Sukanya Samriddhi Yojana (SSY) — highest interest (8.2%) among small savings with EEE tax status. Best long-term savings for girl children.
Calculate SSY Maturity
Enter yearly deposit to see maturity value at 21 years.
SSY Key Rules
| Feature | Details |
|---|---|
| Interest | 8.2% p.a. |
| Min/Max Deposit | ₹250–₹1,50,000/year |
| Deposit Period | 15 years |
| Maturity | 21 years |
| Eligible | Girl child below 10 |
| Tax | EEE (fully exempt) |
| Where | Post office or bank |
Maturity Amounts
| Yearly | Deposited | Maturity (21yr) | Interest |
|---|---|---|---|
| ₹12,000 | ₹1,80,000 | ₹5,54,606 | ₹3,74,606 |
| ₹60,000 | ₹9,00,000 | ₹27,71,031 | ₹18,71,031 |
| ₹1,00,000 | ₹15,00,000 | ₹46,18,385 | ₹31,18,385 |
| ₹1,50,000 | ₹22,50,000 | ₹69,27,578 | ₹46,77,578 |
Tax Benefits — EEE
- Deposit: Section 80C up to ₹1.5L/year
- Interest: Tax-free
- Maturity: Tax-free
30% bracket + ₹1.5L/year = ₹46,800/year tax saved. Effective return: ~11-12%.
Withdrawal Rules
Partial (age 18): 50% for education.
Premature: After 5 years for emergency/death. After 18 for marriage. Penalty: interest recalculated at 4%.
Missed payment: ₹250 + ₹50 penalty per year. Interest still accrues.
Smart Strategy
- Open at birth — Age 0 vs 5 = ₹10-15L more at maturity
- Max ₹1.5L/year — Max returns + 80C benefit
- Deposit in April — Full year interest on higher balance
- Don't withdraw at 18 — Last 6 years add huge value
How to Use the Tool (Step by Step)
- 1
Enter yearly deposit
Input ₹250 to ₹1,50,000.
- 2
Set interest rate
Use current 8.2%.
- 3
View maturity
See 21-year corpus with interest earned.
Frequently Asked Questions
Current SSY rate?+−
8.2% p.a. as of Q1 FY 2026-27. Highest among government savings.
SSY for sons?+−
No. Girls only. For boys: PPF (7.1%) or PPF + equity MFs.
Post office or bank?+−
Same rate and rules. Banks offer online access. Scheme is identical.
SSY vs PPF?+−
SSY 8.2% vs PPF 7.1%. SSY better for daughters under 10. PPF has more flexibility.
NRIs eligible?+−
No. Existing accounts continue but no new deposits after NRI status.
Calculate SSY Maturity
Enter yearly deposit to see maturity value at 21 years.
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