Sukanya Samriddhi Yojana Calculator

Yearly Investment

Enter value between 250 and 150000
250 ₹ 150000

Start Year

Enter value between 2015 and 2035

Girl's Age

Must be less than 10 Years

Rate of Interest

8.2 %
Total Investment
₹ 16,00,000
Total Interest
₹ 17,761
Maturity Year
2036
Maturity Value
₹ 9,57,568

SSY Calculator: An Online Tool to Calculate Sukanya Samriddhi Yojana Returns

Sukanya Samriddhi calculator: What is it, and how does it work?

The Formula to Calculate Sukanya Samriddhi Yojana Returns

Sukanya Samriddhi Yojana calculator uses the compound interest formula to compute the interest. This formula is presented in the table below:

A = P(r/n+1) ^ nt

Here,

A stands for compound interest

P indicates the principal amount 

r is the rate of interest

n refers to the number of compounding interests in a given year

t indicates the number of years

Allow us to elucidate on this formula by way of an example:

Let’s say Mrs. Sharma invests a yearly amount of ₹ 50,000 in Sukanya Samriddhi Yojana. She makes this deposit every year for 15 years. Additionally, she does not make any withdrawals during the scheme’s tenure, i.e., 21 years.

SSY calculator will utilise this information to employ the aforementioned formula in the following manner:

Deposit Each Year for 21 Years Interest Earned (as Per the Current Rate @8.2%) (Approx.) Year-end Balance (Approx.)
₹ 50,000 ₹ 4,100 ₹ 54,100
₹ 50,000 ₹ 8,536 ₹ 1,12,636
₹ 50,000 ₹ 13,336 ₹ 1,75,972
₹ 50,000 ₹ 18,530 ₹ 2,44,502
₹ 50,000 ₹ 24,149 ₹ 3,18,651
₹ 50,000 ₹ 30,229 ₹ 3,98,881
₹ 50,000 ₹ 36,808 ₹ 4,85,689
₹ 50,000 ₹ 43,926 ₹ 5,79,615
₹ 50,000 ₹ 51,628 ₹ 6,81,244
₹ 50,000 ₹ 59,962 ₹ 7,91,206
₹ 50,000 ₹ 68,979 ₹ 9,10,185
₹ 50,000 ₹ 78,735 ₹ 10,38,920
₹ 50,000 ₹ 89,291 ₹ 11,78,211
₹ 50,000 ₹ 1,00,713 ₹ 13,28,925
₹ 50,000 ₹ 1,13,072 ₹ 14,91,996
₹ 0 ₹ 1,22,344 ₹ 16,14,340
₹ 0 ₹ 1,32,376 ₹ 17,46,716
₹ 0 ₹ 1,43,231 ₹ 18,89,947
₹ 0 ₹ 1,54,976 ₹ 20,44,922
₹ 0 ₹ 1,67,684 ₹ 22,12,606
₹ 0 ₹ 1,81,434 ₹ 23,94,040

Based on the annual deposit of  ₹50,000 for 15 years, the Sukanya Samriddhi calculator will calculate the interest earned as  ₹16,44,040 and the maturity amount as ₹23,94,040.

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