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Sukanya Samriddhi Yojana (SSY)
Post Office Sukanya Samriddhi Yojana Monthly 5000
The Post Office Sukanya Samriddhi Yojana (SSY) is a flagship small savings scheme backed by the Government of India, designed to encourage parents and legal guardians to build a secure financial corpus for their girl child's education and marriage. Investing a fixed amount monthly, such as ₹5,000, can lead to a substantial, tax-free maturity amount.
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.
Inbuilt Life Cover
One Step Toward Your Daughter's Future
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Sukanya Samriddhi Yojana (SSY)
- Post Office Sukanya Samriddhi Yojana Monthly 5000
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
Sukanya Samriddhi Yojana Monthly 5000 Chart
- Monthly deposit: ₹5,000 → Annual: ₹60,000
- Interest rate: 8.2% p.a. (compounded annually)
- Deposit period: 15 years
- Maturity: 21 years from account opening
Sukanya Samriddhi Yojana 5000 Per Month Chart
| Year | Total Invested | Interest Earned | Total Corpus |
| 1 | ₹60,000 | ₹4,920 | ₹64,920 |
| 3 | ₹1,80,000 | ₹30,147 | ₹2,10,147 |
| 5 | ₹3,00,000 | ₹81,957 | ₹3,81,957 |
| 7 | ₹4,20,000 | ₹1,68,149 | ₹5,88,149 |
| 10 | ₹6,00,000 | ₹3,88,544 | ₹9,88,544 |
| 12 | ₹7,20,000 | ₹6,18,393 | ₹13,38,393 |
| 15 | ₹9,00,000 | ₹11,35,875 | ₹20,35,875 |
| 18 | ₹9,00,000 (no new deposits) | ₹16,80,928 | ₹25,80,928 |
| 21 (Maturity) | ₹9,00,000 | ₹23,81,024 | ₹32,81,024 |
Depositing ₹5,000/month for 15 years turns ₹9 lakh into nearly ₹33 lakh, with zero deposits in the last 6 years, the money still grows purely on interest. That's the SSY wealth-building story at higher monthly contributions.
Conclusion
The Post Office Sukanya Samriddhi Yojana, with a disciplined monthly contribution of ₹5,000, stands out as a powerful, low-risk, and highly tax-efficient tool for securing your girl child's future. It combines a competitive, government-guaranteed interest rate with significant tax advantages, ensuring you accumulate a large, tax-free corpus that will be ready exactly when it is needed the most.
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
FAQs
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Can I open multiple SSY accounts?
No, only one account is permitted per girl child. A family can open a maximum of two accounts, one for each girl child. Exceptions exist for twins/triplets. -
What happens after the 15-year deposit period?
You are not required to make any further deposits. The accumulated balance will continue to earn interest at the prevailing rate from the 16th year until the scheme matures at the end of the 21st year. -
What are the tax benefits of the ₹5,000 monthly contribution?
Your total annual contribution of ₹60,000 is fully eligible for a deduction under Section 80C of the Income Tax Act, 1961, up to the overall limit of ₹1.5 Lakh. The interest earned and the final maturity amount are both tax-free (EEE benefit).
Investment
Secure
Secure your Child’s
Career Goal
Career Goal
Start Investing ₹10,000/Month
& Get ₹1 Crore*
*Standard T & C Apply
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Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or
insurance product offered by an insurer.
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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.