What is the SSY interest rate?

For Jul–Sep 2026 the notified Sukanya Samriddhi rate is 8.2% p.a. Interest is EEE (tax-free) under current rules.

Who can open an SSY account?

A parent or guardian of a girl under 10, for up to two daughters. Deposits run for 15 years and the account matures when it turns 21.

How much can I deposit in SSY?

₹250 to ₹1.5 lakh a year, and deposits qualify for Section 80C in the old regime.

Sukanya Samriddhi Calculator

The Sukanya Samriddhi calculator projects the maturity value of an SSY account for a girl child. Enter the yearly deposit and her age at opening to see the tax-free maturity amount.

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How the Sukanya Samriddhi Calculator works

SSY pays 8.2% a year, compounded yearly. The government sets small savings rates every quarter. This guide uses the rates the calculator uses, notified for Jul–Sep 2026.

The account is opened before she turns 10. The calculator assumes deposits for 15 years, then growth until 21 years from opening.

The calculator allows up to ₹1.5 lakh a year. SSY is EEE, so the interest is tax-free under current rules.

Formula

A15 = P × [((1 + i)^15 − 1) ÷ i] × (1 + i); A21 = A15 × (1 + i)^6

P = yearly deposit (made at the start of each year)
i = 8.2% a year (as a decimal)
No deposits are made in years 16 to 21

Worked example: ₹1,50,000 a year, opened when she is 2

Total deposited over 15 years = ₹22,50,000.
Balance after 15 years = ₹44,75,989.
With 6 more years of growth, the account matures at ₹71,82,119 when she is about 23.
Tax-free gain = ₹49,32,119.

SSY maturity at 8.2%
Yearly deposit	Total deposited	After 15 years	At 21 years
₹25,000	₹3.8 lakh	₹7.5 lakh	₹12 lakh
₹50,000	₹7.5 lakh	₹14.9 lakh	₹23.9 lakh
₹1,00,000	₹15 lakh	₹29.8 lakh	₹47.9 lakh
₹1,50,000	₹22.5 lakh	₹44.8 lakh	₹71.8 lakh

Illustrative, assuming a constant rate. Actual returns and rates vary.

Tips

Open the account early; the maturity date is fixed from the opening date.
Deposit at the start of the year, as the calculator assumes, so each deposit earns a full year.
SSY interest at 8.2% is tax-free, while TD, NSC, KVP and MIS interest is taxable.
Confirm eligibility and withdrawal rules at India Post before you open the account.

Want to know if your whole plan is on track? Get your free money score in about two minutes. No PAN, no Aadhaar.

About the Sukanya Samriddhi Calculator

Free Sukanya Samriddhi Yojana (SSY) calculator. Project your daughter's account maturity at 8.2% p.a. with 15 years of deposits and tax-free interest.

Frequently asked questions

What is the SSY interest rate?: For Jul–Sep 2026 the notified Sukanya Samriddhi rate is 8.2% p.a. Interest is EEE (tax-free) under current rules.
Who can open an SSY account?: A parent or guardian of a girl under 10, for up to two daughters. Deposits run for 15 years and the account matures when it turns 21.
How much can I deposit in SSY?: ₹250 to ₹1.5 lakh a year, and deposits qualify for Section 80C in the old regime.

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