Sukanya Samriddhi Yojana Calculator – Calculate SSY Maturity & Returns
Use the PlanMyReturns Sukanya Samriddhi Yojana (SSY) Calculator to estimate the maturity value, total investment, interest earned, and annualised return for your daughter’s SSY account.
This calculator is designed to reflect real SSY rules. It supports yearly or monthly investments, flexible contribution patterns, custom yearly inputs, growth charts, downloadable reports, and a complete year-wise SSY breakdown.
What This SSY Calculator Helps You Calculate
- Total amount invested
- Total interest earned
- SSY maturity value
- Total return percentage
- Annualised return (CAGR)
- Maturity year (21-year tenure)
- Year-wise balance and interest
- Growth chart showing invested vs value
All results are estimates meant for planning purposes.
Investment Frequency Options: Yearly or Monthly
You can choose how you contribute to the SSY account:
- Yearly investment (lump sum contribution each year)
- Monthly investment (regular monthly savings)
The calculator automatically adjusts compounding logic based on the selected frequency.
Flexible Investment Types Supported (Key Feature)
Unlike basic SSY calculators, this tool supports real-life investment behaviour.
Fixed Contribution
Invest the same amount every year during the contribution period.
Increasing Contribution by 5% Every Year
Gradually increase investments over time.
Useful if income is expected to grow.
Decreasing Contribution by 5% Every Year
Reduce contribution amounts gradually.
Helpful when planning conservatively.
Custom Year-Wise Contributions
Enter a different investment amount for each year.
Ideal for irregular income or personalised planning.
SSY Account Rules Used in This Calculator
The calculator strictly follows official SSY rules:
- Account can be opened for a girl child aged 0 to 10 years
- Investment period: 15 years
- Account maturity: 21 years from opening
- Interest is compounded annually
- Partial withdrawal of up to 50% allowed after age 18 (for education or marriage)
How SSY Interest Is Calculated
SSY follows annual compounding on the yearly balance.
Simplified SSY Formula
FV = P × [ (1 + r)ⁿ − 1 ] / r
Where:
- FV = Maturity value
- P = Annual investment
- r = Annual interest rate
- n = Number of years
For monthly investments, the calculator converts them internally into annual equivalents.
SSY Calculation Example
Suppose a parent invests ₹50,000 every year in an SSY account opened for a 5-year-old girl, at an interest rate of 8.2%.
Inputs
- Girl child age: 5 years
- Yearly investment: ₹50,000
- Contribution period: 15 years
- Total tenure: 21 years
- Interest rate: 8.2%
Estimated Outcome
- Total investment: ₹7,50,000
- Total interest earned: ~₹14–15 lakh
- Maturity value: ~₹22–23 lakh
- Maturity year: When the girl turns 26
Exact values depend on the interest rate used.
How to Use the PlanMyReturns SSY Calculator
- Select investment frequency (yearly or monthly)
- Enter investment amount
- Choose investment type (fixed, increasing, decreasing, or custom)
- Enter girl child’s age
- Set interest rate
- Select or edit start year
- Click Calculate
You can also:
- Download results as CSV
- Share or copy a prefilled plan link
Quick Investment Scenarios Included
The calculator includes one-click scenarios such as:
- Basic yearly plan
- Standard yearly plan
- Basic monthly plan
- Standard monthly plan
These help you quickly understand different saving strategies.
SSY Year-Wise Breakdown
A detailed year-wise table shows:
- Year and child’s age
- Opening balance
- Investment amount
- Interest earned
- Year-end balance
- Withdrawal eligibility
This helps track progress clearly over time.
SSY vs Other Saving Options (Comparison Table)
SSY vs PPF
| Feature | SSY | PPF |
|---|---|---|
| Beneficiary | Girl child | Any individual |
| Lock-in | 21 years | 15 years |
| Interest | Higher (usually) | Moderate |
| Tax benefit | EEE | EEE |
| Risk | Very low | Very low |
SSY vs Fixed Deposit
| Feature | SSY | FD |
|---|---|---|
| Returns | Higher | Lower |
| Lock-in | Long-term | Flexible |
| Tax on interest | Tax-free | Taxable |
| Goal | Child education/marriage | Short-term saving |
SSY vs Mutual Fund SIP
| Feature | SSY | SIP |
|---|---|---|
| Risk | Low | Market-linked |
| Returns | Fixed | Variable |
| Lock-in | Yes | No |
| Ideal for | Guaranteed child savings | Wealth creation |
Who Should Use This SSY Calculator
- Parents planning education or marriage expenses
- Guardians opening SSY for a girl child
- Users comparing SSY with PPF or FD
- Anyone planning long-term, tax-free savings
Why Use the PlanMyReturns SSY Calculator
- Yearly and monthly investment support
- Flexible contribution patterns
- Custom year-wise inputs
- Accurate rule-based calculations
- Growth chart and detailed tables
- Downloadable and shareable results
- No registration required