Sukanya Samriddhi (SSY) calculator
Plan for your daughter's education or marriage with yearly SSY deposits.
Example result
- Maturity value
- ₹47,88,079
- Total deposited
- ₹15,00,000
- Interest earned (tax-free)
- ₹32,88,079
- Her age at maturity
- 24
Year-by-year
| Year | Her age | Deposited | Balance |
|---|---|---|---|
| 1 | 4 | ₹1,00,000 | ₹1,08,200 |
| 2 | 5 | ₹2,00,000 | ₹2,25,272 |
| 3 | 6 | ₹3,00,000 | ₹3,51,945 |
| 4 | 7 | ₹4,00,000 | ₹4,89,004 |
| 5 | 8 | ₹5,00,000 | ₹6,37,303 |
| 6 | 9 | ₹6,00,000 | ₹7,97,761 |
| 7 | 10 | ₹7,00,000 | ₹9,71,378 |
| 8 | 11 | ₹8,00,000 | ₹11,59,231 |
| 9 | 12 | ₹9,00,000 | ₹13,62,488 |
| 10 | 13 | ₹10,00,000 | ₹15,82,412 |
| 11 | 14 | ₹11,00,000 | ₹18,20,369 |
| 12 | 15 | ₹12,00,000 | ₹20,77,840 |
| 13 | 16 | ₹13,00,000 | ₹23,56,423 |
| 14 | 17 | ₹14,00,000 | ₹26,57,849 |
| 15 | 18 | ₹15,00,000 | ₹29,83,993 |
| 16 | 19 | ₹15,00,000 | ₹32,28,680 |
| 17 | 20 | ₹15,00,000 | ₹34,93,432 |
| 18 | 21 | ₹15,00,000 | ₹37,79,894 |
| 19 | 22 | ₹15,00,000 | ₹40,89,845 |
| 20 | 23 | ₹15,00,000 | ₹44,25,212 |
| 21 | 24 | ₹15,00,000 | ₹47,88,079 |
How this is calculated
Deposits are made at the start of each year for the first 15 years. The balance compounds annually at the SSY rate until maturity, 21 years after the account is opened. The default rate is the current notified rate from FID's rates table.
Questions
Who can open a Sukanya Samriddhi account?
A parent or legal guardian, for a girl child below 10 years of age. Deposits are made for 15 years and the account matures 21 years after opening.
Can money be withdrawn early?
Up to 50% of the balance can be withdrawn for education after she turns 18. FID's estimate assumes no withdrawals.
Estimates for educational purposes only. Not financial, tax or investment advice.