Sukanya Samriddhi Rules (2026)
- •Current interest rate: 8.2% per annum, compounded yearly (revised quarterly).
- •Eligibility: girl child below 10 years; one account per girl, max two per family.
- •Deposits for 15 years; account matures 21 years after opening.
- •Investment limit: ₹250 minimum, ₹1.5 lakh maximum per year; EEE tax-free.
The Real Problem This Solves
Parents park their daughter's future in low-interest savings, not realising SSY offers one of the highest tax-free rates in the country.
This calculator shows exactly what disciplined SSY deposits build by the time she turns 21.
How SSY Grows for Your Daughter
You deposit for 15 years, but the account keeps compounding at 8.2% until it matures 21 years after opening, so it grows for 6 extra years with no further deposits.
Example: Arjun opens an SSY account for his daughter and deposits ₹1.5 lakh every year for 15 years. He invests ₹22.5 lakh total, and by maturity it grows to roughly ₹69 lakh, entirely tax-free, ready for her higher education or marriage.
| Yearly Deposit | Rate | Total Invested | Maturity (21 yrs) |
|---|---|---|---|
| ₹1,50,000 | 8.2% | ₹22.5 lakh | ~₹69 lakh |
| ₹1,00,000 | 8.2% | ₹15 lakh | ~₹46 lakh |
| ₹50,000 | 8.2% | ₹7.5 lakh | ~₹23 lakh |
Frequently Asked Questions
When can I withdraw from SSY?
Up to 50% can be withdrawn after the girl turns 18 for higher education. The full amount is available at maturity, 21 years from opening.
Is SSY better than PPF?
SSY currently offers a higher rate (8.2% vs 7.1%) and the same tax-free status, but it is only for a girl child and has a longer lock-in. For a daughter, it is usually the stronger choice.
Related Calculators
Planned your daughter's future?
Combine it with another tax-free pillar for your own retirement. See what disciplined PPF saving builds with our PPF Calculator.
Open PPF Calculator →