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SSY Calculator – Sukanya Samriddhi Yojana Returns Calculator Online

Calculate the returns on your SSY (Sukanya Samriddhi Yojana) investment

I know my

Goal Amount

Expected Return (P.A)

Time Period


To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.


To achieve a goal amount of ₹15,00,000 in 10 year(s), and at 5% inflation, you would need to invest ₹9,20,869 at a 10% rate of return.

Total Investment Breakup

Lumpsum Investment

Interest Earned

Total Investment

Year Investment
Amount (₹)
Gained (₹)
Amount (₹)

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Sukanya Samriddhi Yojana (SSY) Calculator

What is Sukanya Samriddhi Yojana Calculator?

Launched in 2015 as part of the Government’s Beti Bachao, Beti Padhao campaign, Sukanya Samriddhi Yojana (SSY) is a savings scheme. It allows guardians to open a savings account for their girl child at an authorised commercial bank or India Post branch.

The Sukanya Samriddhi Account Calculator offers a competitive interest rate of 8%. To determine the returns based on the invested amount and tenure, a Sukanya Samriddhi Yojana calculator can be utilized. This SSY calculator provides valuable insights into the potential returns one can expect from the scheme.

Who Can Use The SSY Calculator?

To benefit from the SSY calculator, the first step is to ensure that the eligibility criteria of the scheme are fulfilled. The scheme allows legal guardians of girl children to open an SSY account if the following conditions are met:


  1. The girl must be an Indian resident.
  2. The girl should be no older than 10 years of age.
  3. A family can open up to two accounts for two girl children.


In addition, legal guardians must submit the following documents to initiate deposits in the sukanya samriddhi yojana scheme calculator:


  1. A duly filled scheme opening document containing the basic personal details of the account holder and the girl child for whom the account is being opened.
  2. Birth certificate of the girl child.
  3. Depositor’s identification documents and a valid address proof.
  4. A medical certificate in the case of the birth of multiple children under a single birth order.
  5. Any additional documents requested by the relevant authority.


Individuals who fulfill the aforementioned prerequisites and possess the necessary supporting documents are eligible for the scheme. They can proceed to use the Sukanya Samriddhi Yojana calculator available online.

How can an SSY calculator help you?

Investing in the name of a girl child is a common practice among parents who aim to cover their daughter’s education and marriage expenses. Among various investment avenues available, Sukanya Samriddhi Yojana (SSY) has gained significant popularity due to its attractive interest rate and tax benefits. By utilizing Section 80C of the Income Tax Act, individuals can claim tax exemption of up to ₹1.5 lakh on the amount contributed to an SSY account. 


  • Tax-Free: Furthermore, the interest income and maturity amount are also tax-exempt. To simplify the process of calculating the maturity amount, parents can rely on Sukanya Samriddhi Calculator. 


  • Eliminations of Complex Calculations: This tool eliminates the cumbersome manual calculations prone to errors and enables accurate estimations for multiple iterations so that you can achieve your desired corpus.


  • User-Friendly Interface: The calculator is user-friendly, free to use, and provides a comprehensive assessment of investments and returns. It offers benefits such as indicating the year of maturity and displaying the amount to be received upon maturity.

How Does The SSY Calculator Work?

It’s worth mentioning that individuals need to make at least one contribution per year to keep the Sukanya Samriddhi Yojana (SSY) scheme active until completion of 14 years, as the maturity tenure is 21 years.

During the years between year 1 and year 21, individuals have the option to skip making contributions to their SSY account if they choose to do so. However, the previous investments will continue earning interest at the prevailing rate. The final amount is calculated based on the net contribution made along with the accumulated interest.

To calculate the results, the Sukanya Yojana calculator utilizes the following formula:

A = P (1 + r/n) ^ nt


The variables in the following Sukanya Samriddhi Yojana Post Office calculator formula are: 

P Principal amount 
A Compound interest 
R/r Rate of interest
N/n The number of times interest compounds in a year
T/t Number of years


Sukanya Samriddhi Yojana Interest Calculator Example

Suppose an individual invests ₹1,00,000 each year in a sukanya samriddhi yojana scheme for 21 years at a post office sukanya samriddhi yojana calculator of 12%, then at maturity, the girl will receive ₹10,80,385. Thus, with the help of an SSY calculator online, you can easily withdraw the amount in full. 


Here is the calculation: 


Year Investment Amount (₹) Wealth Gained (₹) Expected Amount (₹)
2023 ₹ 1,00,000 ₹ 12,000 ₹ 1,12,000
2024 ₹ 1,12,000 ₹ 13,440 ₹ 1,25,440
2025 ₹ 1,25,440 ₹ 15,053 ₹ 1,40,493
2026 ₹ 1,40,493 ₹ 16,859 ₹ 1,57,352
2027 ₹ 1,57,352 ₹ 18,882 ₹ 1,76,234
2028 ₹ 1,76,234 ₹ 21,148 ₹ 1,97,382
2029 ₹ 1,97,382 ₹ 23,686 ₹ 2,21,068
2030 ₹ 2,21,068 ₹ 26,528 ₹ 2,47,596
2031 ₹ 2,47,596 ₹ 29,712 ₹ 2,77,308
2032 ₹ 2,77,308 ₹ 33,277 ₹ 3,10,585
2033 ₹ 3,10,585 ₹ 37,270 ₹ 3,47,855
2034 ₹ 3,47,855 ₹ 41,743 ₹ 3,89,598
2035 ₹ 3,89,598 ₹ 46,752 ₹ 4,36,349
2036 ₹ 4,36,349 ₹ 52,362 ₹ 4,88,711
2037 ₹ 4,88,711 ₹ 58,645 ₹ 5,47,357
2038 ₹ 5,47,357 ₹ 65,683 ₹ 6,13,039
2039 ₹ 6,13,039 ₹ 73,565 ₹ 6,86,604
2040 ₹ 6,86,604 ₹ 82,392 ₹ 7,68,997
2041 ₹ 7,68,997 ₹ 92,280 ₹ 8,61,276
2042 ₹ 8,61,276 ₹ 1,03,353 ₹ 9,64,629
2043 ₹ 9,64,629 ₹ 1,15,756 ₹ 10,80,385

