Sukanya Samriddhi Yojana (SSY) Calculator

Yearly Investemt

Start Year

Rate of Interest (2022)


Total Investment


Total Interest


Maturity Year


Maturity Value


What is Sukanya Samriddhi Yojana Calculator?

Sukanya Samriddhi Yojana (SSY) is a Government of India initiative as a part of the Beti Bachao, Beti Padhao campaign. It’s a small savings scheme dedicated to the daughters of India who are below 10 years of age. The interest rate is decided and evaluated by the government every quarter. The current interest rate stands at 7.60% p.a.

The Sukanya Samriddhi Yojana calculator allows anyone who is considering investing in the Sukanya Samriddhi Yojana for their daughters to determine how much they would earn when the account matures. You could use the Navi Sukanya Samriddhi Yojana Calculator to view the returns in a quick, hassle-free and accurate way.

How does Sukanya Samriddhi Yojana Calculator Work?

The Sukanya Samriddhi Yojana Calculator requires you to provide a few relevant information like your daughter’s age, amount of contribution and the investment year.

While calculating the maturity amount, the SSY calculator makes a number of assumptions:

  • The investor deposits a fixed amount every year
  • Annual deposits are made on the 1st of April every year
  • Monthly contributions are made on the 1st of every month
  • No deposits are to be made between the 15th year and 21st year of investment
  • No withdrawals are made during the 21-year tenure
  • The interest rate is constant throughout the investment period

You can use Navi’s Sukanya Samriddhi Yojana Calculator to check your SSY returns upon maturity. Here’s how Navi SSY Calculator works:

Select the investment amount

Use the slide bar to choose your yearly contributions

Select start year

Choose the year based on the first investment made

Select the girl’s age

Your daughter’s age should be less than 10 years

The rate of interest is fixed. The calculator would show you the total investment made, total interest earned, maturity period and maturity value in just a matter of seconds.

Formula to Calculate Sukanya Samriddhi Yojana Returns

You can view the maturity amount and interest accrued on your investment using the SSY calculator. The formula for Sukanya Samriddhi Yojana is given as:
Compound interest = Principal amount (1 + Rate of interest / Number of times interest compounds in a year) * Number of years

For example, if you invest ₹10,000 each year in the Sukanya Samriddhi Yojana account, and start the investment when the girl child turns 1 year old in 2022, you would have invested ₹1,50,000 in total. The interest accrued on this would be ₹2,74,344. Upon maturity in 2043, the total amount the girl child would receive is ₹4,24,344.

Advantages of Using Navi Sukanya Samriddhi Yojana Calculator

Here are some of the advantages of Navi’s Sukanya Samriddhi Yojana calculator

User-friendly design

The calculator is designed to provide a seamless experience


Check the maturity amount on the Sukanya Samriddhi Yojana in a few seconds

Plan better for your daughter

Calculate the returns and plan your investments accordingly to secure your daughter’s future

Frequently asked questions

The SSY account matures after 21 years from the date of opening the account.
Sukanya Samriddhi Yojana is a Government initiative so there’s little to no risk involved. The scheme aims to provide guaranteed returns.
You should be a citizen of India while your daughter should be less than 10 years of age. Also, the account should be opened by the parents of the child or their legal guardian.
Only 1 Sukanya Samriddhi Yojana account can be made for a girl child. The maximum number of accounts a guardian can create is restricted to 2 for each of their girl children. The only exceptions are in the case of twins or triplets.
Individuals need only ₹250 to open an account. Additionally, they must maintain a minimum investment of ₹250 to keep the account open. The maximum investment amount is capped at ₹1.5 lakh per year.
If no deposits are made, an Sukanya Samriddhi Yojana account becomes inactive. However, if you pay a penalty charge of ₹50, you can restore the account.
Yes, you can claim tax benefits up to ₹1.5 lakh under Section 80C against the interest and maturity amount for Sukanya Samriddhi Yojana.
Disclaimer : Navi does not guarantee accuracy, completeness or correct sequence of any of the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained/data generated herein or on its completeness/accuracy. The use of any information set out is entirely at the User’s own risk.


Jan 1

Income Tax On Interest Earned From Fixed Deposits

Fixed deposits are popular saving instruments that allow you to earn interest for depositing an amount for a fixed period.

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