SSY maturity value for your daughter’s account
The SSY rate is set by the government every quarter. Check the current rate and update the field.
Under Sukanya Samriddhi Yojana you deposit for 15 years from opening, and the account matures 21 years after it was opened. Interest compounds yearly. This calculator assumes deposits at the start of each year for 15 years, then lets the balance keep compounding until year 21 with no further deposits.
A parent or legal guardian can open one for a girl child below 10 years of age, with a limit of one account per girl.
A minimum of ₹250 and a maximum of ₹1,50,000 per financial year.
SSY is in the exempt-exempt-exempt category under the old tax regime: deposits qualify under Section 80C, and interest and maturity are tax-free.