What is the Sukanya Samriddhi Yojana interest rate?

The SSY rate is 8.2% per annum for the April-June 2026 quarter, one of the highest among small savings schemes. It is reviewed quarterly and compounded annually.

Who can open an SSY account?

A parent or guardian can open a Sukanya Samriddhi account for a girl child below the age of 10. Only one account is allowed per girl child, and a family can open accounts for up to two girls.

How long do I deposit and when does it mature?

Deposits are made for 15 years from the date the account is opened. The account then keeps earning interest and matures 21 years after opening, or on the girl's marriage after age 18.

Yes. SSY has EEE status: deposits qualify for Section 80C deduction up to Rs 1.5 lakh, and both the interest and the maturity amount are completely tax-free.

Sukanya Samriddhi Yojana Calculator

Calculate the maturity value of a Sukanya Samriddhi Yojana account for your girl child. Deposits run for 15 years and the account matures at year 21.

Yearly Deposit

₹

₹250₹1,50,000

One Lakh Rupees

SSY allows a minimum of Rs 250 and a maximum of Rs 1,50,000 per financial year.

Interest Rate

7%9.5%

The current Sukanya Samriddhi Yojana rate is 8.2% per annum, revised quarterly.

Total Deposited

₹15.00 L

Over 15 years

Total Interest

₹32.88 L

Maturity Value

₹47.88 L

At year 21

Year-by-Year Breakdown

Year-by-Year Breakdown
Year	Amount Invested	Est. Returns	Total Value
Yr 1	₹1.00 L	₹8,200	₹1.08 L
Yr 2	₹2.00 L	₹25,272	₹2.25 L
Yr 3	₹3.00 L	₹51,945	₹3.52 L
Yr 4	₹4.00 L	₹89,004	₹4.89 L
Yr 5	₹5.00 L	₹1.37 L	₹6.37 L
Yr 6	₹6.00 L	₹1.98 L	₹7.98 L
Yr 7	₹7.00 L	₹2.71 L	₹9.71 L
Yr 8	₹8.00 L	₹3.59 L	₹11.59 L
Yr 9	₹9.00 L	₹4.62 L	₹13.62 L
Yr 10	₹10.00 L	₹5.82 L	₹15.82 L

Sukanya Samriddhi Yojana is for a girl child under 10. Deposits are made for 15 years and the account matures 21 years after opening. It has EEE tax status under Section 80C.

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana (SSY) is a Government of India savings scheme specifically for a girl child below 10 years of age. It offers the highest small-savings rate (8.2% per annum for April-June 2026), full EEE tax status under the old regime, and a long-term horizon designed for the girl's education and marriage. Minimum deposit is ₹250/year and maximum ₹1.5 lakh/year, payable for 15 years. The account matures 21 years from opening. Partial withdrawal is allowed after the girl turns 18, for higher education. SSY is widely considered the best dedicated savings scheme for a girl child in India.

How to use the Sukanya Samriddhi Yojana Calculator

Enter the girl's current age. Account must be opened before she turns 10.
Enter the yearly deposit. ₹250 minimum to ₹1.5 lakh maximum per year.
Confirm the SSY rate. Currently 8.2% per annum (April-June 2026).
Tenure of deposit is 15 years. Account matures 21 years from opening.
Review the maturity value. See the substantial tax-free corpus at maturity.

Formula and method

Same as PPF: yearly deposits compounding annually at the SSY rate over the deposit period, then idle compounding until maturity at year 21.

Deposits are made for 15 years. The corpus continues to earn interest until maturity in year 21. The SSY rate is set quarterly by the government and is typically the highest among small-savings schemes.

Why SSY is excellent for a girl child

Highest small-savings rate. Beats PPF, NSC and bank FDs at 8.2% in 2026.
EEE tax status. Deposit, interest and maturity all tax-free (deposit under old regime).
Long horizon, designed for goals. Education at 18, marriage at 21 - built around real milestones.
Partial withdrawal from age 18. Up to 50% for higher education.
Government-backed. Zero default risk.

Sample SSY corpus (deposit start at age 1)

Yearly deposit	At age 18 (partial withdrawal)	At maturity (age 21)
₹25,000	≈ ₹13.6 lakh	≈ ₹16.9 lakh
₹50,000	≈ ₹27.2 lakh	≈ ₹33.8 lakh
₹1,00,000	≈ ₹54.4 lakh	≈ ₹67.7 lakh
₹1,50,000 (max)	≈ ₹81.6 lakh	≈ ₹1.01 crore

Illustrative at 8.2% constant rate. Actual returns vary as the rate is reviewed quarterly by the government.