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.
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
Save approximately this amount monthly to meet your annual target
SSY rate is revised quarterly by Govt. of India
Sukanya Samriddhi Key Features
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)
Financial Year | Interest 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
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
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
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
- Account is closed immediately
- Balance with interest paid to guardian/nominee
- Death certificate required for claim
- No penalty for premature closure in this case
- 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)?
What is the current Sukanya Samriddhi Yojana interest rate?
Who can open a Sukanya Samriddhi account?
What are the investment limits in SSY?
When can I withdraw money from Sukanya Samriddhi account?
What are the tax benefits of Sukanya Samriddhi Yojana?
Where can I open a Sukanya Samriddhi account?
Can I transfer Sukanya Samriddhi account to another bank or post office?
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