Regional Notice: This calculator uses India's financial regulations, but you are viewing it in USD. for the most accurate local experience.
SSY Calculator
Savings & Fixed Returns
What is the Sukanya Samriddhi Yojana (SSY) Calculator?
The SSY Calculator is designed to compute the exact maturity value of investments made under the government-backed Sukanya Samriddhi Yojana scheme for the girl child.
How it Works
Under the SSY scheme, you only deposit money for the first 15 years, even though the account matures at 21 years.
This calculator automatically applies the current SSY interest rate of ~8.0% p.a. (compounded annually) and simulates your yearly investments over the 15-year payment term, followed by 6 years of pure compounding.
The Mathematical Formula
A = P × (1 + r/n)^(nt)
The calculator applies this formula for every yearly deposit iteratively across the 21-year period.