Reviewed by Finin2min Editorial Desk · Last reviewed 12 August 2026
Project deposits, interest and maturity value under the Sukanya Samriddhi Account using an editable notified interest rate.
Project Sukanya Samriddhi maturity
Projection
Projected maturity corpus
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Projected maturity age
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Component
Amount
Total deposits over 15 years
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Projected interest
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The projection assumes one constant rate. Small-savings rates are notified periodically, so actual maturity will differ.
Income-tax Act, 2025 note: The Section 80C deduction for Sukanya Samriddhi deposits becomes Section 123 (read with Schedule XV) under the Income-tax Act, 2025, effective FY 2026-27. For FY 2025-26 and earlier, Section 80C remains the correct citation. Section numbering note: This page uses Income-tax Act, 1961 terminology for AY 2026-27 references. If applying the Income-tax Act, 2025 for a later year, verify the corresponding provision and exact wording from the official Gazette or Income Tax Department before citing a section number.
How This Is Calculated
The Sukanya Samriddhi Yojana (SSY) account can be opened for a girl child, with deposits allowed for the first 15 years from account opening (between ₹250 and ₹1,50,000 per year), while interest continues to compound until the account matures at 21 years from opening. Like PPF, SSY carries EEE tax status — contributions are deductible under Section 80C, and both interest and maturity proceeds are fully tax-free.
Frequently Asked Questions
Until what age can deposits be made into a Sukanya Samriddhi Account?
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Deposits can be made for 15 years from the date the account is opened. After that, no further deposits are required or accepted, but the balance continues to earn interest until the account matures at 21 years from opening.
What is the minimum and maximum SSY deposit?
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A minimum of ₹250 and a maximum of ₹1,50,000 can be deposited per financial year. Deposits qualify for Section 80C deduction up to the overall ₹1.5 lakh 80C limit.
Is Sukanya Samriddhi interest and maturity amount taxable?
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No. SSY has EEE (Exempt-Exempt-Exempt) status — the deposit is deductible under 80C, the interest earned each year is tax-free, and the maturity amount is fully tax-free on withdrawal.
Can the account be opened for any girl child?
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The account can be opened by a parent or legal guardian for a girl child who is below 10 years of age at the time of account opening, with a maximum of two accounts per family (relaxed for twins/triplets in specific cases).
Scope: Computes the maturity value of a Sukanya Samriddhi Account (SSA) — a Government of India small savings scheme for a girl child — based on annual deposits, current interest rate and the scheme's deposit/maturity rules.
Calculation logic
Compute year-wise compounded balance by applying the scheme's notified interest rate (revised quarterly by the Government of India) to the running balance, adding each year's deposit for the deposit period allowed under the scheme (currently 15 years from account opening).
After the deposit period ends, the balance continues to earn interest (without further deposits) until maturity, which occurs 21 years from account opening or on the girl's marriage after age 18, whichever is earlier, per current SSA rules.
Apply the scheme's minimum (₹250/year) and maximum (₹1,50,000/year) deposit limits when validating the entered annual deposit amount.
Inputs and assumptions
Uses the SSA interest rate applicable as of the calculation date — this rate is revised quarterly by the Ministry of Finance and the calculator's output should be re-checked against the current notified rate for accuracy going forward.
Assumes deposits are made regularly for the full 15-year deposit window as entered; the scheme allows minimum-deposit-only years to keep the account active without penalty beyond a small revival charge for missed years, which is not separately modelled here.
Exclusions and edge cases
SSA interest and maturity amount are exempt from tax under the EEE (Exempt-Exempt-Exempt) structure, per current income-tax provisions for this scheme — the calculator does not apply any tax deduction to the maturity figure.
Premature closure (permitted only in specific circumstances such as the account holder's death or medical emergency) is not modelled — this is a full-term maturity calculation.