Maturity value, interest and year-by-year growth.
Depositing ₹3,000 a month (₹36,000 a year) in Sukanya Samriddhi Yojana for 15 years at 8.2% gives a maturity amount of about ₹17,23,709 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% | ₹15,82,337 |
| 8% | ₹16,75,222 |
| 8.2% | ₹17,23,709 |
| 8.5% | ₹17,99,105 |
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹36,000 | ₹2,952 | ₹38,952 |
| 2 | ₹36,000 | ₹6,146 | ₹81,098 |
| 3 | ₹36,000 | ₹9,602 | ₹1,26,700 |
| 4 | ₹36,000 | ₹13,341 | ₹1,76,042 |
| 5 | ₹36,000 | ₹17,387 | ₹2,29,429 |
| 6 | ₹36,000 | ₹21,765 | ₹2,87,194 |
| 7 | ₹36,000 | ₹26,502 | ₹3,49,696 |
| 8 | ₹36,000 | ₹31,627 | ₹4,17,323 |
| 9 | ₹36,000 | ₹37,172 | ₹4,90,496 |
| 10 | ₹36,000 | ₹43,173 | ₹5,69,668 |
| 11 | ₹36,000 | ₹49,665 | ₹6,55,333 |
| 12 | ₹36,000 | ₹56,689 | ₹7,48,022 |
| 13 | ₹36,000 | ₹64,290 | ₹8,48,312 |
| 14 | ₹36,000 | ₹72,514 | ₹9,56,826 |
| 15 | ₹36,000 | ₹81,412 | ₹10,74,237 |
| 16 | — | ₹88,087 | ₹11,62,325 |
| 17 | — | ₹95,311 | ₹12,57,636 |
| 18 | — | ₹1,03,126 | ₹13,60,762 |
| 19 | — | ₹1,11,582 | ₹14,72,344 |
| 20 | — | ₹1,20,732 | ₹15,93,076 |
| 21 | — | ₹1,30,632 | ₹17,23,709 |
At 8.2%, depositing ₹3,000 a month for 15 years gives about ₹17,23,709 at maturity after 21 years, on total deposits of ₹5,40,000.
No. SSY has EEE status: deposits qualify for 80C (old regime), and both the interest and the maturity amount are tax-free.