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Sukanya Samriddhi Yojana Calculator: SSY under Beti Bachao Beti Padhao offers 8.2 percent interest, tax benefits, and safe returns for girls, maturing to Rs 70 lakh in 21 years.
The Sukanya Samriddhi Yojana is a savings scheme for girls under 10, offering 8.2% interest. (News18)
Sukanya Samriddhi Yojana Calculator: Raising children, especially giving them a good education, can be costly. To help parents of girls save for their daughter’s future, the Indian government launched the Sukanya Samriddhi Yojana (SSY) in 2015. Sukanya Samriddhi Yojana (SSY) is a savings scheme that runs by the government as part of Beti Bachao, Beti Padhao campaign. It allows parents to begin savings for their daughter’s future by saving every month/year, along with getting tax benefits in the old tax regime.
It offers an interest of 8.2 per cent as per small savings rates for October To December period of 2025.
Sukanya Samriddhi Yojana: Key Features
– Can be opened for a girl child aged 10 or below.
– Minimum yearly deposit: Rs 250
– Maximum yearly deposit: Rs 1.5 lakh
– Deposits can be made for 15 years from the date of account opening.
– The account matures in 21 years.
– If the girl gets married before 21 years, the account will be closed.
SSY offers safe returns, tax benefits, and is backed by the government, making it a good long-term investment for your daughter’s future.
Sukanya Samriddhi Yojana (SSY): Eligibility & Account Rules
To open an SSY account, your daughter must be below 10 years of age. The scheme is designed to help families build savings for the future needs of their girl child, mainly education and marriage.
Account Limitations:
- Only one SSY account can be opened per girl child.
- A family can open up to two accounts for two different girl children.
- In special cases like twins or triplets, families are allowed to open more than two accounts, as per the rules.
Annual Deposit Rules:
- To keep the SSY account active, you must deposit a minimum of Rs 250 every financial year.
- If this minimum amount is not deposited, the account becomes the default.
- You can reactivate a defaulted account by paying the minimum amount of Rs 250 plus a penalty of Rs 50 per year of default.
- This revival must be done within 15 years from the date the account was opened.
Guardian Rules:
According to an official Department of Posts circular (dated August 21, 2024), only legal guardians or natural parents are allowed to manage SSY accounts.
If an account is opened by grandparents who are not legal guardians, it must be transferred to the rightful guardian, usually the living parents or a court-appointed legal guardian.
How Much Fund Will Be Accrued After 21 Years On Maturity?
Assuming an investment of Rs 1.5 lakh every year for a period of 21 years, when your girl is only 5 year old, the total investment would be around Rs 22,50,000 by the time of maturity. Given the average interest of 8.2 percent, which is subject to change, the amount would become approximately Rs 70 lakh on the maturity in 2042.
While Rs 70 lakh may sound like a big amount today, its real value will depend on inflation over the next two decades. Assuming an average inflation rate of 6% per year, the purchasing power of Rs 70 lakh in 2046 will be equal to roughly Rs 20–22 lakh in today’s value.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
October 22, 2025, 14:04 IST
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