Sukanya Samriddhi Yojana Calculator

Sukanya Samriddhi Yojana Calculator SBI

Total Investment: ₹0

Total Interest: ₹0

Maturity Year:

Maturity Value: ₹0

20240624 153924

Sukanya Samriddhi Yojana Calculator SBI: Your Ultimate Guide to Secure Your Daughter's Future

Are you looking to secure your daughter's future with a reliable investment plan? The Sukanya Samriddhi Yojana (SSY) is one of the best schemes introduced by the Government of India to help you save for your daughter's education and marriage. To simplify your investment planning, we've created an easy-to-use online Sukanya Samriddhi Yojana Calculator. In this blog post, we'll walk you through how to use this tool effectively.0

Retlated Tool

Base64 Encode/Decode Online Tool

Discounted Cash Flow Calculator India

Google Password Generator

Love Calculator Google

Free GST Calculator

ISA Calculator

What is the Sukanya Samriddhi Yojana (SSY)?

The Sukanya Samriddhi Yojana is a government-backed savings scheme aimed at encouraging parents to save for their girl child's future. The scheme offers attractive interest rates and tax benefits, making it a popular choice among parents.

Features of the Sukanya Samriddhi Yojana Calculator SBI

Our SSY calculator helps you estimate the maturity amount and total interest earned based on your initial deposit, annual contributions, and other factors. Here's what you can do with our calculator:

  • Initial Deposit: Enter the amount you plan to deposit initially.
  • Annual Contribution: Enter the amount you will contribute each year.
  • Girl's Age: Enter your daughter's age (must be less than 10 years).
  • Investment Period: Specify the deposit term (up to 15 years).
  • Maturity Period: Specify the maturity term (up to 21 years).
  • Interest Rate: Enter the current interest rate (usually updated annually by the government).

How to Use the Sukanya Samriddhi Yojana Calculator SBI

Follow these simple steps to calculate your SSY returns:

  1. Access the Calculator: Open the Sukanya Samriddhi Yojana Calculator SBI on our website.
  2. Enter Initial Deposit: Input the initial deposit amount you plan to start with. This could be as low as ₹250.
  3. Enter Annual Contribution: Enter the amount you will contribute annually. The minimum annual contribution is ₹250.
  4. Enter Girl's Age: Provide your daughter's current age. Remember, the scheme is available for girls below 10 years of age.
  5. Set Investment Period: Specify the number of years you will continue making annual contributions (up to 15 years).
  6. Set Maturity Period: Enter the total maturity period (up to 21 years). This includes the investment period plus the time until the account matures.
  7. Input Interest Rate: Enter the current interest rate. The government updates this rate periodically.
  8. Calculate: Click the "Calculate" button to see the results.

Understanding the Results

Once you hit "Calculate," the results will display the following:

  • Total Investment: The total amount you have invested over the years.
  • Total Interest: The total interest earned on your investment.
  • Maturity Year: The year when your investment will mature.
  • Maturity Value: The final amount you will receive at maturity.

Additionally, the calculator generates a line chart showing the growth of your investment over the years.

Example Calculation

Let's take an example to illustrate how the calculator works:

  • Initial Deposit: ₹10,000
  • Annual Contribution: ₹30,000
  • Girl's Age: 3 years
  • Investment Period: 15 years
  • Maturity Period: 21 years
  • Interest Rate: 8.2%

By entering these values and clicking "Calculate," you will see the maturity amount and total interest earned.

Benefits of Using the Sukanya Samriddhi Yojana Calculator SBI

  • Easy Planning: Plan your investments effectively with clear projections.
  • Accurate Estimates: Get precise calculations based on current interest rates and contributions.
  • Visual Representation: Understand your investment growth with intuitive charts.
  • User-Friendly: Our calculator is designed to be simple and easy to use for everyone.


The Sukanya Samriddhi Yojana Calculator is a powerful tool to help you plan your daughter's future with confidence. By providing accurate estimates and a clear visualization of your investments, it allows you to make informed decisions and ensure a bright future for your daughter. Start using our calculator today and take the first step towards securing your daughter's dreams.

For any further queries or support, feel free to contact us. Happy investing!

Frequently Asked Questions (FAQ)

What is the Sukanya Samriddhi Yojana (SSY)?

The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme specifically designed for girl children in India. It offers a high interest rate and tax benefits to encourage parents to save for their daughters' future education and marriage expenses.

Who can open an SSY account?

An SSY account can be opened for a girl child by either her biological parents or legal guardians. The account can be opened from the girl's birth until she attains an age of 10 years.

What is the minimum and maximum deposit amount in an SSY account?

The minimum deposit amount in an SSY account is ₹250, and the maximum deposit amount in a year is ₹1.5 lakh.

What is the interest rate for SSY?

The interest rate for SSY is subject to change by the government. The current interest rate as of June 2024 is 8.2% per annum.

What is the maturity period for SSY?

The maturity period for SSY is 21 years. The account can be kept active for a maximum period of 21 years from the account opening date.

Can I withdraw money from my SSY account before maturity?

Premature withdrawal from an SSY account is generally not allowed. However, partial withdrawals can be made after the girl attains the age of 18 years for certain specific purposes, such as higher education or marriage expenses.

What are the tax benefits of SSY?

SSY offers tax benefits under Section 80C of the Income Tax Act. The amount deposited in an SSY account up to a maximum of ₹1.5 lakh per financial year is eligible for tax deduction. The interest earned on the SSY account is also tax-free.

How can I use the SBI SSY calculator?

The SBI SSY calculator is a tool that helps you estimate the maturity value of your SSY investment. To use the calculator, you need to enter the following details:
Initial deposit amount
Annual contribution amount
Girl's age
Investment period
Interest rate
The calculator will then calculate the total investment, total interest earned, maturity year, and maturity value

Is the SBI SSY calculator accurate?

The SBI SSY calculator provides an approximate estimate of the maturity value based on the current interest rate and the information you provide. The actual maturity value may vary slightly due to potential changes in interest rates over time.

Where can I find more information about SSY?

You can find more information about SSY on the official website of the Ministry of Finance, Government of India:

: Can I open more than one SSY account for a single girl child?

No, you can only open one SSY account for a single girl child.

What happens to my SSY account if my daughter dies before maturity?

In case of the girl's death before maturity, the nominee or legal heir can claim the maturity amount.

Can I transfer my SSY account to another bank?

Yes, you can transfer your SSY account to another bank by submitting a transfer request form.

What if I forget my SSY account details?

You can contact your bank branch to retrieve your SSY account details.