Sukanya Samriddhi Yojana

Secure your daughter's future with the Sukanya Samriddhi Yojana, a government-backed savings scheme designed to provide financial stability and growth.

Yearly Investment



Girl's Age




Starting Year



Interest Rate


Total Investement


Interest Earned


Maturity Year


Maturity amount


Total Investment

Interest Earned

The Sukanya Samriddhi Yojana (SSY) is meant to ensure a more financially secure future for the girl child. And the SSY calculator is a valuable tool for parents or guardians of girls. We invite you to take a minute to learn more about it.

About Sukanya Samriddhi Yojana

The Sukanya Samriddhi Yojana is a small deposit scheme by the Ministry of Finance. It was created exclusively for girl children. Launched in 2015 as part of the Beti Bachao campaign, the scheme aims to promote the welfare and financial security of the girl child. The scheme also encourages long-term savings.


SSY essentially allows guardians to open a savings account for their girl child with any authorized commercial bank or India Post branch. It comes with an attractive 8% interest rate and tax benefits.


Eligibility depends on two things. Firstly, the child and parent/guardian must be an Indian residents. Secondly, the girl child must not be more than 10 years of age at the time of account opening.

Sukanya Samriddhi Yojana calculator

The Sukanya Samriddhi Yojana calculator is a tool that helps SSY investors estimate the future value of their investments. It determines the returns they would receive, on the basis of the amount invested and tenure.


Users need to respond to the calculator’s prompt, sharing information such as the initial deposit amount, annual contributions, interest rate, and investment tenure. The calculator will use these inputs to compute the maturity amount in an instant.


The calculator empowers individuals to make better informed investment decisions.

How does the Sukanya Samriddhi Yojana calculator work?

The SSY calculator relies on the inputs provided by the user. The inputs this calculator requires include:

  • The initial deposit amount,
  • The annual contribution users plan to make,
  • The scheme’s prevailing interest rate (which is subjected to periodic revisions), and
  • The duration for which the user intends to make contributions. 


With this data, the calculator applies the compound interest formula and estimates the future value of the investment.

How to use SSY calculator online

Our SSY calculator is super easy to use. It will display the outcome instantly when you follow these steps:


Step 1: Go to our online SSY calculator.


Step 2: Enter the initial investment amount and investment amount per year.


Step 3: Put in the age of the girl child.


Step 4: Add the year in which you will begin investing and the duration you wish to invest for.


It is important to note that SSY scheme maturity duration is 21 years. Our calculator will factor in the details you provide and automatically display the maturity year and amount.

Benefits of using the SSY calculator 

There are several benefits of using an SSY calculator. Some of them are discussed below.


  • Accurate projections

This SSY online calculator’s projections are pretty accurate. The only thing that can impact its accuracy score negatively is wrong user inputs. That means, as the calculator eliminates the need for manual computation, the potential for human error is minimal.

  • High interest rates

The Sukanya Samriddhi Yojana offers some of the highest interest rates. Currently, the interest rate for this scheme is 8% per annum. This is the highest in comparison to other government-backed long-term investment schemes.

  • Error-free results

The calculator relies on user inputs. So as long as the inputs are correct, there is no room for error.


  • Quick results

Manual computation takes a lot of time. One needs to adjust various elements—like initial deposit, annual contributions, tenure, and interest rate—and doing that takes time.


  • Comparison and evaluation

The SSY calculator helps compare different investment options or strategies. All users have to do is adjust the variables to factor in their investment goals. The calculator will use this data to evaluate various scenarios, helping users make better investments.


The Sukanya Samriddhi Yojana scheme has several benefits for girl children. It encourages parents or guardians to build a fund for the future education and marriage expenses of the child. Another plus point of the SSY scheme is the tax benefits it offers. The scheme also comes with one of the highest rates of interest among all the small savings schemes.


Given all these benefits, SSY is an investment option you must consider. And to help you make your decision, of course, our calculator will help. The calculator helps users plan their savings, make informed investment decisions, and understand the potential growth of their investment.


1.What is the eligibility for a Sukanya Samriddhi Yojana account?

The eligibility for a Sukanya Samriddhi Yojana account are: the girl child must be below the age of 10 and an Indian resident.

2.How many accounts can be created under SSY?

Parents or legal guardians are allowed to create only one SSY account for each girl child. And should they have two or more girl children, they can open a maximum of two accounts. The only exception to this rule is in the case of twins or triplets.

3.What is the minimum amount required to open an SSY account?

The minimum deposit amount required for an SSY account is ₹250.

4.What happens when I do not make any deposits in my SSY account?

If no deposits are made, an SSY account becomes inactive. However, it can be revived by paying a penalty of ₹50.

5.What is the maturity period of an SSY account?

The maturity period of SSY is 21 years from the account opening date or upon the girl’s marriage, whichever is earlier.

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