What you put in
One deposit a year, for the first 15 years.
One lakh fifty thousand
Between ₹250 and ₹1.5 lakh in a financial year.
Common amounts
Your daughter, and the rate
The account runs for 21 years from the day it is opened.
The account can be opened until she turns 10. Leave it at 0 for a baby under one.
A financial year starts in April. For an account already open, past rates were different, so treat the result as a rough estimate.
The government reviews this every quarter. 8.2% was the rate when this page was last updated, so check the current one.
Your result
Fill in the fields to see what the account grows to.
What she gets
₹71.82 Lakhs
when she is 21 · 3.19 times what you put in
₹1.5 Lakhs a year (₹12,500 a month) for 15 years comes to ₹22.5 Lakhs of your own money. At 8.2% the account adds ₹49.32 Lakhs of interest.
You put in ₹22.5 Lakhs over 15 years. The account adds ₹49.32 Lakhs of interest, so she gets ₹71.82 Lakhs at 21.
| Part | Amount |
|---|---|
| You put in | ₹22.5 Lakhs |
| Interest added | ₹49.32 Lakhs |
| She gets at 21 | ₹71.82 Lakhs |
- Last deposit
- 2040–41at age 14
- Up to half, for her studies
- from 2044at age 18
- Paid in full
- 2047at age 21
How this is worked outShowHide
- Deposits
- once a year, at the start
- Deposits made for
- 15 years
- Account pays out
- 21 years after opening
- Interest
- credited once a year
- The rate
- the same for all 21 years
- Withdrawals on the way
- none
Closing balance = (opening balance + deposit) × (1 + rate), worked out once a year. A deposit made after 5 April earns less in that year than this shows, and the government can change the rate every quarter, so your passbook will differ. The interest and the maturity amount are tax-free; a deduction on the deposits is available only under the old tax regime.
Illustrative only, not advice. Nothing you enter is stored.
Year by yearShowHide
Each year of the account's own life, from the financial year it is opened in. Her age is at the start of that year.
| Year | Financial year | Her age | You deposit | Interest | Balance |
|---|---|---|---|---|---|
| Year 1 | 2026–27 | 0 | ₹1,50,000 | ₹12,300 | ₹1,62,300 |
| Year 2 | 2027–28 | 1 | ₹1,50,000 | ₹25,609 | ₹3,37,909 |
| Year 3 | 2028–29 | 2 | ₹1,50,000 | ₹40,009 | ₹5,27,918 |
| Year 4 | 2029–30 | 3 | ₹1,50,000 | ₹55,589 | ₹7,33,507 |
| Year 5 | 2030–31 | 4 | ₹1,50,000 | ₹72,448 | ₹9,55,955 |
| Year 6 | 2031–32 | 5 | ₹1,50,000 | ₹90,688 | ₹11,96,643 |
| Year 7 | 2032–33 | 6 | ₹1,50,000 | ₹1,10,425 | ₹14,57,068 |
| Year 8 | 2033–34 | 7 | ₹1,50,000 | ₹1,31,780 | ₹17,38,848 |
| Year 9 | 2034–35 | 8 | ₹1,50,000 | ₹1,54,886 | ₹20,43,734 |
| Year 10 | 2035–36 | 9 | ₹1,50,000 | ₹1,79,886 | ₹23,73,620 |
| Year 11 | 2036–37 | 10 | ₹1,50,000 | ₹2,06,937 | ₹27,30,557 |
| Year 12 | 2037–38 | 11 | ₹1,50,000 | ₹2,36,206 | ₹31,16,763 |
| Year 13 | 2038–39 | 12 | ₹1,50,000 | ₹2,67,875 | ₹35,34,638 |
| Year 14 | 2039–40 | 13 | ₹1,50,000 | ₹3,02,140 | ₹39,86,778 |
| Year 15 (last deposit) | 2040–41 | 14 | ₹1,50,000 | ₹3,39,216 | ₹44,75,994 |
| Year 16 | 2041–42 | 15 | — | ₹3,67,032 | ₹48,43,026 |
| Year 17 | 2042–43 | 16 | — | ₹3,97,128 | ₹52,40,154 |
| Year 18 | 2043–44 | 17 | — | ₹4,29,693 | ₹56,69,847 |
| Year 19 (half can be withdrawn) | 2044–45 | 18 | — | ₹4,64,927 | ₹61,34,774 |
| Year 20 | 2045–46 | 19 | — | ₹5,03,051 | ₹66,37,825 |
| Year 21 (matures) | 2046–47 | 20 | — | ₹5,44,302 | ₹71,82,127 |
Before you rely on these numbers
- This is an illustrative tool, not advice and not a recommendation to open any account.
- The interest rate is set by the government and can change every quarter. This holds one rate for the whole term, so the amount you are actually paid will differ.
- Figures assume one deposit at the start of every year, with none missed and nothing withdrawn early. Deposits made later in the year earn less.
