up to 50% of the balance (from the end of the preceding financial year) can be withdrawn for education once the account holder turns 18 or passes Class 10, whichever is earlier.
Mode of Withdrawal: Withdrawals can be made as a lump sum or in instalments, limited to one withdrawal per year for a maximum of five years.
Purpose of Withdrawal: The amount withdrawn must correspond to actual education expenses, supported by admission proof or fee slips.
Closure on Death: In case of the account holder’s death, the account is closed upon submission of a death certificate, and the balance with applicable interest is paid to the guardian.
Interest After Death: Interest from the date of death until account closure is calculated as per Post Office Savings Account rates.
Premature Closure Conditions: Allowed after 5 years in exceptional cases such as life-threatening illness of the account holder, death of the guardian, or extreme financial hardship.

Using the SSY calculator, the maturity value will be:

Approximately ₹5-6 lakh depends on prevailing SSY interest rate, currently 8.2% for Q1 FY (2026-27)

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 *

Conclusion

Investing ₹1000 monthly in the Post Office Sukanya Samriddhi Yojana is an affordable and secure way to build a large corpus for your daughter’s future. By using the Post Office SSY Calculator, parents can clearly estimate returns and make this savings plan the best investment plan for safeguarding their child’s education and marriage needs.

FAQs

What is ₹1,000 Per Month in Sukanya Samriddhi Yojana?

It means investing ₹1000 monthly (₹12000 per year) in a Sukanya Samriddhi Yojana account. This disciplined contribution helps build a corpus over time by compounding. It is a practical method that parents use to save slowly towards the future of their girl child in terms of finances needed to invest in education or marriage.
Are Deposits Allowed After 15 Years in a Sukanya Samriddhi Account?

No, the maximum period of deposit is not beyond 15 years after the account is opened. Any additional contributions after this period are prohibited. Nevertheless, the current balance still earns interest until it becomes due after 21 years of the opening date of the account.
What Is the Maximum Number of Sukanya Samriddhi Accounts Allowed Per Family?

A maximum of two Sukanya Samriddhi accounts can be opened in a family, usually for two girl children. There are exceptions where more than two accounts can be allowed, e.g., in case of twin or triplet girls at birth (second birth), more than two accounts may be allowed with valid proof.
What does ₹1,500 per month mean in Sukanya Samriddhi Yojana (Post Office)?

A ₹1,500 monthly deposit equals ₹18,000 annually. Over 15 years, the total investment becomes ₹2.7 lakh. With an assumed 8% interest rate, the maturity value after 21 years can reach approximately ₹12.5–₹13 lakh, making it a structured savings option for a girl child’s future.
Who is eligible to open a Sukanya Samriddhi Yojana account?

A Sukanya Samriddhi Yojana account can be opened for a girl child below 10 years of age. The account must be opened by a parent or legal guardian, and only one account is allowed per child.