How SSY Calculator Works
Enter yearly deposit (up to ₹1.5 lakh), current SSY interest rate, and tenure (15–21 years). Returns compound annually like PPF until maturity when the girl child turns 21.
Frequently Asked Questions
What is the SSY interest rate?
The government sets SSY rates quarterly. Use the latest notified rate — currently around 8.2% p.a. (check for updates).
How long can I deposit in SSY?
Deposits can be made for 15 years from account opening; the account matures when the girl turns 21.
Disclaimer
- This calculator gives you an estimate only. It is not a promise of exact results.
- This is general information, not personal financial, tax, or legal advice.
- You are responsible for your own decisions. Talk to a qualified professional when it matters.
- Banks set their own deposit rates and terms. Check with your provider.
- Indian tax and government scheme rules can change each financial year. Please confirm with official sources or a chartered accountant (CA).