👋 Planning for Your Daughter's Future?

Sukanya Samriddhi Yojana is a government savings program offering tax deductions and premium interest rates for girl children (under 10 years):

15-Year Deposits: Enter your annual contribution (Max ₹1.5L/year). Deposits are made for the first 15 years.

21-Year Maturity: No deposits are made in years 16 to 21, but interest compounds continuously until final maturity at year 21.

Tax-Free Yields: Enjoy an EEE tax status with an official high interest rate (currently stable at 8.2%).

SSY Settings

Annual Deposit (Max ₹1.5L)

₹

SSY Interest Rate (%)

Adjust calculations for inflation?

% Inflation

SSY Maturity Value

₹21,80,070

Maturity after 21 Years (Total Invested: ₹7,50,000)

Inflation Adjusted Value

₹6,39,845

Equivalent purchasing power

SSY Maturity Compounding Graph

Fund Composition

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📊 View Yearly Detailed Amortization Table

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Year	Annual Contribution	Accumulated Balance	Inflation Adjusted

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Understanding the Sukanya Samriddhi Yojana (SSY)

Sukanya Samriddhi Yojana is a government-backed saving program launched in 2015 as part of the *Beti Bachao Beti Padhao* campaign. It targets parents of girl children in India, encouraging them to construct a dedicated fund for their daughters' future education and marriage expenses.

Eligibility & Contribution Guidelines

An SSY account can be opened in the name of a girl child from her birth up to the age of **10 years**. Only one account per child is permitted (maximum two per family). The minimum annual deposit is ₹250, and the maximum limit is capped at **₹1,50,000 per financial year**, aligning with Section 80C tax deduction limits.

Maturity Term & Compounding Rules

While deposits are mandatory for **only 15 years**, the account matures after **21 years** from its opening. During the final 6 years (years 16 to 21), no contributions are made, but the balance continues to earn compounded annual interest at government rates (currently revised at 8.2%). This calculator models this two-phase compounding process accurately.