SSY Calculator (Sukanya Samriddhi Yojana)
Calculate guaranteed, tax-free returns for your girl child’s higher education and marriage. Updated for the current Ministry of Finance interest rate of 8.2% per annum.
SSY Scheme Inputs
21-Year Growth Ledger
Frequently Asked Questions
What is the current interest rate for Sukanya Samriddhi Yojana (SSY)?
The Ministry of Finance notified the SSY interest rate at 8.2% per annum, compounded annually (applicable from Q4 FY 2023-24 through FY 2025-26). Rates are reviewed quarterly by the Government of India.
For how many years do I need to deposit money in SSY?
Deposits must be made for exactly 15 years from the date of account opening. From year 16 to year 21, no further deposits are required, but the accumulated balance continues to earn the prevailing government interest rate until maturity.
Can money be withdrawn from SSY before 21 years?
Partial withdrawal of up to 50% of the balance at the end of the preceding financial year is permitted for the girl child’s higher education once she attains 18 years of age or completes Class 10.