Sukanya Samriddhi (SSY) Calculator for ₹1,000 per Month
Investing ₹1,000 a month (₹12,000 a year) in a Sukanya Samriddhi account for your daughter grows to ₹5,74,570 by maturity at the current 8.2% rate — the highest among small-savings schemes and fully tax-free (EEE). You deposit for 15 years (₹1,80,000 in total); the corpus then compounds for 6 more years to the 21-year maturity.
Last updated: 2026-06-03
Total invested
₹1,80,000
₹1,000/mo over 21 years
Interest earned
₹3,94,570
at 8.2% p.a. — fully tax-free
Maturity value
₹5,74,570
after 21 years
₹1,000/month SSY — how it builds to ₹5.75 L
| Phase | What happens |
|---|---|
| Years 1–15 | Deposit ₹1,000/month (₹12,000/year) — total ₹1,80,000 invested, earning 8.2% tax-free. |
| Years 16–21 | No more deposits needed — the corpus keeps compounding at 8.2% until the 21-year maturity. |
| At maturity | ₹5,74,570 — tax-free (₹3,94,570 interest on ₹1,80,000). |
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
Founding Partner, Tykhe Ventures · Founder, Kompella Technologies
Founding Partner at Tykhe Ventures ($20M AUM, early-stage investing) and Founder of Kompella Technologies, which provides fractional CTO/CPO services to funded startups. NISM XIX-C certified. Built RupayWise because the financial tools available in India were either oversimplified or designed to sell you a product — not help you decide.
About investing ₹1,000 a month in Sukanya Samriddhi
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for a girl child under 10, carrying the highest interest rate among small-savings schemes — currently 8.2% for April–June 2026. Because it is EEE (tax-free deposit, interest and maturity), the 8.2% rate is also your post-tax return, equivalent to roughly 11.7% from a taxable deposit in the 30% slab.
Key SSY rules
- Eligibility: girl child below 10 years; up to two accounts per family (three for twins/triplets).
- Deposit: ₹250 to ₹1,50,000 per year, for the first 15 years.
- Maturity: 21 years from opening; partial withdrawal (50%) for higher education after age 18.
- Tax: 80C deduction on deposits; EEE — fully tax-free.
Frequently Asked Questions — ₹1,000/month
How much will ₹1,000 per month in SSY grow to?
Investing ₹1,000 a month (₹12,000 a year) in Sukanya Samriddhi grows to ₹5,74,570 at the 21-year maturity, at the current 8.2% rate. You deposit for the first 15 years (₹1,80,000 total) and earn ₹3,94,570 of tax-free interest as the account compounds to maturity. Depositing the year's amount early (before 10 April) maximises interest.
Is ₹1,000 a month within the SSY limit?
Yes. ₹1,000 a month is ₹12,000 a year, within the ₹250 minimum to ₹1,50,000 maximum annual SSY limit. You can deposit monthly or as a lump sum, in any number of instalments.
When does a Sukanya Samriddhi account mature and when can I withdraw?
The account matures 21 years from opening. Deposits are required only for the first 15 years; the balance then keeps earning 8.2% until year 21. You may withdraw up to 50% of the previous year's balance for the girl's higher education after she turns 18, and the account can be closed for her marriage after 18. Otherwise the full ₹5,74,570 is paid at maturity.
Is the SSY maturity from ₹1,000/month taxable?
No. Sukanya Samriddhi has EEE status: deposits qualify for an 80C deduction (up to ₹1.5 lakh a year), the 8.2% interest is tax-free, and the entire ₹5,74,570 maturity is tax-free. It is the highest-returning fully tax-free option for a girl child in India.
Sukanya Samriddhi for Other Amounts
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Disclaimer
Figures are computed by RupayWise's tested calculation engine using the official 8.2% rate for Q1 FY2026-27 (1 Apr–30 Jun 2026), assuming the full annual amount is credited at the start of each year and the rate holds for the entire term. Small-savings rates are reviewed quarterly by the Ministry of Finance, so your actual maturity will change if the rate is revised. Educational information, not financial advice.