Best Gift for Your Daughter

Sukanya Samriddhi Yojana Calculator India 2025

Calculate maturity amount for your daughter's future with highest interest rate among small savings schemes. Plan for her education and marriage with SSY.

Government Guaranteed
8.2% Interest Rate
EEE Tax Status
21-Year Maturity
Sukanya Samriddhi Investment Details
5 years
0 years10 years

Contribution Period

15 years

You need to invest for 15 years (until your daughter turns 20 years)

Account will mature when your daughter turns 21 years

250 - ₹150,000
250150,000
Monthly Equivalent
8,333

Save approximately this amount monthly to meet your annual target

8.2%

SSY rate is revised quarterly by Govt. of India

Maturity Details

Sukanya Samriddhi Key Features

Account matures when girl turns 21 years
EEE tax status (Exempt-Exempt-Exempt)
Partial withdrawal for education after 18
Highest interest among small savings schemes
Government guaranteed returns
Can be opened at Post Office or banks
Sukanya Samriddhi Key Benefits

Highest Interest Rate

Currently 8.2% p.a. - highest among all small savings schemes

Government Backed

100% safe investment backed by Government of India

Triple Tax Exemption

Investment, interest, and maturity all tax-free (EEE)

Historical SSY Interest Rates (2014-2026)
Financial YearInterest Rate (% p.a.)Period
2025-26
Current
8.2%1 April 2025 to 31 December 2025
2024-25
8.2%1 April 2024 to 31 March 2025
2023-24
8%1 April 2023 to 31 December 2023
2022-23
7.6%1 April 2022 to 31 March 2023
2021-22
7.6%1 April 2021 to 31 March 2022
2020-21
7.6%1 April 2020 to 31 March 2021
2019-20
8.4%1 July 2019 to 31 March 2020
2018-19
8.1%1 April 2018 to 30 September 2018
2017-18
8.1%1 January 2018 to 31 March 2018
2016-17
8.5%1 Oct 2016 to 31 Mar 2017
2015-16
9.2%1 April 2015 to 31 March 2016
2014-15
9.1%1 April 2014 to 31 March 2015
Key Observations
  • Highest Rate: 9.2% in FY 2015-16
  • Lowest Rate: 7.6% from FY 2020-21 to 2022-23
  • Current Trend: Current rate is 8.2% for FY 2025-26
  • Rates are reviewed quarterly and are subject to change based on government policy

Who Should Invest in Sukanya Samriddhi Yojana?

SSY is Ideal For:

  • Parents of Girl Children

    With daughters aged 0-10 years planning for their future

  • Education Planning

    Parents saving for daughter's higher education expenses

  • Marriage Planning

    Building corpus for daughter's marriage expenses

  • Risk-Averse Investors

    Those seeking guaranteed safe returns with zero risk

Not Suitable If:

  • Male Children Only

    Scheme is exclusively for girl children below 10 years

  • Short-term Goals

    If you need liquidity before 21 years maturity

  • Seeking Higher Returns

    If comfortable with market-linked returns via mutual funds

  • NRI Status

    Cannot open new account if girl child is NRI

Tax Implications & Benefits

Tax Benefits (EEE Status)
  • Investment Deduction: Up to ₹1.5L under Section 80C
  • Interest Income: Completely tax-free annually
  • Maturity Amount: Entire amount is tax-free
  • Withdrawals: Partial withdrawals are tax-free
Important Tax Points
  • SSY investment is part of ₹1.5L limit under Section 80C
  • No TDS deducted on interest or maturity amount
  • Account exempt from attachment under court orders
  • Best tax-saving option for girl child's future planning
How to Open Sukanya Samriddhi Account

Where to Open

  • • Any Post Office in India
  • • State Bank of India (SBI)
  • • Punjab National Bank (PNB)
  • • ICICI Bank, HDFC Bank, Axis Bank
  • • Bank of Baroda (BOB)
  • • Other authorized banks
  • • Online via bank websites/apps

Required Documents

  • • Girl child's birth certificate
  • • Guardian's PAN Card
  • • Guardian's Aadhaar Card
  • • Address proof (recent)
  • • Passport-size photos (both)
  • • SSY account opening form
  • • Initial deposit (Min ₹250)

