Sukanya Samriddhi Yojana (SSY) 2026: Interest Rate, Rules & Calculator
The Sukanya Samriddhi Yojana (SSY) remains one of the most powerful savings schemes for the girl child in India. As of February 2026, the government continues to offer an attractive interest rate, making it a preferred choice for securing your daughter's education and marriage expenses.
Backed by the Government of India, this "Beti Bachao, Beti Padhao" initiative offers tax-free returns (EEE status) and guaranteed growth.
Latest SSY Interest Rate (2026)
📈 Current Interest Rate: 8.2% p.a.
For the quarter ending March 2026, the SSY Interest Rate is 8.2% per annum, compounded annually. This is significantly higher than most Fixed Deposits (FDs) and PPF.
Eligibility Criteria (2026)
- Girl Child Only: Account can be opened only for a girl child.
- Age Limit: Below 10 years at the time of account opening.
- Number of Accounts: Max 2 accounts per family (one for each girl). Exception: Twins/Triplets allowed (up to 3).
- Citizenship: The girl must be an Indian Resident.
Investment Limits
| Parameter | Limit |
|---|---|
| Minimum Annual Deposit | ₹250 |
| Maximum Annual Deposit | ₹1.5 Lakh |
| Deposit Period | 15 Years |
| Maturity Period | 21 Years (from opening) |
SSY Calculator 2026 (Projections)
Assuming the interest rate remains constant at 8.2% (for estimation), here is how your money grows over 21 years if you invest annually:
| Annual Investment | Total Invested (15 Yrs) | Tax Benefit (80C) | Estimated Maturity Amount* |
|---|---|---|---|
| ₹1,000 | ₹15,000 | Yes | ₹46,000+ |
| ₹10,000 | ₹1.5 Lakh | Yes | ₹4.6 Lakhs+ |
| ₹50,000 | ₹7.5 Lakhs | Yes | ₹23 Lakhs+ |
| ₹1.5 Lakh (Max) | ₹22.5 Lakhs | Yes | ₹69 Lakhs+ |
*Note: Maturity amounts are approximate based on the current 8.2% rate calculated annually. Actual returns may vary as rates are revised quarterly.
Withdrawal Rules
- For Education: Once the girl turns 18 or passes Class 10, up to 50% of the balance can be withdrawn for higher education fees.
- Premature Closure: Allowed only in extreme cases (medical emergency) or after 5 years.
- Maturity: Full amount is paid after 21 years or upon the girl's marriage (after age 18).
How to Open SSY Account?
You can open an SSY account at any Post Office or authorized banks (SBI, HDFC, ICICI, PNB, etc.).
Documents Required:
- Birth Certificate of the girl child.
- KYC Documents of the parent/guardian (Aadhaar, PAN).
- Initial deposit cheque/cash (min ₹250).
Start investing early to maximize the power of compounding for your daughter's bright future!