Sukanya Samriddhi Yojana Calculator: How Much You Get at Maturity
Sukanya Samriddhi Yojana (SSY) is one of the highest-returning government savings schemes for a girl child — but the maturity math confuses many parents because you deposit for 15 years while the account matures at 21. This guide shows exactly how the maturity amount is calculated, with worked examples for common deposit amounts, and a free calculator to run your own numbers.
How the SSY maturity amount works
Two timelines matter:
- Deposit period: 15 years from opening — you add money each year.
- Maturity: 21 years from opening — the balance keeps compounding for the last 6 years even without new deposits.
Interest (recently 8.2% per year) is compounded annually. That extra 6 years of compounding on a large balance is what makes SSY so powerful.
Worked examples (at 8.2%)
These are approximate figures assuming a steady 8.2% rate for the full term. Actual results depend on the rate each year.
| Yearly deposit | Total deposited (15 yrs) | Approx. maturity (21 yrs) |
|---|---|---|
| ₹12,000 (₹1,000/mo) | ₹1,80,000 | ~₹5.5 lakh |
| ₹60,000 (₹5,000/mo) | ₹9,00,000 | ~₹27.7 lakh |
| ₹1,50,000 (max) | ₹22,50,000 | ~₹69–72 lakh |
Notice how the maturity amount is roughly three times what you deposit — that's the compounding effect over 21 years.
Run your own number
Open the Sukanya Samriddhi Calculator, enter your yearly deposit and the current rate, and see your projected maturity amount instantly. Want to understand the eligibility and rules first? Read How Sukanya Samriddhi Yojana Works. To compare with other options, try the PPF Calculator.
Frequently Asked Questions
How is the Sukanya Samriddhi maturity amount calculated?
You deposit for 15 years, but the account keeps earning compound interest until it matures at 21 years from opening. The calculator compounds your yearly deposits at the current rate (8.2%) and continues compounding the balance for the remaining years to give the maturity value.
How much do I get if I deposit ₹1.5 lakh per year in SSY?
Depositing the maximum ₹1,50,000 every year for 15 years at 8.2% can grow to roughly ₹69–72 lakh by maturity at 21 years, depending on the exact rate over time. Use the calculator with the current rate for your own figure.
What is the current SSY interest rate?
The Sukanya Samriddhi rate is set by the government each quarter. It has recently been 8.2% per year, compounded annually, but it can change — always confirm the latest rate before relying on a projection.
How many years do I deposit money in SSY?
You make deposits for 15 years from the date of opening. After that, no further deposits are needed, but the account continues to earn interest until it matures 21 years after opening.
Is Sukanya Samriddhi maturity amount tax-free?
SSY has EEE (exempt-exempt-exempt) status: the deposit qualifies for a deduction under section 80C, and both the interest earned and the maturity amount are tax-free under current rules.
Try the Sukanya Samriddhi Calculator