👧 Sukanya Samriddhi Calculator

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