Eligibility Criteria

  • • Girl child: 0-10 years old
  • • Parents/legal guardians
  • • Max 2 accounts per family
  • • Indian residents only
  • • One account per girl child
  • • NRIs cannot open new accounts
Important Points About Account Opening

Account Transfer: Can be transferred anywhere in India free of cost

Nomination: Guardian should nominate someone for the account

Operation: Girl can operate account after turning 18

Passbook: Passbook issued for all transactions

Withdrawal Terms & Conditions

Partial Withdrawal (For Education)

  • When: When girl turns 18 years old
  • Amount: Up to 50% of balance at end of previous year
  • Purpose: Higher education expenses only
  • Mode: Lump sum or annual installments up to 5 years

Premature Closure

  • Marriage: After girl attains 18 years with marriage certificate
  • Medical Emergency: In case of life-threatening disease
  • Death: Account closed and paid to guardian/nominee
  • Interest: Post office savings rate if closed before 5 years
Nomination & Fund Transfer After Demise

Importance of Nomination

Why Nominate: Ensures smooth transfer of funds to intended beneficiary without legal complications. Guardian should nominate someone while opening the account.

Who Can Be Nominee: Can be mother/father, grandparents, or any family member. Multiple nominees can be added with percentage share allocation.

What Happens in Case of Death

If Girl Child Passes Away
  • Account is closed immediately
  • Balance with interest paid to guardian/nominee
  • Death certificate required for claim
  • No penalty for premature closure in this case
If Guardian Passes Away
  • Account continues in girl child's name
  • New guardian appointed by court if girl is minor
  • Account operation transferred to new guardian
  • Legal heir certificate may be required
Documents Required for Claim
  • • Death certificate of deceased
  • • Passbook of the account
  • • Identity proof of claimant
  • • Legal heir certificate (if applicable)
  • • Claim form duly filled

Sukanya Samriddhi Yojana FAQs

Everything you need to know about Sukanya Samriddhi Yojana, SSY benefits, and girl child investment planning

What is Sukanya Samriddhi Yojana (SSY)?

Sukanya Samriddhi Yojana is a government-backed savings scheme for girl children launched under Beti Bachao Beti Padhao campaign. It offers attractive interest rates (currently 8.2% p.a.), tax benefits under Section 80C, and helps build a corpus for your daughter's education and marriage expenses.

What is the current Sukanya Samriddhi Yojana interest rate?

The current SSY interest rate is 8.2% per annum, compounded annually. This rate is reviewed quarterly by the Government of India and is among the highest for small savings schemes. The rate is subject to change as per government notifications.

Who can open a Sukanya Samriddhi account?

Parents or legal guardians can open a Sukanya Samriddhi account for a girl child from birth till she turns 10 years old. Maximum 2 accounts can be opened per family (one for each girl child). In case of twins or triplets born first, 3 accounts are allowed with supporting documentation.

What are the investment limits in SSY?

The minimum annual investment is ₹250 and maximum is ₹1,50,000 per financial year. You need to contribute for 15 years from account opening. After that, the account continues to earn interest till maturity without any contributions.

When can I withdraw money from Sukanya Samriddhi account?

Partial withdrawal of up to 50% of the balance is allowed when the girl turns 18 years old for higher education expenses. Premature closure is permitted for marriage after the girl attains 18 years. The account matures 21 years from opening or when the girl gets married after turning 18, whichever is earlier.

What are the tax benefits of Sukanya Samriddhi Yojana?

SSY enjoys EEE (Exempt-Exempt-Exempt) tax status. Investment up to ₹1.5 lakh qualifies for Section 80C deduction. Interest earned is completely tax-free. Maturity amount is also tax-free. This makes it one of the most tax-efficient investment options for girl child education and marriage planning.

Where can I open a Sukanya Samriddhi account?

You can open SSY account at any post office or authorized branches of banks like SBI, PNB, ICICI, HDFC, Axis, BOB, and other participating banks. Many banks also offer online account opening facility. You'll need the girl child's birth certificate, guardian's identity and address proof.

Can I transfer Sukanya Samriddhi account to another bank or post office?

Yes, the account can be transferred free of cost from one post office to another or from one bank to another bank anywhere in India. This is useful if you relocate to a different city. You need to submit a transfer request form at your current branch.