Method & Sources
Formula: Annual compounding for 21 years: deposit each year for years 1–15, then interest-only for years 16–21.
- Current rate is 8.2% p.a. (FY 2025-26), reviewed quarterly by the government.
- Minimum deposit ₹250/year, maximum ₹1,50,000/year. Account matures 21 years from opening.
- Actual interest uses lowest balance between 5th and last day of each month.
- India Post — Sukanya Samriddhi Account
- National Savings Institute (NSI)
- Ministry of Finance — Small Savings Rates
Estimate using annual compounding. Verify with your post office/bank passbook for exact figures.
Support
SSY Calculator FAQ
Answers about ssy calculation and accuracy.
What is Calzye?
Calzye is a free online suite of precision calculators including Standard, Scientific, Financial, and Unit Converter tools. All calculations run locally in your browser for fast, private results.
Is Calzye free to use?
Yes. Every calculator on Calzye is free to use with no account required. You can perform unlimited calculations directly in your browser.
What can the Financial calculator estimate?
The Financial calculator helps estimate loan and lease payments using inputs such as vehicle price, down payment, APR, and term length, with a breakdown of estimated monthly costs.
What is APR and why does it matter?
APR (Annual Percentage Rate) represents the yearly cost of borrowing, including interest and certain fees. A lower APR generally means lower total financing cost over the life of a loan.
How accurate are loan and lease estimates?
Estimates are based on the values you enter and standard formulas. Actual lender offers may differ due to taxes, fees, incentives, credit profile, and regional regulations.
More answers in ourfull FAQ