Sukanya Samriddhi Yojana Calculator

Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched under the Beti Bachao Beti Padhao campaign. The scheme is specially designed to help parents or guardians build a secure financial corpus for their girl child's education and marriage. SSY offers guaranteed returns, EEE tax benefits, and long-term wealth creation. Using a Sukanya Samriddhi Yojana Calculator, you can easily estimate the maturity amount and plan how much you need to invest every year for your daughter's future.

Who Can Use the Sukanya Samriddhi Yojana Calculator?

The SSY calculator can be used by parents or legal guardians who are eligible to open a Sukanya Samriddhi account.

Eligibility Conditions

• The girl child must be an Indian citizen
• The girl's age must be below 10 years at the time of account opening
• A parent or legal guardian can open:
  • Maximum two SSY accounts, or
  • Three accounts in case of twins/triplets
• Only parents or legal guardians are allowed to open and operate the account

Documents Required

• Girl child's birth certificate
• Parent/guardian identity proof (Aadhaar, PAN, Passport, Driving Licence, etc.)
• Address proof of parent/guardian
• Any additional documents required by the bank or post office

How to Use the Sukanya Samriddhi Yojana Calculator?

Paytm's Sukanya Samriddhi Yojana Calculator is easy and quick to use. You only need to enter a few details to calculate the maturity value.

Required Inputs

• Investment per year - Annual amount you plan to invest
• Girl child's age - Age at the time of account opening
• Start year - Year in which the investment begins

Calculator Output

• Maturity year - SSY matures after 21 years
• Maturity amount - Total corpus including interest earned

Sukanya Samriddhi Yojana Calculator Example

Mr. Sharad invests ₹50,000 per year in SSY for his daughter, starting when she was a few months old.

At the current interest rate of 8.2%, the calculator shows:

• Total investment: ₹7,00,000
• Interest earned: ₹14,14,196
• Maturity amount: ₹21,14,196
• Maturity year: 2041

How Does the Sukanya Samriddhi Yojana Calculator Work?

The Paytm SSY calculator automatically calculates the maturity amount using the latest government-declared SSY interest rate.

Key Rules Considered by the Calculator

• Total maturity period: 21 years
• Investments are required only for the first 15 years
• No contributions are needed from 16th to 21st year
• Interest continues to be earned on the accumulated balance
• Interest rate is assumed to remain constant
• No withdrawals during the lock-in period

Another Example

Mr. and Mrs. Mukund invest ₹50,000 annually for 15 years after their daughter Misha is born.

• Total investment: ₹7,50,000
• Interest earned (21 years): ₹14,47,689
• Maturity value: ₹21,97,690

How Can the Sukanya Samriddhi Yojana Calculator Help?

Investing in your daughter's future is one of the best financial decisions you can make. The SSY calculator helps you plan this investment smartly.

Benefits of Paytm SSY Calculator

• Free and instant maturity calculation
• Eliminates manual and complex calculations
• Helps compare different annual investment amounts
• Easy to use with accurate projections
• Supports long-term education and marriage planning