💰 SSY Calculator - Rs. 5,000/month
Sukanya Samriddhi Yojana maturity at 8.2% - For: Salaried professionals
Maturity amount (21 years)
Rs. 28.73 lakh
Wealth gain: +219%
Total deposited (15 yrs)
Rs. 9.00 lakh
Rs. 60,000/year x 15
Tax-free interest earned
Rs. 19.73 lakh
100% tax free (EEE)
| Girl opened at age | Deposit ends | Account matures | Maturity corpus |
|---|---|---|---|
| At birth | At age 15 | At age 21 | Rs. 28.73 lakh |
| Age 3 | At age 18 | At age 24 | Rs. 28.73 lakh |
| Age 5 | At age 20 | At age 26 | Rs. 28.73 lakh |
| Age 8 | At age 23 | At age 29 | Rs. 28.73 lakh |
| Age 10 | At age 25 | At age 31 | Rs. 28.73 lakh |
Corpus is same regardless of opening age (21-year maturity always applies from date of opening)
Customize - adjust deposit, rate, or girl's age
≈ ₹5,000/month
Account matures when she turns 26
Maturity Amount (2046)
₹28.73 L
Wealth gain: +219.2%
Total deposited (15 yrs)
₹9 L
₹60,000/year
Total interest earned
₹19.73 L
100% tax free (EEE)
SSY corpus growth over 21 years — deposits (pink) + interest (green)
Year-by-year growth
| Year | Girl age | Deposited | Interest | Balance |
|---|---|---|---|---|
| 2026 | 6 yrs | ₹60,000 | ₹4,920 | ₹64,920 |
| 2027 | 7 yrs | ₹60,000 | ₹10,243 | ₹1.35 L |
| 2028 | 8 yrs | ₹60,000 | ₹16,003 | ₹2.11 L |
| 2029 | 9 yrs | ₹60,000 | ₹22,236 | ₹2.93 L |
| 2030 | 10 yrs | ₹60,000 | ₹28,979 | ₹3.82 L |
| 2031 | 11 yrs | ₹60,000 | ₹36,275 | ₹4.79 L |
| 2032 | 12 yrs | ₹60,000 | ₹44,170 | ₹5.83 L |
| 2033 | 13 yrs | ₹60,000 | ₹52,712 | ₹6.96 L |
SSY key rules
Interest rate is reviewed quarterly by the Ministry of Finance and can change. Calculations assume the current rate stays constant throughout. Actual returns depend on future rate revisions. Consult your nearest post office or authorized bank for account details.
What is the maturity of SSY with Rs. 5,000/month?
Depositing Rs. 5,000/month (Rs. 60,000/year) in Sukanya Samriddhi Yojana at 8.2% compounded annually grows to a tax-free maturity of Rs. 28.73 lakh. You deposit for only the first 15 years — a total of Rs. 9.00 lakh — but the account keeps earning interest until it matures at the end of year 21, adding Rs. 19.73 lakh of tax-free interest (a 219% gain over what you put in).
SSY deposits run for only the first 15 years, yet the corpus keeps compounding for another 6 years with no fresh contribution — which is why the maturity value is far higher than the Rs. 9.00 lakh you deposit. The 8.2% rate is notified quarterly by the Government of India and applied to your full balance; this calculation assumes it holds steady, but a future rate change would raise or lower the final corpus.
Rs. 5,000/month SSY - balance at each stage
| Stage | Total deposited | Interest (tax-free) | Balance |
|---|---|---|---|
| End of year 5 | Rs. 3.00 lakh | Rs. 82,381 | Rs. 3.82 lakh |
| End of year 10 | Rs. 6.00 lakh | Rs. 3.49 lakh | Rs. 9.49 lakh |
| End of year 15 (deposits stop) | Rs. 9.00 lakh | Rs. 8.90 lakh | Rs. 17.90 lakh |
| End of year 18 | Rs. 9.00 lakh | Rs. 13.68 lakh | Rs. 22.68 lakh |
| Year 21 (maturity) | Rs. 9.00 lakh | Rs. 19.73 lakh | Rs. 28.73 lakh |
Deposits of Rs. 60,000/year stop at the end of year 15, by which point the balance is Rs. 17.90 lakh. From year 16 to 21 you add nothing, yet interest alone pushes the corpus from Rs. 17.90 lakh to Rs. 28.73 lakh — those final six years contribute Rs. 10.82 lakh of pure, tax-free growth.
