Calculate SSY Maturity Amount
Investment Period:
15 years
Maturity Period:
21 years
Total Investment:
₹0
Total Interest Earned:
₹0
Maturity Amount:
₹0
About Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for girl child under Beti Bachao Beti Padhao campaign.
Key Features:
- Account can be opened for girl child up to 10 years of age
- Minimum deposit: ₹250 per year
- Maximum deposit: ₹1,50,000 per year
- Deposit period: 15 years from account opening
- Maturity period: 21 years from account opening
- Current interest rate: 8.2% per annum (Q4 FY 2024-25)
- Interest compounded annually
Tax Benefits:
- Deposit qualifies for deduction under Section 80C (up to ₹1.5 lakh)
- Interest earned is tax-free
- Maturity amount is tax-free
- EEE (Exempt-Exempt-Exempt) status
Withdrawal Rules:
- Partial withdrawal (50%) allowed after girl turns 18
- Premature closure allowed for higher education after 18 years
- Account can be closed on marriage after 18 years