SSY Calculator: Securing Your Girl Child’s Future

SSY Calculator: Securing Your Girl Child’s Future

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Securing Your Daughter’s Future

Launched under the "Beti Bachao, Beti Padhao" campaign, the Sukanya Samriddhi Yojana (SSY) is hands-down the most rewarding government savings scheme available today. It consistently offers an interest rate that beats PPF and fixed deposits.

The Unique 21-Year Structure

The rules of SSY are unique. You only need to deposit money for the first 15 years. After that, the account continues to earn compound interest for another 6 years without you adding a single rupee, until it matures at 21 years.

Because of this split structure, calculating the final amount is complex. I built the SSY Calculator to map out exactly how your daughter's corpus will grow over those two decades.

Frequently Asked Questions

What is the maximum amount I can deposit?

Just like PPF, the maximum deposit limit for SSY to claim tax benefits under Section 80C is ₹1.5 Lakhs per financial year.