How to use the Sukanya Samriddhi Calculator
- 1. Enter your yearly depositAny amount from ₹250 to ₹1.5 lakh a year.
- 2. Add your daughter's ageThis shows her age for each year in the table.
- 3. See the maturityGet the final amount and the balance for all 21 years.
Deposits for 15 years, interest for 21
This is what makes SSY different. You pay in for only the first 15 years. The account then keeps earning for 6 more years with nothing further from you, until it matures 21 years after opening.
Interest compounds yearly and is credited at the end of each financial year. Like PPF, it is worked out on the lowest balance between the 5th and month end, so early deposits earn more.
Worked example: ₹1,50,000 a year at 8.2%, paid by 5 April. After 15 years you have deposited ₹22,50,000 and the balance is ₹44,75,989. No more deposits go in, but it grows by 8.2% each year for 6 more years to reach ₹71,82,119. The interest is ₹49,32,119.
Paying ₹12,500 a month instead gives ₹69,32,648, since each month's deposit earns for less time.
About the rate
8.2% is the Oct-Dec 2026 rate. It changes quarterly and applies to your whole balance, so a 21-year estimate can only be a guide. Try a lower rate in the box to see a careful number.
Key rules
- Who. A parent or guardian opens it for a girl under 10.
- How many. One account per girl, and normally up to two girls in a family.
- Limit. ₹250 minimum and ₹1.5 lakh maximum a financial year.
- Part withdrawal. Up to 50% of the balance can be taken for her education once she turns 18.
- Tax. Interest and maturity are tax-free, and deposits can get 80C benefit under the old regime.
Saving for a goal with market exposure? Compare with the step-up SIP calculator. And use the inflation calculator to see what today's college fees could cost in 21 years.
Frequently asked questions
Why does the calculator show no deposits after year 15?
Because SSY deposits stop after 15 years from opening. Interest keeps running until the account matures at 21 years.
Does the 21 years start from my daughter's birth?
No. It runs from the date you open the account. If she is 5 at opening, she will be 26 at maturity.
What if I miss a yearly deposit?
The account goes inactive unless at least ₹250 is paid each year. You can revive it by paying the missed amounts and a small penalty.
Is the Sukanya Samriddhi calculator free?
Yes. You enter your name and WhatsApp number once to see your result, and all other Uncodemy tools then open without the form.