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Home  ❯  Finance  ❯  PPF-SSY  ❯  SSY Calculator

SSY (Sukanya Samriddhi Yojana) Calculator 2021

Download SSY Calculator in Excel

What are the features of this SSY Calculator?

This comprehensive and user friendly SSY calculator can be used for calculation of Estimated amount of Interest, Return on Investment and Maturity Amount. The Calculator supports Yearly and Monthly 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 any year.



Select Investment ModeFixed Yearly
Fixed Monthly
Yearly Investment - Variable Yearly
Monthly Investment - Variable Yearly
Select FY of opening A/C
Opening Balance, if any
Fixed Monthly Investment ( Max. 12,500 )
Variable Monthly Investments ( Max. 12,500 )
FYMonthly depositFYMonthly depositFYMonthly deposit
Variable Yearly Investments ( Max. 150000 )
FYYearly depositFYYearly depositFYYearly deposit
Fixed Yearly Investment ( Max. 150000 )
  • The account is opened during 1st April to 5th April.
  • In case of Yearly investments, the investments are made during 1st April - 5th April every year, i.e. the investments qualify for interest for the whole year.
  • In case of Monthly investments, the investments are made during 1st - 5th of every month, i.e. the investments qualify for interest for the month of investment.
  • Current Interest rate is applied for all future interest calculations.


Actual SSY Interest and Yearly Balance Calculator

Calculation of actual amount of yearly interest and closing balance on yearly basis. You can use this SSY calculator to check actual amount of interest for any year for amount(s) deposited in 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 and 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.


Updated : Feb 28, 2021