Sukanya Samriddhi Yojana Interest Calculator, Benefits, Eligibility 2025

Sukanya Samriddhi Yojana Interest Calculator :- Every parent’s dream is to give best life to their children, especially when it comes to their education and marriage. But it’s tough to manage all these expenses in future, especially when the costs are rising rapidly. So, while keeping this in mind and to help parents to save their money for their daughter’s future, The Government of India started a scheme known as Sukanya Samriddhi Yojana. This scheme is made for girl child, and this scheme will help parents and guardians save money in a simple way. This scheme gives good interest, tax benefits and other benefits. So, to know about this scheme more and in detail keep reading this article till end.

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana is a government savings scheme that is meant to help parents save money for their daughter’s education, higher studies, or marriage. Basically, it is part of the government’s Beti Bachao, Beti Padhao, and it was launched in 2015. The main aim of this scheme is to promote the welfare of girl children by helping parents to save money for their higher education. This scheme allows parents to open a Sukanya Samriddhi Yojana account in the name of a girl in post offices and other authorised banks.

It offers high interest rates among small savings schemes and it also provides tax benefits. This SSY account can be opened anytime after the birth of a girl child until she turns 10 years old and the amount deposits can be made for up to 15 years from the date of account opening.

Objective of Sukanya Samriddhi Yojana

The main purpose behind launching this Sukanya Samriddhi Yojana is to ensure a secure financial future for girl children in India and to promote and develop a habit of saving among parents for their daughter’s future expenses. It also encourages and promotes higher education by providing a fund for the girl’s studies and helps families prepare financially for the girl’s marriage, also it empowers women by investing in girls’ futures, and also it discourages gender biasness by rewarding families for caring for girl children.

How to Get Sukanya Samriddhi Yojana Benefits?

• You can open the account at any post office or authorized commercial bank such as SBI, HDFC, PNB, ICICI, etc.
• Ask them for the Sukanya Samriddhi Yojana Account Opening Form and fill details like, Name of the girl child, Date of birth, Parent’s details and Address and ID proof.
• After that copies of required documents like Birth certificate of the girl child, Identity proof, Address proof and Passport size photographs
• You need to deposit a minimum of ₹250 to open the account, Once the account is opened, you’ll receive a passbook
• After this, you can deposit money anytime during the year, but not less than Rs250 per year, and not more than Rs1.5 lakh per year.

Benefits of Sukanya Samriddhi Scheme

• This scheme offers high interest rate than a normal savings account or fixed deposit.
• Since it is a government scheme your money is 100% safe, there’s no risk
• Whatever money you will invest, the interest you earn, and the amount you get at the end is fully tax-free.
• When your daughter turns 18, you can use the money for her college or wedding.
• You need to deposit money only for 15 years, but the money keeps growing till 21 years, so it is basically a long-term benefit.

Eligibility Criteria

• The girl child must be less than 10 years old.
• Only Indian citizens can apply.
• Only a single account can be opened for each girl child.
• A maximum of two girl children in a family can have SSY accounts.

Sukanya Samriddhi Yojana Interest Rates (2025)

• For the financial year 2025, the interest rate offered under the SSY scheme is 8.2% per year as of October 2025.
• Interest will be calculating every year and add to your account.
• This interest rate may change in every few months but usually it remains high as compared to other savings plans.

Minimum and Maximum Contribution

Minimum Yearly Amount	Rs250
Maximum Yearly Amount	Rs1.5 lakh
Duration of Deposits	15 years
Maturity Period	21 years from opening

Withdrawal and Maturity Rules

• When your daughter turns 18, you can withdraw 50% of the amount for her higher education.
• In this case, you just need to provide proof of admission in a college or university.
• When your daughter turns 21, you can close the account and withdraw the full amount
• Even If she gets married before 21, after turning 18, the account can still be closed.
• You can close the account early only in special cases like If the girl child passes away, If there is a medical emergency or in some other extreme situations.

Sukanya Samriddhi Yojana Calculator 2025

• A calculator helps you know how much money you will get at the end
• So, let’s understand better with an example
• If you save Rs1,000 every month Rs12,000 per year for 15 years at 8.2% interest.
• You will invest Rs1.8 lakh in total.
• You will get around Rs5.2 lakh at maturity after 21 years.

How Much Will You Get If You Deposit Rs 1000 Every Month?

Monthly deposit	Rs1,000
Yearly deposit	Rs12,000
Total investment in 15 years	Rs1.8 lakh
Maturity amount	Around Rs5.2 lakh
Interest earned	R Rs3.4 lakh+

How Much Will You Get If You Deposit ₹2000 Every Month?

Monthly deposit	Rs 2,000
Yearly deposit	Rs 24,000
Total investment in 15 years	Rs 3.6 lakh
Maturity amount	Around Rs10.4lakh
Interest earned	Rs 6.8lakh+

Tax Exemption Under Sukanya Samriddhi Yojana

• This scheme gives full tax benefits
• If you invest up to Rs1.5lakh per year then your investment is tax-free under Section 80C.
• The interest earned every year is also tax-free.
• The maturity amount after 21 years is fully tax-free too.

Contact Us

• Visit your nearest Post Office or authorized bank
• Or visit: https://www.nsiindia.gov.in

FAQs

Can I open more than one account for one daughter?

No, only one account is allowed per girl.

Can both parents deposit in the account?

Yes, either parent or guardian can deposit.

Is the account transferable?

Yes, you can transfer the account from one post office or bank to another.