The SSY calculator can be used by any person, who has a SSY account in any authorised Bank (SBI, HDFC, PNB, ICICI, ...) or post office or who is eligible and wishes to open a SSY account.
What Calculations are made by the SSY Calculator?
The Estimated SSY Interest, Maturity and Return Calculator can be used for calculation of date of maturity, applicable interest rate, estimated amount of Interest, Return on Investment and Maturity and to view graph of year-wise growth for
for Fixed Monthly and Fixed Yearly, Fixed Monthly but Variable Yearly, Fixed Yearly and Variable Yearly modes of investments.
for accounts opened since launch of Sukanya Samriddhi Yojana / Scheme to till date.
The Actual SSY Interest and Yearly Balance Calculator can be used for calculation of actual amount of yearly interest earned and closing balance on yearly basis for PPF accounts opened since launch of Sukanya Samriddhi Yojana / Scheme to till date.
Estimated SSY Interest, Maturity and Return Calculator
Use this SSY (Sukanya Samriddhi Yojana) Calculator for SSY account in any authorized bank (SBI, HDFC, ICICI, PNB, BOB, IDBI, ....) or Post Office. Features of this calculator are view more ...
Calculation of estimated SSY Interest, Maturity Amount and Return on Investment (RoI).
The calculator takes into account applicable rates notified by the Central Government from time to time since launch of the SSY upto the current date.
The calculation of future Interest is made at the current prevailing SSY Interest rate.
The calculator provides option for selecting investment in Fixed Yearly or Fixed Monthly or Yearly Investment-Variable Yearly and Monthly Investment-Variable Yearly modes.
The calculator also shows Graph of Year-wise Growth in SSY Account.
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
Use this SSY Calculator for SSY account in any authorized bank (SBI, HDFC, ICICI, PNB, BOB, IDBI, ....) or Post Office. Features of this calculator are view more ...
Calculation of actual SSY Interest, Maturity Amount and Return on Investment (RoI).
The calculator takes into account actual date of investment in SSY account. Thus, the calculation of interest is actual as per the applicable interest rate upto the current date.
The calculation of future Interest is made at the current prevailing SSY Interest rate.
The calculations are on yearly basis. On Click / Tap on "Calculate for Next Year" the Closing Balance of the Current Year gets carried over as "Opening Balance for the Next Year" and applicable interest rate also change.
Important Features of SSY Account
Who can use this SSY Calculator?
This SSY calculator can be used by any person, who is eligible to open a SSY account or has a SSY account in any authorised bank or post office for calculation of Interest, Return and Maturity Amount of Investment in SSY Account.
Who decides SSY Interest rate?
The SSY interest rate is notified by Central Government from time to time for all authorised banks and post offices.
What is current SSY interest rate?
The current rate is 7.60% p.a. applicable w.e.f. 01.04.2020.
What is history of SSY interest rates?
The SSY interest rates since launch of the scheme have been as under:
Financial Year
Interest Rate
Financial Year
Interest Rate
Up to 31.03.2015
9.1% p.a.
01.04.2015 to 31.03.2016
9.2% p.a.
01.04.2016 to 30.09.2016
8.6% p.a.
01.10.2016 to 31.03.2017
8.5% p.a.
01.04.2017 to 30.06.2017
8.4% p.a.
01.07.2017 to 31.12.2017
8.3% p.a.
01.01.2018 to 30.09.2018
8.1% p.a.
01.10.2018 to 30.06.2019
8.5 %
01.07.2019 to 31.03.2020
8.4% p.a.
01.04.2020 onwards
7.6 %
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?
The investments under SSY upto prescribed limits 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.