Why SSY is popular
Sukanya Samriddhi offers one of the highest guaranteed, tax-free returns among small savings schemes, backed by the Government. For long horizons, consider combining it with an equity SIP for growth; compare with PPF.
How to use the Sukanya Samriddhi Yojana (SSY) Calculator tool
- Enter the yearly deposit (₹250 to ₹1.5 lakh).
- Enter your daughter's current age and the interest rate.
- See the maturity amount and the year-by-year balance.
Why SaralKit?
- Free forever: no "credits", no trial, no premium tier, no watermark and no daily limit.
- No account, ever: nothing to sign up for. Just open the page and use it.
- No data stored: your files and the numbers you type are processed by your own browser. We never upload, store or see them.
- Works offline: once the page has loaded, most tools keep working without internet.
- Open source: anyone can read the code on GitHub.
Frequently asked questions
How does Sukanya Samriddhi Yojana work?
Parents can open an SSY account for a girl child under 10. You deposit between ₹250 and ₹1.5 lakh a year for 15 years; the account matures 21 years after opening. Interest is set by the Government every quarter.
What is the SSY interest rate?
It has been 8.2% a year for several quarters. Enter the current rate from India Post or your bank.
Is SSY tax-free?
Yes, it is EEE: deposits qualify for 80C (old regime), and the interest and maturity amount are tax-free.
Can money be withdrawn early?
Up to 50% of the balance can be withdrawn after the girl turns 18 for higher education or marriage.