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Sukanya Samriddhi Yojana Calculator 2020

Use PPF Calculator

Who can use the SSY Calculator?

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?

  1. 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.
  2. 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.

Select and Use / View

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.

Select Investment Mode
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 )
Chart of Year-wise Growth
Hide / Show Columns
Year FY Intt rate During Year Upto Year RoI
YearFYIntt. Rate %During the YearUpto the YearRoI %
DepositInterestDepositInterestBalance
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Presumptions made in calculations : View
  • 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.

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
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.

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 31.03.20159.1% 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 %
01.07.2019 to 31.03.20208.4% p.a.01.04.2020 onwards7.6 %
 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.
Updated : Mar 31, 2020