Tax benefit and deposit cap for Rs. 5,000/month
Section 80C deduction / year
Rs. 60,000
full deposit qualifies
Potential tax saved / year (30% slab)
Rs. 18,720
old regime, incl. 4% cess
SSY carries full EEE status. The Rs. 60,000 deposited each year is deductible under Section 80C (old regime), the 8.2% annual interest is tax-free, and the entire Rs. 28.73 lakh maturity is exempt. In the 30% bracket the 80C deduction can save about Rs. 18,720 a year (Rs. 12,480 in the 20% bracket). The scheme caps deposits at Rs. 1.5 lakh per year with a Rs. 250 minimum; raising your deposit to the Rs. 1.5 lakh limit would grow the corpus to Rs. 71.82 lakh.
FAQs - SSY Rs. 5,000/month
What is the maturity amount for SSY with Rs. 5,000/month deposit?▾
Depositing Rs. 5,000/month (Rs. 60,000/year) in Sukanya Samriddhi Yojana at 8.2% gives a maturity corpus of Rs. 28.73 lakh at the end of 21 years. You deposit only for the first 15 years — Rs. 9.00 lakh in total — and earn Rs. 19.73 lakh of tax-free interest (a 219% gain).
Why do I deposit for 15 years but the SSY account matures at 21?▾
SSY rules require deposits only for the first 15 years from account opening, but the account matures 21 years from opening. In the final 6 years you contribute nothing, yet the balance keeps earning 8.2% compound interest — growing from Rs. 17.90 lakh at the end of year 15 to Rs. 28.73 lakh at maturity.
How much will Rs. 5,000/month SSY be worth at year 5, 10 and 15?▾
At 8.2%, Rs. 5,000/month grows to about Rs. 3.82 lakh by the end of year 5, Rs. 9.49 lakh by year 10, and Rs. 17.90 lakh by year 15 when deposits stop. It then compounds untouched to Rs. 28.73 lakh at the 21-year maturity.
Is SSY interest and maturity really tax free?▾
Yes. SSY has EEE (Exempt-Exempt-Exempt) status: deposits up to Rs. 1.5 lakh/year are deductible under Section 80C (old regime), the interest earned each year is completely tax free (not added to income), and the maturity corpus is entirely tax free on withdrawal. For Rs. 5,000/month, that means the full Rs. 19.73 lakh of interest and the Rs. 28.73 lakh maturity are exempt.
Is Rs. 5,000/month eligible for the full 80C deduction?▾
Yes — your Rs. 60,000/year deposit is fully deductible under Section 80C (old regime), within the Rs. 1.5 lakh limit. In the 30% bracket that saves roughly Rs. 18,720 in tax a year (about Rs. 12,480 in the 20% bracket). Section 80C is available only under the old tax regime.
Can I deposit more than Rs. 5,000/month in SSY?▾
Yes. The SSY minimum is Rs. 250/year and the maximum is Rs. 1.5 lakh/year. Increasing your deposit to the Rs. 1.5 lakh maximum would grow the corpus from Rs. 28.73 lakh to Rs. 71.82 lakh.
What happens if I miss a yearly SSY deposit?▾
An SSY account with no deposit in a year becomes "in default." You can revive it by paying a Rs. 50 penalty plus the Rs. 250 minimum for each missed year. Keeping Rs. 5,000/month flowing every year avoids penalties and keeps the corpus on track for Rs. 28.73 lakh at maturity.