Calculate Sukanya Samriddhi Yojana returns, maturity amount, and education fund. Plan your daughter's future with SSY calculator. Estimate savings, tax benefits, and corpus at maturity with our free girl child investment calculator for secure financial future.
EEE Status: Exempt-Exempt-Exempt. Investment, interest, and maturity all tax-free under Section 80C (up to βΉ1.5 lakh annual deduction). Best tax-efficient scheme for girl child education and marriage.
Plan girl child savings in 3 steps:
Input daughter's current age (0-10 years). Earlier you start, higher the maturity corpus due to more years of compounding interest.
Choose yearly deposit amount (βΉ250 minimum, βΉ1.5 lakh maximum). Can deposit lumpsum or monthly. Higher investment = bigger education fund.
See corpus at age 21, total interest earned, and tax benefits. Plan daughter's higher education, marriage, or entrepreneurship fund.
Current rate 8.2% (reviewed quarterly). Higher than PPF (7.1%), FD (6-7%), savings (3%). Government-backed, zero risk, guaranteed returns.
Investment tax-free (Section 80C up to βΉ1.5L), interest tax-free, maturity tax-free. Complete tax-free wealth creation for 21 years.
Access 50% corpus for higher education when girl turns 18. Rest matures at 21. Perfect for college fees, professional courses abroad.
Backed by Government of India. Zero market risk, no volatility. Capital and returns absolutely safe. Best for risk-averse parents.
Open at any post office or authorized bank. Transfer account anywhere in India. Continue deposits even if you relocate cities or countries.
Regular annual deposits create saving habit. 15-year commitment ensures long-term wealth. Girl gets financial security and independence.
Start account immediately after birth. Allows 15 full years of deposits till age 15. 6 additional years of compound interest. Maximum wealth creation opportunity.
Invest full βΉ1.5L yearly if possible. Small amounts won't create substantial corpus. Even βΉ50K-75K annually builds good education fund at maturity.
Deposit in April (financial year start) instead of March. Earns full year interest. April deposit vs March deposit can add βΉ50K-1L at maturity.
SSY for daughter (βΉ1.5L) + PPF for self (βΉ1.5L) = total βΉ3L annual tax savings. Dual wealth creation strategy for family financial security.
Missing even one year costs lakhs at maturity due to lost compounding. Set annual reminders. Automate if possible. Continuity is key to wealth building.
Corpus perfect for IIT/IIM fees (βΉ15-25L), MBBS (βΉ50L-1Cr), foreign education (βΉ50L-1.5Cr), or marriage fund. Plan goals based on maturity amount.
See exact corpus at daughter's age 21. Know total interest earned and investment required. Plan education/marriage fund with confidence.
Uses latest SSY interest rate (8.2% as of Q4 2024). Adjust rate as government revises quarterly. Accurate projections with real rates.
View annual and lifetime tax savings. See actual benefit in your tax bracket. EEE status means maximum tax efficiency for wealth creation.
Track investment period, growth period, partial withdrawal age, and maturity. Complete visibility into 21-year journey.
Calculate in INR, USD, EUR, GBP, AED. Perfect for NRIs planning daughter's education in India. Compare with international education funds.
Plan daughter's future on any device. Calculate at bank, post office, or home. Financial planning at fingertips.
Sukanya Samriddhi Yojana (SSY) is Government of India savings scheme for girl child education and marriage. Open for girls below 10 years. Invest βΉ250-βΉ1.5L annually for 15 years. Matures at age 21. Current interest: 8.2% (compounded yearly). Triple tax exempt (EEE status). Highest return among all government small savings schemes.
Current SSY interest rate is 8.2% per annum (Q4 2024-25). Reviewed quarterly by government. Historical rates: 2023-24: 8.0%, 2022-23: 7.6%, 2021-22: 7.6%. Higher than PPF (7.1%), NSC (7.7%), FD (6-7%). Interest compounded annually. Credited to account yearly.
At current 8.2% rate, investing βΉ1.5L yearly for 15 years (age 0-15): Total investment = βΉ22.5L, Maturity at age 21 = βΉ69.45L, Total interest = βΉ46.95L, Returns = 3.09x investment. If opened at age 5: Maturity ~βΉ48L. Earlier you start, exponentially higher corpus due to compounding magic!
Partial withdrawal allowed: 50% of balance when girl turns 18, only for higher education (college fees, professional courses). Submit fee receipts/admission proof. Full premature closure allowed only in: girl child's death, or extreme financial hardship. Otherwise, locked till age 21 maturity. Premature withdrawal defeats long-term compounding benefit.
Required documents: Girl child's birth certificate, Parent/guardian's ID proof (Aadhaar/PAN/Passport), Address proof, Passport-size photos. Open at: Any post office or authorized banks (SBI, ICICI, HDFC, PNB, BOI, etc.). Fill SSY account opening form. Minimum initial deposit βΉ250. Account opened in girl's name with parent as guardian.
