Money calculator

Sukanya Samriddhi Yojana calculator

A government savings scheme for a girl child's education and future. You deposit for 15 years and the account matures after 21.

Deposit every year (₹)Between ₹250 and ₹1,50,000 a year.

Interest rate (% per year)8.2% for October–December 2026. Reviewed every quarter.

Girl's age when opened

Year opened

Maturity amount in –

–

–total deposited

–interest earned (tax-free)

–her age at maturity

Year by year

A parent or guardian can open the account any time before the girl turns 10, at a post office or bank.
You deposit for the first 15 years. For years 16 to 21 there are no deposits, but the balance keeps earning interest.
The account matures 21 years after it was opened. Up to 50% can be withdrawn for her higher education once she turns 18 or passes Class 10.
Interest is added once a year. This calculator assumes each year's deposit is made at the start of the year.

Is the maturity amount taxed?

No. Interest and maturity are tax-free. Whether deposits also reduce your taxable income depends on the tax regime you choose.

What if I miss a year's deposit?

The account becomes inactive. You can restart it by paying ₹250 for each missed year plus a ₹50 penalty per year.