- The scheme's limits and tax rules can change. Check the current rules with your post office or bank before you rely on these numbers.
- Nothing you type is sent anywhere. The calculation runs entirely in your browser and nothing is stored.
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a government savings scheme for a girl child. A parent or legal guardian opens the account in her name before she turns 10, at a post office or an authorised bank, and deposits money into it every year. The government sets the interest rate and backs the account, so the return does not depend on markets.
How to use the Sukanya Samriddhi calculator
- Enter the yearly deposit. Add what you plan to put in each year, between ₹250 and ₹1.5 lakh, or tap one of the common amounts.
- Set your daughter's age. Choose her age, in whole years, on the day you open the account (0 to 9).
- Pick the financial year you open it. This sets the calendar years shown for the last deposit, the withdrawal for her studies and the maturity.
- Check the interest rate. The rate is filled in for you. Change it to see what a higher or lower rate would do, since the government reviews it every quarter.
You will see what the account pays out when it matures, how much of that you deposited, how much is interest, and the year and her age when the deposits stop, when half can be withdrawn for her studies, and when the money is paid in full. A year-by-year table sits under the calculator.
How is the maturity amount calculated?
The account runs for 21 years from the day it is opened. You deposit for the first 15 years. For the last 6 years nothing is added, but the balance keeps earning interest. Interest is added to the account once a year, so each year's interest earns interest in every year after it.
Closing balance = (opening balance + deposit) × (1 + rate)
The calculator repeats this once for each of the 21 years, with the deposit set to zero after year 15. It treats each year's deposit as paid at the start of the year.
Worked example: ₹1.5 lakh a year for 15 years at 8.2%, in an account opened when she is a baby, pays out ₹71,82,127 when she is 21. You deposit ₹22,50,000 in all and the account adds ₹49,32,127 of interest. Depositing ₹12,000 a year instead, which is ₹1,000 a month, pays out ₹5,74,568.
The rules that shape the result
Three rules do most of the work in the figures above. Deposits are allowed for only 15 years, the account pays out 21 years after it is opened whatever her age was at the start, and the most you can deposit in a financial year is ₹1.5 lakh. The account must be opened before she turns 10.
Your passbook will not match the calculator exactly. The government can change the rate every quarter and the new rate applies to the whole balance, and a deposit made later in the financial year earns interest for fewer months than one made at the start.
Sukanya Samriddhi Calculator FAQs
Sukanya Samriddhi Calculator
A parent or legal guardian can open one in the name of a girl who has not yet turned 10. Each girl can have only one account, and a family can usually open accounts for up to two daughters, with an exception for twins or triplets. Accounts are opened at a post office or an authorised bank.
Between ₹250 and ₹1.5 lakh in a financial year. You can pay it in one go or in several smaller deposits, as long as the year's total stays within those limits. The calculator treats it as one deposit at the start of each year.
You deposit for 15 years from the day the account is opened. The account matures 21 years after it was opened, so for the last 6 years the balance earns interest with nothing added. If you open it when your daughter is 4, the deposits end when she is 18 and the account pays out when she is 25.
No. The government reviews the rate every quarter, and a new rate applies to the whole balance, not just to new deposits. The calculator holds one rate for the full term so you can see the effect of the rate you enter. Try a lower rate as well to see how much the result depends on it.
The account is treated as being in default. It can be brought back to normal during the 15-year deposit period by paying the minimum ₹250 for each missed year, plus a ₹50 penalty for each of those years. The calculator assumes no year is missed.
Yes, in part. Once she turns 18 or passes Class 10, whichever comes first, up to half of the balance at the end of the previous financial year can be withdrawn for her higher education (opens in new tab). The account can also be closed early for her marriage after she turns 18, and in a few hardship cases. The calculator assumes nothing is taken out until maturity.
The interest earned and the amount paid at maturity are tax-free. A deduction on the deposits themselves, up to ₹1.5 lakh a year, is available only if you file under the old tax regime. Under the new regime there is no deduction on the deposits, but the interest and maturity amount stay tax-free.
Both are government-backed, both have a ₹1.5 lakh yearly limit, and both have rates the government reviews every quarter. Sukanya Samriddhi has usually paid a slightly higher rate than PPF (opens in new tab), but it is only for a girl child and its withdrawal rules are tied to her age, education and marriage. PPF is open to anyone and runs for 15 years, with extensions.
It is a safe base, but its rate is close to long-run education inflation (opens in new tab), so on its own it may only keep pace with rising costs. Many families pair it with a SIP (opens in new tab) in equity mutual funds, which carries more risk but has more room to grow over 15 to 20 years.
The calculator assumes one deposit at the start of every year and one rate for all 21 years. In practice the rate changes over time, deposits made later in the year earn interest for fewer months, and a missed year changes the balance. Treat the result as an estimate, not a statement.
No. Nothing you enter in this Sukanya Samriddhi calculator is stored.
Still have questions? Write to us at help@time.money
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