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Sukanya Samriddhi Yojana Calculator
Post Office & Bank SSY · maturity amount, year-wise growth, withdrawal at 18 & tax saving
Current interest8.2% p.a.Oct – Dec 2026
Where is the account? Same rate & rules
How will you deposit?
₹
years
% p.a.
More options: deposit date, step-up, withdrawal, tax & goal
Deposit made affects that month’s interest
% / year
% of balance
Your income-tax slab for 80C saving (old regime)
₹
Maturity amount—
Your deposits
Interest earned
| Financial year | Girl’s age | Deposit | Interest | Withdrawal | Closing balance |
|---|
Interest is worked out every month on the lowest balance between the 5th and the end of the month, and added to the account on 31 March each year — exactly how post offices and banks calculate it.
Total deposited
Interest earned
| Feature | Post Office SSY | Bank SSY |
|---|---|---|
| Interest rate | 8.2% (same) | 8.2% (same) |
| Deposit limits | ₹250 – ₹1.5 lakh / year | ₹250 – ₹1.5 lakh / year |
| Where to open | Any post office | Authorised public & private banks |
| How to deposit | Cash/cheque at counter, IPPB app, DakPay | Branch, net banking, standing instruction |
| Passbook | Yes | Yes |
| Transfer | Account can be shifted between post office and bank anywhere in India | |
| Maturity amount | Exactly the same — this calculator works for both | |
Tip: post offices accept deposits in multiples of ₹50 any number of times in a year, as long as the yearly total stays within ₹1.5 lakh.
✅ Key rules
- Opened by parent/guardian for a girl below 10 years; one account per girl, up to two girls per family (three for twins/triplets).
- Deposit ₹250 to ₹1.5 lakh every financial year, for 15 years from opening.
- Account matures 21 years after opening; interest keeps growing in years 16–21 with no deposits.
- Interest rate is announced every quarter by the Government.
💡 Earn more interest
- Deposit before the 5th of the month — after the 5th, that month earns no interest on the new money.
- Yearly payers: deposit before 5th April to earn interest for the whole year.
- Missed the ₹250 minimum? Revive the account by paying ₹50 penalty per year plus the minimum deposit.
🎓 Withdrawal & closure
- Up to 50% of the balance (at the end of the previous financial year) can be withdrawn for education once she turns 18 or passes Class 10.
- Account can be closed early for her marriage after 18, or on compassionate grounds.
🧾 Tax benefit (EEE)
- Deposits qualify for deduction under Section 80C (old tax regime), within the ₹1.5 lakh limit.
- Interest earned and the maturity amount are fully tax-free.
Results are estimates based on the rate you enter, assumed constant for 21 years. Actual rates change every quarter. Please confirm at your post office or bank.