Instantly calculate the maturity value and interest earned on your Sukanya Samriddhi Yojana (SSY). Enter your annual deposit, rate, and years of deposit to get results!
SSY is a government-backed savings scheme for the girl child in India. You can deposit up to ₹1.5 lakh per year for 15 years. The account matures in 21 years. The interest is compounded annually and is tax-free.
The calculator will show you the interest earned and the maturity value of your SSY investment at 21 years.
Example: If you deposit ₹1,50,000 per year for 15 years at 8.2% interest, the maturity amount will be shown above.
SSY stands for Sukanya Samriddhi Yojana, a savings scheme for the girl child by the Government of India.
No, the interest earned and maturity amount are tax-free.
Partial withdrawals are allowed after the girl turns 18 under certain conditions.
For more details, consult your bank or refer to government guidelines.