How to Use a Sukanya Samriddhi Yojana Calculator on smallcase?

To leverage the power of Sukanya Samriddhi Yojana interest rate calculator, you need to understand how calculation of sukanya samriddhi yojana works. Follow this step-to-step guide for more:


Step-1: Open the Sukanya Calculator on smallcase. 


Step-2: Enter the following details: starting year, yearly investment amount, and  input the birth month and year of the girl child. 


Step-3: After entering the details, the sukanya samriddhi scheme calculator or online SSY calculator on smallcase will display the maturity value and total interest at the end of investment period. 

The scheme is designed to reach maturity 21 years from the date of opening the account. During the period between the 15th and 21st years, no further investments are allowed. Nevertheless, the account continues to accumulate interest on the previous deposits made during those years.

Advantages of using smallcase Sukanya Samriddhi Scheme Calculator

Using the smallcase Sukanya Samriddhi Yojana online calculator provides you with the following advantages:


  1. The smallcase Sukanya Yojana calculator is available for free and can generate accurate results for multiple iterations.
  2. The Sukanya Samriddhi Scheme calculator provides quick output within seconds.
  3. The SSY scheme calculator tool is conveniently accessible on smallcase’s website, eliminating the need for downloading any additional software.
  4. No sign-up or login is required to use the calculator, and it only requires input fields without asking for any personal user information.
  5. There are no usage restrictions, allowing you to utilize the SSY calculator as many times as needed.
  6. The SSY calculator online calculations are automatically based on the prevailing SSY interest rates, ensuring higher accuracy without the need for manual entry.
  7. The SSY calculator is regularly updated, reflecting any changes implemented in the scheme that may impact the corpus calculation.

The Sukanya Samriddhi Yojana calculator assists you in determining the suitable annual investment amount. Opening an SSY account is a secure method to safeguard your child’s future against expenses like higher education.


How Can I Use The Corpus Accumulated From Sukanya Samriddhi Calculator?

After attaining maturity, the entire accumulated corpus can be accessed by the young individual. This can be accomplished once the following documents are presented:


  1. Application form for withdrawal
    2. Identification proof and valid proof of address
    3. Citizenship documents


The withdrawn corpus can be utilized to cover the expenses associated with the girl’s higher education, given that she has completed 10th Standard and turned 18 years old. The funds can only be utilized for fees and admission charges. In order to demonstrate that the funds are being used for educational purposes, depositors must submit university admission documents along with fee receipts.


In the event of early withdrawal for marriage expenses, it is permissible if the girl is 18 years of age or older. The girl will need to provide an affidavit affirming her status as an adult, as a prerequisite for this withdrawal.

Frequently Asked Questions

Who is eligible for a Sukanya Samriddhi Yojana Account?

Guardians have the flexibility to open an account on behalf of their girl child at any time from her birth until she turns 10 years old.

How many accounts can be created under SSY?

The number of accounts guardians can create is restricted to two for each of their girl children, with the exception being in the case of twins or triplets. Only one SSY account is permitted for a girl child.

What is the minimum amount required to open an SSY account?

To keep the account active, individuals are required to invest a minimum of Rs. 250, with the flexibility to open an account for as low as Rs. 250.

What is the maximum amount that I can deposit in a year?

The yearly deposit limit for a Sukanya Samriddhi Yojana account is Rs. 1.5 Lakh, allowing individuals to contribute up to this maximum amount annually.

What happens when I do not make any deposits?

If no deposits are made to an SSY account, it becomes inactive. Nevertheless, it is possible to reactivate the account by paying a penalty charge of Rs. 50.

What is the maturity period of an SSY account?

In an SSY account, the maturity period is 21 years, but the duration for making deposits is only 14 years. The interest on the deposited amount is earned during the 14th to 21st year. It is important to note that the SSY account will be terminated when a girl reaches 21 years of age or gets married, whichever comes first.

Does a Sukanya Samriddhi Yojana account provide income tax benefits?

Under Section 80C, SSY accounts offer the benefit of income tax deduction of up to Rs. 1.5 lakh.

Can an accountholder prematurely withdraw from an SSY account?

Once the account holder (the girl) turns 18 years old, she becomes eligible to make withdrawals from her account. However, there are certain limitations in place. Specifically, she can only withdraw 50% of the accumulated amount, and this withdrawal can only be made once, solely for the purpose of funding her higher education.

Can an SSY account be closed before maturity?

n the event of the accountholder’s demise or for the treatment of life-threatening illnesses, a Sukanya Samriddhi Yojana account can be closed. However, the approval for such closure needs to be obtained from the Central Government.

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