Sukanya Samriddhi Yojana Calculator
SSY Maturity Calculator
Calculate Sukanya Samriddhi Yojana maturity amount
₹
years
%
Monthly Deposit Plan
Plan SSY with monthly deposit amounts
₹
years
%
Formula
Maturity = Σ Deposit × (1+r)^remaining years + Growth phase interest
Frequently Asked Questions
What is Sukanya Samriddhi Yojana (SSY)?
SSY is a government-backed savings scheme for the girl child in India, launched under the 'Beti Bachao, Beti Padhao' campaign. It offers one of the highest interest rates among small savings schemes and has EEE tax status.
What are the eligibility criteria for SSY?
The account can be opened for a girl child below 10 years of age by a parent or legal guardian. A maximum of two SSY accounts can be opened per family (one per girl child). The minimum deposit is ₹250 and maximum is ₹1,50,000 per year.
When does SSY mature?
SSY matures 21 years from the date of account opening or on the marriage of the girl after she turns 18. Deposits are required for only the first 15 years, after which the balance earns interest until maturity.
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