Post Office Sukanya Samriddhi (SSY) Calculator
Calculate returns for Sukanya Samriddhi Yojana. Secure your daughter's future with high interest rates and full tax exemption.
Calculate SSY Maturity
Enter Investment Details
You deposit for 15 years only.
About Sukanya Samriddhi Yojana (SSY)
SSY is a government-backed savings scheme for the girl child launched under the Beti Bachao Beti Padhaocampaign. It offers one of the highest interest rates among small savings schemes along with full tax exemption, making it an ideal long-term investment for a daughter's education and marriage.
Eligibility & Key Rules
| Eligibility | Girl child below 10 years of age |
| Max Accounts per Family | 2 (one per girl child) |
| Minimum Deposit | ₹250 per year |
| Maximum Deposit | ₹1,50,000 per year |
| Interest Rate | 8.2% p.a. (subject to quarterly revision) |
| Deposit Period | 15 years from account opening |
| Account Maturity | 21 years from account opening |
Tax Benefits (EEE)
SSY enjoys EEE (Exempt-Exempt-Exempt) tax status under Section 80C of the Income Tax Act:
- Investment: Deduction up to ₹1.5 Lakh per year under Sec 80C.
- Interest: Fully tax-free as it accrues.
- Maturity: The entire maturity amount is tax-free.
Key Features
- Partial Withdrawal: Up to 50% allowed after the girl turns 18 for education.
- Premature Closure: Allowed on marriage after age 18, or on medical grounds.
- Account Transfer: Can be transferred to any post office or bank in India.
- Compounding: Interest is compounded annually, boosting long-term returns.
Example Calculation (₹10,000/year at 8.2%)
| Annual Deposit | ₹10,000 |
| Total Invested (15 yrs) | ₹1,50,000 |
| Maturity Value (21 yrs) | ≈ ₹4,74,000 |
| Total Interest Earned | ≈ ₹3,24,000 |
* Calculations are based on the current interest rate of 8.2% p.a. compounded annually. Actual returns may vary as the government revises the rate quarterly.