Maturity value, interest and year-by-year growth.
Depositing ₹5,000 a month (₹60,000 a year) in Sukanya Samriddhi Yojana for 15 years at 8.2% gives a maturity amount of about ₹28,72,848 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% | ₹26,37,229 |
| 8% | ₹27,92,037 |
| 8.2% | ₹28,72,848 |
| 8.5% | ₹29,98,508 |
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹60,000 | ₹4,920 | ₹64,920 |
| 2 | ₹60,000 | ₹10,243 | ₹1,35,163 |
| 3 | ₹60,000 | ₹16,003 | ₹2,11,167 |
| 4 | ₹60,000 | ₹22,236 | ₹2,93,403 |
| 5 | ₹60,000 | ₹28,979 | ₹3,82,382 |
| 6 | ₹60,000 | ₹36,275 | ₹4,78,657 |
| 7 | ₹60,000 | ₹44,170 | ₹5,82,827 |
| 8 | ₹60,000 | ₹52,712 | ₹6,95,538 |
| 9 | ₹60,000 | ₹61,954 | ₹8,17,493 |
| 10 | ₹60,000 | ₹71,954 | ₹9,49,447 |
| 11 | ₹60,000 | ₹82,775 | ₹10,92,222 |
| 12 | ₹60,000 | ₹94,482 | ₹12,46,704 |
| 13 | ₹60,000 | ₹1,07,150 | ₹14,13,854 |
| 14 | ₹60,000 | ₹1,20,856 | ₹15,94,710 |
| 15 | ₹60,000 | ₹1,35,686 | ₹17,90,396 |
| 16 | — | ₹1,46,812 | ₹19,37,208 |
| 17 | — | ₹1,58,851 | ₹20,96,059 |
| 18 | — | ₹1,71,877 | ₹22,67,936 |
| 19 | — | ₹1,85,971 | ₹24,53,907 |
| 20 | — | ₹2,01,220 | ₹26,55,127 |
| 21 | — | ₹2,17,720 | ₹28,72,848 |
At 8.2%, depositing ₹5,000 a month for 15 years gives about ₹28,72,848 at maturity after 21 years, on total deposits of ₹9,00,000.
No. SSY has EEE status: deposits qualify for 80C (old regime), and both the interest and the maturity amount are tax-free.