Calculate the maturity amount of Sukanya Samriddhi Yojana at the current interest rate of 8.2% p.a. Plan your daughter's education and marriage fund with this government-backed scheme.
🏛️ Interest Rate: 8.2% p.a. (Q1 FY2026, compounded annually)
Deposit Period: 15 years from account opening
Maturity: When girl turns 21
| Year | Girl's Age | Deposit | Balance (Year End) |
|---|
Sukanya Samriddhi Yojana (SSY) is a Government of India savings scheme launched under the Beti Bachao Beti Padhao initiative. It is specifically designed to help parents save for the education and marriage of the girl child. The scheme offers one of the highest interest rates among government-backed small savings schemes — currently 8.2% p.a. compounded annually.
The account can be opened at any post office or authorized bank branch for a girl child below 10 years. Only one account is allowed per girl child, and a maximum of two accounts per family (two daughters). The minimum annual deposit is ₹250 and the maximum is ₹1.5 lakh per financial year.
Deposits must be made for 15 years from the date of account opening. After that, the balance continues to earn interest until the account matures when the girl turns 21. Partial withdrawal of up to 50% is allowed when she turns 18, for education or marriage expenses.
✅ Triple Tax Exemption (EEE):
SSY has EEE (Exempt-Exempt-Exempt) tax status — same as PPF. This makes it one of the most tax-efficient investments in India.
| Feature | Details |
|---|---|
| Who can open | Parents/guardians of girl child below 10 years |
| Accounts per family | Maximum 2 (one per girl child) |
| Minimum deposit | ₹250 per year |
| Maximum deposit | ₹1,50,000 per year |
| Deposit period | 15 years from opening |
| Maturity | When girl turns 21 |
| Interest rate (2026) | 8.2% p.a., compounded annually |
| Partial withdrawal | 50% at age 18 for education/marriage |
| Tax benefit | Section 80C up to ₹1.5L/year; EEE status |
| Where to open | Post offices, SBI, HDFC, ICICI, Axis, and 25+ banks |