Maturity value, interest and year-by-year growth.
Depositing ₹2,000 a month (₹24,000 a year) in Sukanya Samriddhi Yojana for 15 years at 8.2% gives a maturity amount of about ₹11,49,139 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% | ₹10,54,891 |
| 8% | ₹11,16,815 |
| 8.2% | ₹11,49,139 |
| 8.5% | ₹11,99,403 |
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹24,000 | ₹1,968 | ₹25,968 |
| 2 | ₹24,000 | ₹4,097 | ₹54,065 |
| 3 | ₹24,000 | ₹6,401 | ₹84,467 |
| 4 | ₹24,000 | ₹8,894 | ₹1,17,361 |
| 5 | ₹24,000 | ₹11,592 | ₹1,52,953 |
| 6 | ₹24,000 | ₹14,510 | ₹1,91,463 |
| 7 | ₹24,000 | ₹17,668 | ₹2,33,131 |
| 8 | ₹24,000 | ₹21,085 | ₹2,78,215 |
| 9 | ₹24,000 | ₹24,782 | ₹3,26,997 |
| 10 | ₹24,000 | ₹28,782 | ₹3,79,779 |
| 11 | ₹24,000 | ₹33,110 | ₹4,36,889 |
| 12 | ₹24,000 | ₹37,793 | ₹4,98,682 |
| 13 | ₹24,000 | ₹42,860 | ₹5,65,541 |
| 14 | ₹24,000 | ₹48,342 | ₹6,37,884 |
| 15 | ₹24,000 | ₹54,274 | ₹7,16,158 |
| 16 | — | ₹58,725 | ₹7,74,883 |
| 17 | — | ₹63,540 | ₹8,38,424 |
| 18 | — | ₹68,751 | ₹9,07,174 |
| 19 | — | ₹74,388 | ₹9,81,563 |
| 20 | — | ₹80,488 | ₹10,62,051 |
| 21 | — | ₹87,088 | ₹11,49,139 |
At 8.2%, depositing ₹2,000 a month for 15 years gives about ₹11,49,139 at maturity after 21 years, on total deposits of ₹3,60,000.
No. SSY has EEE status: deposits qualify for 80C (old regime), and both the interest and the maturity amount are tax-free.