What is Sukanya Samriddhi Yojana Calculator?
The Sukanya Samriddhi Yojana Calculator helps you estimate the maturity amount of the SSY scheme. SSY is a government-backed savings scheme for the girl child with a 21-year maturity period, where deposits are made for the first 15 years and the investment grows for the remaining 6 years.
Why Use Sukanya Samriddhi Yojana Calculator?
SSY offers one of the highest interest rates among government savings schemes, and the returns are tax-free. This calculator helps you see how much your annual deposits will grow to by the maturity date, helping you plan for your daughter's education or marriage expenses.
How to Use
Enter the yearly deposit amount (₹250 to ₹1,50,000) and the current SSY interest rate. The calculator shows the total amount deposited over 15 years and the maturity value after 21 years.
Example Usage
Depositing ₹1,50,000 per year at 8.2% interest rate — your total deposit over 15 years would be ₹22,50,000, and the maturity amount after 21 years would be approximately ₹69,27,578.
Benefits
Plan your daughter's financial future with confidence. See the power of compounding over the 21-year maturity period. Compare different annual deposit amounts to find what fits your budget.