Quick answer
How much will Sukanya Samriddhi give at maturity?
Depositing the maximum ₹1.5 lakh a year in Sukanya Samriddhi for 15 years, at the current 8.2% rate, grows to about ₹71.82 lakh when the account matures 21 years after opening. You put in ₹22.5 lakh and earn about ₹49.3 lakh in interest, all of it tax-free.
- Rate: 8.2% a year, compounded yearly
- Deposits: ₹250 to ₹1.5 lakh a year, for 15 years
- Maturity: 21 years from opening; tax-free (EEE)
What are the key Sukanya Samriddhi rules?
- Open for a girl child aged 10 or younger; up to two daughters per family (three with twins)
- Deposit ₹250 to ₹1.5 lakh each financial year for 15 years
- Matures 21 years after opening; 50% can be withdrawn for education after she turns 18
- Deposits qualify for Section 80C in the old regime; interest and maturity are tax-free
What is the SSY interest rate and how is it applied?
The SSY interest rate is 8.2% a year for Oct–Dec 2026. The government reviews it every quarter. Interest is added once a year on the balance plus that year’s deposit, so it compounds yearly until the account matures.
The Sukanya Samriddhi calculator assumes today’s rate holds for all 21 years. In reality it will move, so treat the result as a projection. With ₹1.5 lakh a year, the maturity amount is about ₹71.82 lakh at 8.2% but about ₹61.40 lakh at 7.1%.
How much will SSY give for different yearly deposits?
You deposit for the first 15 years. For the last 6 years nothing goes in, but the balance keeps earning interest. At 8.2%:
| Yearly deposit | You deposit | Balance after 15 years | Maturity at 21 years |
|---|---|---|---|
| ₹50,000 | ₹7.5 lakh | ₹14.92 lakh | ₹23.94 lakh |
| ₹1 lakh | ₹15 lakh | ₹29.84 lakh | ₹47.88 lakh |
| ₹1.5 lakh | ₹22.5 lakh | ₹44.76 lakh | ₹71.82 lakh |
Enter your yearly deposit, your daughter’s age and the year you opened the account. The calculator shows the maturity value, the interest earned and the balance for every year.
Frequently asked questions
What is the Sukanya Samriddhi interest rate now?
The SSY interest rate is 8.2% a year for Oct–Dec 2026, compounded yearly. The government reviews it every quarter.
How much will I get from SSY if I deposit ₹1.5 lakh a year?
At 8.2%, depositing ₹1.5 lakh every year for 15 years grows to about ₹71.82 lakh at maturity, 21 years after opening. You deposit ₹22.5 lakh and earn about ₹49.3 lakh in tax-free interest.
For how many years do I deposit in SSY?
You deposit for 15 years from the date of opening. The account keeps earning interest until it matures 21 years after opening.
What are the SSY deposit limits?
A minimum of ₹250 and a maximum of ₹1.5 lakh per financial year. Deposits up to ₹1.5 lakh qualify for Section 80C deduction under the old tax regime.
Can I withdraw from SSY early?
You can withdraw up to 50% of the balance for higher education or marriage after the girl turns 18. Premature closure is allowed for marriage after 18, or in special cases like serious illness.
Can I open a Sukanya Samriddhi account for a girl older than 10?
No. A parent or legal guardian can open an SSY account only for a girl aged 10 or younger. A family can open up to two accounts, or three with twins.