Sukanya Samriddhi Calculator - Girl Child Savings Calculator
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.
Savings Breakdown
Account Milestones
Annual Tax Benefits
EEE Status: Exempt-Exempt-Exempt. Investment, interest, and maturity all tax-free under Section 80C (up to ₹1.5 lakh annual deduction). Best tax-efficient scheme for girl child education and marriage.
How Sukanya Samriddhi Calculator Works
Plan girl child savings in 3 steps:
Enter Girl's Age
Input daughter's current age (0-10 years). Earlier you start, higher the maturity corpus due to more years of compounding interest.
Set Annual Investment
Choose yearly deposit amount (₹250 minimum, ₹1.5 lakh maximum). Can deposit lumpsum or monthly. Higher investment = bigger education fund.
View Maturity Amount
See corpus at age 21, total interest earned, and tax benefits. Plan daughter's higher education, marriage, or entrepreneurship fund.
Why Sukanya Samriddhi Yojana (Girl Child Savings)
Highest Government Returns
Current rate 8.2% (reviewed quarterly). Higher than PPF (7.1%), FD (6-7%), savings (3%). Government-backed, zero risk, guaranteed returns.
Triple Tax Exemption (EEE)
Investment tax-free (Section 80C up to ₹1.5L), interest tax-free, maturity tax-free. Complete tax-free wealth creation for 21 years.
50% Withdrawal at 18
Access 50% corpus for higher education when girl turns 18. Rest matures at 21. Perfect for college fees, professional courses abroad.
Government Guarantee
Backed by Government of India. Zero market risk, no volatility. Capital and returns absolutely safe. Best for risk-averse parents.
Nationwide Transferable
Open at any post office or authorized bank. Transfer account anywhere in India. Continue deposits even if you relocate cities or countries.
Builds Discipline
Regular annual deposits create saving habit. 15-year commitment ensures long-term wealth. Girl gets financial security and independence.
Sukanya Samriddhi Account Rules & Features
Eligibility & Opening
Girl Child 0-10 Years- ✅ Open for girl child below 10 years
- ✅ Maximum 2 accounts per family (2 daughters)
- ✅ 3rd account if twins/triplets born
- ✅ Parents/legal guardian can open
- ✅ Girl becomes account holder at 18
- ✅ Open at post office or authorized banks
- ✅ Requires birth certificate, parent ID
Investment Details
₹250 - ₹1.5L/Year- ✅ Minimum: ₹250 per year
- ✅ Maximum: ₹1,50,000 per year
- ✅ Deposit for 15 years from opening
- ✅ Can deposit lumpsum or installments
- ✅ Cash/cheque/DD/online transfer accepted
- ✅ Penalty ₹50/year if minimum not met
- ✅ Can revive account later with penalty
Maturity & Withdrawals
21 Years Maturity- ✅ Matures when girl turns 21
- ✅ Account closes, full amount paid
- ✅ 50% withdrawal allowed at age 18
- ✅ Only for higher education purpose
- ✅ Can extend 5 years after maturity
- ✅ Premature closure: death, financial hardship
- ✅ Interest continues till maturity even after 15 years
Smart Sukanya Samriddhi Strategies
Open at Birth
Start account immediately after birth. Allows 15 full years of deposits till age 15. 6 additional years of compound interest. Maximum wealth creation opportunity.
Maximize Annual Deposit
Invest full ₹1.5L yearly if possible. Small amounts won't create substantial corpus. Even ₹50K-75K annually builds good education fund at maturity.
Deposit Early in Year
Deposit in April (financial year start) instead of March. Earns full year interest. April deposit vs March deposit can add ₹50K-1L at maturity.
Combine with PPF
SSY for daughter (₹1.5L) + PPF for self (₹1.5L) = total ₹3L annual tax savings. Dual wealth creation strategy for family financial security.
Don't Miss Deposits
Missing even one year costs lakhs at maturity due to lost compounding. Set annual reminders. Automate if possible. Continuity is key to wealth building.
Plan Education Goals
Corpus perfect for IIT/IIM fees (₹15-25L), MBBS (₹50L-1Cr), foreign education (₹50L-1.5Cr), or marriage fund. Plan goals based on maturity amount.
Why Use Our Sukanya Samriddhi Calculator?
Instant Maturity Projection
See exact corpus at daughter's age 21. Know total interest earned and investment required. Plan education/marriage fund with confidence.
Current Interest Rates
Uses latest SSY interest rate (8.2% as of Q4 2024). Adjust rate as government revises quarterly. Accurate projections with real rates.
Tax Benefits Calculator
View annual and lifetime tax savings. See actual benefit in your tax bracket. EEE status means maximum tax efficiency for wealth creation.
Milestone Timeline
Track investment period, growth period, partial withdrawal age, and maturity. Complete visibility into 21-year journey.
Multi-Currency Support
Calculate in INR, USD, EUR, GBP, AED. Perfect for NRIs planning daughter's education in India. Compare with international education funds.
Mobile Friendly
Plan daughter's future on any device. Calculate at bank, post office, or home. Financial planning at fingertips.
Frequently Asked Questions
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is Government of India savings scheme for girl child education and marriage. Open for girls below 10 years. Invest ₹250-₹1.5L 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.
What is current Sukanya Samriddhi interest rate?
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.
How much will I get if I invest ₹1.5 lakh yearly?
At current 8.2% rate, investing ₹1.5L yearly for 15 years (age 0-15): Total investment = ₹22.5L, Maturity at age 21 = ₹69.45L, Total interest = ₹46.95L, Returns = 3.09x investment. If opened at age 5: Maturity ~₹48L. Earlier you start, exponentially higher corpus due to compounding magic!
Can I withdraw money before maturity?
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.
What documents required to open account?
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 ₹250. Account opened in girl's name with parent as guardian.
