Sukanya Samriddhi Yojana Calculator

The SSY account matures 21 years from the date of opening, not from the girl's birth date. Deposits are required only for the first 15 years; the account continues to earn interest for the remaining 6 years without any deposits.

Yes, up to 50% of the balance can be withdrawn after the girl turns 18, for the purpose of higher education. Premature closure is permitted only in specific cases such as the account holder's death or life-threatening illness, or on grounds approved by the government.

No, the SSY interest rate is revised by the Government of India every quarter. However, the rate applicable in a given year is locked for that year's deposits. The current rate is 8.2% per annum, compounded annually.

If the minimum deposit of ₹250 is not made in a year, the account becomes irregular. It can be regularised by paying ₹50 as penalty per defaulted year along with the minimum deposit amount for those years.

SSY uses annual compounding. Each year's deposit earns compound interest from the year it is deposited until maturity (21 years from account opening). The calculator above simulates this year-by-year, giving you a precise estimate of total maturity value.