👧 Sukanya Samriddhi Yojana Calculator
Calculate returns on SSY investments for girl child
Minimum ₹250, Maximum ₹1,50,000 per year
Current SSY interest rate is around 8.2% (varies quarterly)
Account matures when the girl child turns 21 years
How to Use This Calculator
Enter Annual Deposit
Input the amount you want to deposit annually in SSY (₹250 to ₹1,50,000).
Enter Interest Rate
Input the SSY interest rate (currently around 8.2%, varies quarterly).
Enter Investment Period
Input the investment period (account matures when the girl child turns 21 years).
Formula
SSY Maturity Value = P × [((1 + r)^n - 1) / r]
Where P = Annual Deposit, r = Interest Rate, n = Number of Years
About Sukanya Samriddhi Yojana Calculator
The Sukanya Samriddhi Yojana Calculator calculates returns on Sukanya Samriddhi Yojana (SSY) investments. SSY is a savings scheme launched by the Government of India for the benefit of the girl child. The account can be opened for a girl child below 10 years of age and matures when she turns 21 years.
SSY offers tax benefits under Section 80C (up to ₹1.5 lakh), tax-free interest, and tax-free maturity. The minimum annual deposit is ₹250, and the maximum is ₹1,50,000. The interest rate is set by the government quarterly and is typically around 8-9% per annum. SSY is an excellent savings instrument for girl child's education and marriage expenses.
When to Use This Calculator
- Girl Child Planning: Calculate SSY returns for girl child's future
- Tax Planning: Plan SSY investments for tax savings
- Financial Planning: Estimate SSY returns for financial goals
Why Use Our Calculator?
- ✅ Accurate Calculations: Uses SSY compound interest formula
- ✅ Easy to Use: Simple interface for quick calculations
- ✅ Free Tool: No registration required
Frequently Asked Questions
What is Sukanya Samriddhi Yojana?
SSY is a savings scheme for the girl child launched by the Government of India. The account can be opened for a girl child below 10 years and matures when she turns 21. It offers tax benefits and attractive interest rates.
What are SSY deposit limits?
SSY allows annual deposits between ₹250 (minimum) and ₹1,50,000 (maximum). You can make multiple deposits throughout the year, but the total annual deposit cannot exceed ₹1,50,000.