Sukanya Samriddhi calculator — tax-free corpus for your daughter.
The highest-return government guaranteed small-savings scheme — 8.2% compounded annually (Q4 FY26), entirely tax-free under EEE (exempt at deposit under 80C, exempt on interest accrual, exempt at maturity withdrawal). Account matures at daughter's age 21.
Girl-child account
Q4 FY26 rate: 8.2%. Rate reset quarterly by Ministry of Finance. Eligibility: girl-child below 10 years at account opening. Up to 2 accounts per family.
Year-by-year growth
| Yr | Age | Deposit | Interest | Balance |
|---|---|---|---|---|
| 1 | 4 | ₹1.50 L | ₹12,300 | ₹1.62 L |
| 2 | 5 | ₹1.50 L | ₹25,609 | ₹3.38 L |
| 3 | 6 | ₹1.50 L | ₹40,009 | ₹5.28 L |
| 4 | 7 | ₹1.50 L | ₹55,589 | ₹7.34 L |
| 5 | 8 | ₹1.50 L | ₹72,448 | ₹9.56 L |
| 6 | 9 | ₹1.50 L | ₹90,688 | ₹11.97 L |
| 7 | 10 | ₹1.50 L | ₹1.10 L | ₹14.57 L |
| 8 | 11 | ₹1.50 L | ₹1.32 L | ₹17.39 L |
| 9 | 12 | ₹1.50 L | ₹1.55 L | ₹20.44 L |
| 10 | 13 | ₹1.50 L | ₹1.80 L | ₹23.74 L |
| 11 | 14 | ₹1.50 L | ₹2.07 L | ₹27.31 L |
| 12 | 15 | ₹1.50 L | ₹2.36 L | ₹31.17 L |
| 13 | 16 | ₹1.50 L | ₹2.68 L | ₹35.35 L |
| 14 | 17 | ₹1.50 L | ₹3.02 L | ₹39.87 L |
| 15 | 18 | ₹1.50 L | ₹3.39 L | ₹44.76 L |
| 16 | 19 | — | ₹3.67 L | ₹48.43 L |
| 17 | 20 | — | ₹3.97 L | ₹52.40 L |
| 18 | 21 | — | ₹4.30 L | ₹56.70 L |
After year 15 deposits stop, but compounding continues until maturity at age 21.
Rules you should know
- • Eligibility: girl-child < 10 years at opening. Up to 2 accounts per family (twins/triplets can have additional).
- • Deposit window: 15 years from opening. After that, no new deposits — interest continues until 21.
- • Min ₹250/year, max ₹1,50,000/year (combined across all SSY accounts in family).
- • Maturity at 21, OR on marriage after 18 with valid proof.
- • Partial withdrawal allowed after age 18 — up to 50% of previous-year balance for higher education.
- • Opening: India Post or any major bank (SBI, HDFC, ICICI, Axis, BOB, PNB etc).
SSY vs alternatives
- • SSY (8.2%) vs PPF (7.1%) — SSY wins by ~1.1pp for the first 15 years AND gets additional compounding years 16-21 where PPF matures.
- • SSY (8.2% tax-free) vs ELSS (12-15% pre-tax, 12.5% LTCG above ₹1.25L) — equity wins on long-term expected return but carries volatility.
- • Sensible blend: max out SSY (₹1.5L/yr) for certainty, ADD a monthly SIP in a large-cap index fund for the rest of the education corpus.
Paired calculators
Research tool · not investment advice.
Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. SSY rate is reset quarterly by Ministry of Finance. Current rate 8.2% (Q4 FY26). Last revised October 2023. Always use the latest rate for actual planning.