Maturity value, interest and year-by-year growth.
Depositing ₹10,000 a month (₹1,20,000 a year) in Sukanya Samriddhi Yojana for 15 years at 8.2% gives a maturity amount of about ₹57,45,695 after 21 years — completely tax-free.
Assumes the yearly amount is deposited at the start of each financial year. The SSY rate is set by the government each quarter (8.2% at the time of writing).
| SSY rate | Maturity amount |
|---|---|
| 7.6% | ₹52,74,457 |
| 8% | ₹55,84,074 |
| 8.2% | ₹57,45,695 |
| 8.5% | ₹59,97,016 |
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹1,20,000 | ₹9,840 | ₹1,29,840 |
| 2 | ₹1,20,000 | ₹20,487 | ₹2,70,327 |
| 3 | ₹1,20,000 | ₹32,007 | ₹4,22,334 |
| 4 | ₹1,20,000 | ₹44,471 | ₹5,86,805 |
| 5 | ₹1,20,000 | ₹57,958 | ₹7,64,763 |
| 6 | ₹1,20,000 | ₹72,551 | ₹9,57,314 |
| 7 | ₹1,20,000 | ₹88,340 | ₹11,65,653 |
| 8 | ₹1,20,000 | ₹1,05,424 | ₹13,91,077 |
| 9 | ₹1,20,000 | ₹1,23,908 | ₹16,34,985 |
| 10 | ₹1,20,000 | ₹1,43,909 | ₹18,98,894 |
| 11 | ₹1,20,000 | ₹1,65,549 | ₹21,84,443 |
| 12 | ₹1,20,000 | ₹1,88,964 | ₹24,93,408 |
| 13 | ₹1,20,000 | ₹2,14,299 | ₹28,27,707 |
| 14 | ₹1,20,000 | ₹2,41,712 | ₹31,89,419 |
| 15 | ₹1,20,000 | ₹2,71,372 | ₹35,80,791 |
| 16 | — | ₹2,93,625 | ₹38,74,416 |
| 17 | — | ₹3,17,702 | ₹41,92,119 |
| 18 | — | ₹3,43,754 | ₹45,35,872 |
| 19 | — | ₹3,71,942 | ₹49,07,814 |
| 20 | — | ₹4,02,441 | ₹53,10,254 |
| 21 | — | ₹4,35,441 | ₹57,45,695 |
At 8.2%, depositing ₹10,000 a month for 15 years gives about ₹57,45,695 at maturity after 21 years, on total deposits of ₹18,00,000.
No. SSY has EEE status: deposits qualify for 80C (old regime), and both the interest and the maturity amount are tax-free.