What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana (SSY) is a Government of India small-savings scheme for the girl child, launched under Beti Bachao Beti Padhao. A parent or legal guardian can open the account for a girl below 10 years.

What is the current SSY interest rate FY 2025-26?

The current SSY interest rate is 8.2% per annum, compounded annually. The rate is reviewed quarterly by the Ministry of Finance.

What is the minimum and maximum deposit in SSY?

Minimum deposit is ₹250 per financial year and the maximum is ₹1.5 lakh per financial year. Deposits can be made for 15 years.

When does the SSY account mature?

The SSY account matures 21 years from the date of account opening, or upon the girl's marriage after she turns 18 (whichever is earlier).

Are SSY returns tax-free?

Yes. SSY enjoys EEE status. Deposits qualify for 80C deduction up to ₹1.5 lakh, interest is tax-free, and maturity is fully exempt.

Can I withdraw money from SSY before maturity?

Up to 50% of previous year's balance can be withdrawn once the girl turns 18, for higher education or marriage.

SSY Calculator FY 2025-26 - Sukanya Samriddhi Maturity (8.2%)

Calculate SSY Maturity

Yearly Investment (₹)

Min ₹250, Max ₹1.5 lakh per year.

Current Interest Rate (% p.a.)

Govt-fixed rate, reviewed quarterly.

About Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana (SSY) is a Government of India small-savings scheme launched in 2015 under Beti Bachao Beti Padhao. It is one of the highest-yielding tax-free debt instruments available to Indian parents, currently offering 8.2% p.a. for FY 2025-26.

The account can be opened at any post office or authorised bank for a girl child below 10 years. Deposits are made for the first 15 years, while interest continues to accrue until the 21st year — the date of maturity.

Key Features at a Glance

Interest rate: 8.2% p.a. (compounded annually, FY 2025-26).
Deposit window: 15 years from account opening.
Maturity: 21 years from opening, or marriage post-18.
Min deposit: ₹250/year. Max: ₹1.5 lakh/year.
Tax status: EEE — 80C deduction, tax-free interest, tax-free maturity.
Eligibility: Girl child below 10; max 2 accounts per family.

How the Calculation Works

The calculator deposits the yearly amount for the first 15 years and compounds the balance annually at 8.2% for the full 21-year tenure.

Example: ₹1.5 lakh/year for 15 years → Total invested ₹22.5 lakh, Maturity ≈ ₹69.8 lakh (entirely tax-free).

Frequently Asked Questions

What is the current SSY interest rate?

8.2% p.a., compounded annually. Revised quarterly by the Government.

Who can open an SSY account?

A parent or legal guardian for a girl below 10 years. Max 2 SSY accounts per family.

When does SSY mature?

21 years from opening, or upon marriage after age 18 — whichever is earlier.

Is SSY interest tax-free?

Yes. EEE status — deposits get 80C deduction, interest and maturity are tax-free.

Can I withdraw partially?

Up to 50% of previous year's balance after the girl turns 18, for education or marriage.

SSY vs PPF — which is better?

SSY offers higher rate (8.2% vs PPF 7.1%) and is exclusive to the girl child. PPF is more flexible. Many parents use both.

Sukanya Samriddhi Yojana Calculator

Calculate SSY Maturity

About Sukanya Samriddhi Yojana

Key Features at a Glance

How the Calculation Works

Frequently Asked Questions

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