Find the maturity value of a Sukanya Samriddhi Yojana account when the girl turns 21.
SSY compounds annually. For the first 15 years, each year's deposit is added before that year's interest is applied; after that, the balance keeps compounding with no further deposits until the girl turns 21.
Each year (while depositing): (Balance + deposit) × (1 + rate)
What is the current SSY interest rate?
8.2% per year for the Jan-Mar 2026 quarter, unchanged from the prior quarter. The government reviews small-savings rates every three months.
What are the deposit limits?
Minimum ₹250 and maximum ₹1,50,000 per financial year, for up to 15 years from account opening.
Is SSY interest taxable?
No. SSY is an EEE (Exempt-Exempt-Exempt) scheme — the deposit qualifies for Section 80C, the interest is tax-free, and the maturity amount is tax-free.