Sukanya Samriddhi Yojana 2026: New Interest Rate (8.2%) & Calculator Chart
Sukanya Samriddhi Yojana 2026: New Interest Rate (8.2%) & Calculator Chart
Do you want to secure your daughter's future financially? The Sukanya Samriddhi Yojana (SSY) is one of the most powerful savings schemes launched by the Government of India under the Beti Bachao Beti Padhao initiative. With a high 8.2% tax-free interest rate, this scheme transforms small monthly deposits into a large corpus for higher education or marriage.
Key Features of Sukanya Samriddhi Yojana 2026
- Interest Rate: 8.2% per annum (Compounded Annually)
- Minimum Deposit: ₹250 per year
- Maximum Deposit: ₹1.5 Lakh per year
- Investment Period: 15 years
- Maturity Period: 21 years from account opening
- Tax Benefit: EEE Status (Exempt-Exempt-Exempt)
SSY Calculator Chart (Power of Compounding @ 8.2%)
| Monthly Investment | Total Investment (15 Years) | Maturity Amount (Approx @ 8.2%) |
|---|---|---|
| ₹1,000 | ₹1.80 Lakh | ₹5.50 Lakh |
| ₹5,000 | ₹9.00 Lakh | ₹27.80 Lakh |
| ₹10,000 | ₹18.00 Lakh | ₹55.60 Lakh |
| ₹12,500 (Max) | ₹22.50 Lakh | ₹69.80 Lakh |
This shows how early disciplined investing can generate nearly ₹70 Lakh for your daughter by the time she turns 21.
---Eligibility Criteria for SSY Account
- Girl child must be below 10 years at the time of opening account.
- Maximum 2 daughters per family (3 allowed in case of twins).
- Account can be opened in any Post Office or Authorized Bank (SBI, HDFC, ICICI etc.).
- Only one account per girl child allowed.
Documents Required to Open SSY Account
- Birth Certificate of the girl child
- Aadhaar Card / PAN Card of parent or guardian
- Passport-size photographs
- Address proof
Partial Withdrawal & Maturity Rules
Partial Withdrawal: Allowed after the girl turns 18 years old for higher education. Maximum 50% of balance can be withdrawn.
Maturity: Account matures after 21 years or at marriage (after age 18).
If deposits stop after 15 years, interest continues till maturity.
---SSY vs PPF – Which is Better?
| Feature | SSY | PPF |
|---|---|---|
| Interest Rate | 8.2% | 7.1% |
| For | Girl Child Only | Anyone |
| Tax Benefit | EEE | EEE |
| Maturity | 21 Years | 15 Years |
For parents of daughters, SSY offers higher returns than PPF.
---Frequently Asked Questions (FAQs)
Q1: Can NRIs open SSY account?
No, only resident Indian citizens are eligible.
Q2: What happens if minimum ₹250 is not deposited?
Account becomes inactive but can be revived by paying penalty.
Q3: Can I transfer SSY account?
Yes, across Post Offices and banks anywhere in India.
For more savings schemes, also read:
Disclaimer
This article is for informational purposes only. Interest rates are subject to quarterly revision by the Government of India. Always confirm details with your nearest Post Office or authorized bank.
