Sukanya Samriddhi Yojana Calculator
Plan savings for your daughter with SSY scheme calculator.
Annual Interest Rate
8.2% p.a. (Fixed)
Compounded
Quarterly
Deposit Period
15 Years
Maturity Period
21 Years
SSY Maturity Formula
A = P { (1 + r/n)^(n×t) }
A = Compound interest (maturity amount)
P = Principal amount (annual deposit) = ₹ 1,00,000
r = Interest rate = 8.2%
n = Compounding frequency = 4 (quarterly)
t = Tenure in years = 21 years
Your Calculation
Annual deposit = ₹ 1,00,000 for 15 years
Compounded quarterly at 8.2% for 21 years
A = ₹ 1,00,000 × (1 + 0.08199999999999999/4)^(4 × 21)
Deposits stop after year 15, balance continues to grow until year 21
Maturity = ₹ 49,65,954
* Lock-in: deposits for 15 yrs, then interest accrues for remaining 6 yrs
Maturity Value (at age 26)
₹49,65,954
* Tax-free under Section 80C • EEE status (Exempt-Exempt-Exempt)
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