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Sukanya Samriddhi Yojana Calculator 2021

Download SSY Calculator in Excel

What are the features of this SSY Calculator?

This user friendly SSY calculator can be used by any person, who is eligible and wishes to open a SSY account or has a SSY account in any authorised bank or post office for calculation of Interest, Return on Investment and Maturity Amount for Fixed Yearly. The Calculator supports Fixed Monthly, Fixed yearly and Variable Yearly modes of investments.

You may also use Actual SSY Interest and Yearly Balance Calculator to know the amount of Interest payable in your SSY account for your investments made during the year.


Investment ModeFixed YearlyFixed Monthly Variable Yearly
FY of opening A/C
Opening Balance, if any
Investment ( Max. 12,500 )
Investments ( Max. 12,500 )
FYMonthly depositFYMonthly depositFYMonthly deposit
Investments ( Max. 150000 )
FYYearly depositFYYearly depositFYYearly deposit
Investment ( Max. 150000 )
PeriodInvestmentInterestMaturity ValueReturn on Investment
21 Years from Date of Opening


Actual SSY Interest and Yearly Balance Calculator

This SSY Calculator calculates actual amount of yearly interest earned and closing balance on yearly basis for SSY accounts opened since launch of Sukanya Samriddhi Yojana / Scheme to till date. You can use this SSY calculator to check actual amount of interest payable for the year for amount and/or amounts deposited in your SSY account at any time during the year.


Select Financial Year for Interest Calculation
Opening Balance as on 1st April of the Year, if any
Month Interest rate Amount Deposited Effective Balance *
Upto 5th of month After 5th of month
Apr 20207.60
May 20207.60
Jun 20207.60
Jul 20207.60
Aug 20207.60
Sep 20207.60
Oct 20207.60
Nov 20207.60
Dec 20207.60
Jan 20217.60
Feb 20217.60
Mar 20217.60
Total amount invested during Financial Year (Max. Rs. 1.5 lacs)
Interest for the Financial Year0
Closing Balance for the Financial Year0
* The effective balance for interest application is the minimum closing balance between 5th and last date of the month.

FAQs : SSY Account

Who decides SSY Interest rate? >What is current SSY interest rate?

The SSY interest rate is notified by Central Government from time to time for all authorised banks and post offices. The current Interest rate is 7.60% p.a. applicable w.e.f. 01.04.2020.

What have been SSY interest rates in the past?

The SSY interest rates since launch of the scheme have been as under:

Financial Year Interest Rate Financial Year Interest Rate
Up to 31.03.20159.1% p.a.01.04.2015 to 31.03.20169.2% p.a.
01.04.2016 to 30.09.20168.6% p.a.01.10.2016 to 31.03.20178.5% p.a.
01.04.2017 to 30.06.20178.4% p.a.01.07.2017 to 31.12.20178.3% p.a.
01.01.2018 to 30.09.20188.1% p.a.01.10.2018 to 30.06.20198.5 % p.a.
01.07.2019 to 31.03.20208.4% p.a.01.04.2020 onwards7.6 % p.a.

How SSY interest is applied and compounded?

The interest is payable on minimum balance available in the account from 5th to last day of month. The interest is applied on last day of the financial year and is compounded at yearly rests.

What are tax benefits of investing in SSY account?

Investments under SSY upto prescribed limits (Currently Rs. 1.50 lacs) are eligible for tax rebate under section 80C of Income Tax Act. The interest earned in SSY accounts is exempt from Income Tax.

What are risks of investing in SSY?

SSY (Sukanya Samriddhi Yojana) is a No Risk investment scheme of Government of India.

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Updated : Jan. 14, 2021
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