India · Sukanya Samriddhi · 2026

SSY calculator India 2026 15 yr deposits · 21 yr maturity

15-yr deposits → 21-yr maturity — adjust below.

Your ₹69L SSY maturity isn't ₹69L in today's money. After inflation, its real value is much lower.

Deposit details

₹250–₹1.5L/yr · 80C eligible
Govt rate ~8.2% (quarterly)
Max 15 years of deposits
Standard maturity at 21 years

The truth about her SSY corpus

✅ Strong base
You invest —
Maturity —
Real value —
Real gain —

Tax-free (EEE) doesn't mean inflation-free — turn on inflation below.

8.2% Nominal yield
8.2% You keep
Inflation
— Real return

8.2% → 8.2% → — p.a.

Real return ≈ tax-free yield − inflation (Fisher)

SSY maturity (EEE) — What the passbook shows
In today's money —

Turn on inflation to see today's purchasing power.

EEE · tax-free 6% inflation (editable)

What this means

Adjust for reality Inflation Inflation off
CPI 0–15%

How your SSY grows

Solid line = SSY balance · grey dashed = principal deposited

Invested — Maturity — Interest —

    EEE — tax-free; toggle inflation above for real line

    Invested vs interest

    Tax-free (EEE) split at maturity

    Compare with PPF → Same 80C, different rate

    SSY brochures show nominal maturity at 21 years. For education or marriage goals, compare real value after inflation — and whether you need an equity SIP alongside for costs that rise faster than CPI.

    How SSY, PPF, and ELSS compare

    All three can use Section 80C — but rate, lock-in, and risk differ sharply. Enter the same annual outflow in each calculator with inflation toggles on to compare purchasing power, not just headline returns.

    Dimension SSY PPF ELSS SIP
    Rate / return ~8.2% guaranteed ~7.1% guaranteed ~12% historical CAGR — not guaranteed
    Tax EEE (exempt-exempt-exempt) EEE 80C + LTCG on gains
    Lock-in 21 yrs (deposits stop at 15) 15 yrs (+ extensions) 3 yr ELSS lock-in
    Eligibility Girl below 10 at opening Anyone Anyone
    After inflation ~2% real at 8.2% vs 6% CPI ~1% real at 7.1% vs 6% CPI Historically stronger — with volatility
    Best for Dedicated girl-child corpus General tax-free savings Growth above education inflation

    Practical check: ₹1.5L/yr for 15 years — SSY at 8.2% gives ~₹69L tax-free at year 21; PPF at 7.1% lands lower. For overseas education, model SSY real value with inflation on, then size an equity SIP for the gap.

    Compare side by side: PPF calculator · SIP calculator · SSY deposit vs maturity guide

    What is Sukanya Samriddhi Yojana (SSY)?

    Government-backed savings for the girl child — highest govt rate, EEE tax status, 15-year deposit window, 21-year maturity. The silent growth phase after deposits stop is SSY's structural edge over PPF.

    Open at a post office or authorised bank before the girl turns 10. Max two accounts per family (one per girl child).

    SSY interest rate in India 2026

    As of 2026, SSY offers 8.2% p.a. — revised quarterly by the Ministry of Finance alongside PPF and other small-savings schemes.

    • Historical range: ~7.6% – 9.2% since launch in 2015.
    • Applies to all accounts — rate changes affect existing balances, not just new openings.
    • Compounding: Annual, on the minimum balance between the 5th and last day of each month.

    SSY maturity examples (₹1.5L/yr @ 8.2%)

    TenureInvestedMaturityReal @ 6% CPI
    21 yrs (15+6)₹22.5L~₹69.3L~₹21L
    15 yrs only₹22.5L~₹43.5L—

    The 6-year silent phase adds ~₹25.8L on top of the year-15 balance — use the calculator above with your own contribution amount.

    How SSY works — two phases

    1. Phase 1 (years 1–15): Deposit ₹250–₹1.5L per year. Each deposit earns 80C deduction and compounds annually.
    2. Phase 2 (years 16–21): No fresh deposits — the full corpus compounds tax-free. This silent phase often adds 50–60% to maturity.
    3. Partial withdrawal: Up to 50% at age 18 for higher education.
    4. Closure: Full tax-free maturity at 21, or marriage after 18.

    When should you open SSY?

    • Girl child below 10: Mandatory eligibility — open early to maximise the 15-year deposit window.
    • Education or marriage goal 15+ years out: SSY's 21-year lock matches long girl-child goals.
    • You want EEE + highest govt rate: Beats PPF by ~1% with the same tax treatment.
    • Not enough alone for premium goals: Pair with an equity SIP for education costs that outpace CPI.

    How to use this SSY calculator

    1. Enter annual contribution, interest rate, contribution years, and total account years (default 21).
    2. Results update instantly — maturity, tax-free interest, and effective yield.
    3. Expand Inflation assumption and toggle Apply inflation for real value in today's rupees.
    4. Read the insight chips for 80C utilisation, silent-phase gain, and real-return verdict.

    All calculations run in your browser — inputs are not sent to our servers. Read the SSY guide for the full two-phase picture.

    FAQ

    Sukanya Samriddhi Yojana (SSY) calculator — frequently asked questions

    What is the SSY interest rate in 2026?

    SSY rates are set quarterly by the Government of India. The rate has been 8.2% p.a. for several quarters — among the highest government-guaranteed rates in India. Verify the current notification before planning.

    Does SSY beat inflation?

    At 8.2% nominal and ~6% CPI, SSY delivers roughly 2% real p.a. — stronger than PPF or RD. Turn on Apply inflation in the calculator for exact purchasing-power numbers.

    What happens after SSY contributions stop?

    You deposit for 15 years but the account matures at 21 years. In the 6 silent years, the full corpus compounds tax-free with no fresh deposits — often adding 50–60% to maturity value.

    How much will ₹1.5 lakh per year in SSY give after 21 years?

    At 8.2% p.a., ₹1.5L/year for 15 years then 6 years silent growth gives approximately ₹69.3L tax-free maturity on ₹22.5L invested. After 6% inflation over 21 years, real value is roughly ₹21L in today's rupees.

    Is SSY better than PPF?

    For a girl-child goal, SSY usually wins: 8.2% vs 7.1%, same EEE treatment, sovereign guarantee. PPF is more flexible at maturity for general use. Compare PPF maturity with the same annual contribution.

    Can SSY corpus cover college fees in 2040?

    ₹69L nominal may cover many Indian universities; premium or overseas education likely needs ELSS or SIP alongside. Model real value with inflation on.

    What if I stop contributing before 15 years?

    Account continues earning on existing balance until year 21 — no fresh deposits, no 80C in skipped years. Use the contribution-years slider to model.

    SSY vs ELSS for girl child?

    SSY for guaranteed tax-free base; ELSS SIP for growth. A 60/40 or 70/30 blend over 21 years is common. Use the SIP calculator for the equity leg.

    Can I open SSY if the girl is above 10?

    No — must open before her 10th birthday. Consider PPF or child SIP instead.

    Does SSY rate change for existing accounts?

    Yes — quarterly revision applies to all accounts. Historical range ~7.6–9.2%; 8.2% is a reasonable base case.