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Finance

SSY Calculator (Sukanya Samriddhi Yojana)

Calculate maturity amount and interest earned for your Sukanya Samriddhi Yojana (SSY) investment.

Inputs

2501,50,000
115
115
1521

Calculation Results

Total Amount Invested

₹15,00,000

Total Interest Earned

₹32,88,079

Total Maturity Value

₹47,88,079

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Formula & Mathematical Explanation

Ayear=(Balanceyear1+D)×(1+r)\displaystyle A_{year} = (Balance_{year-1} + D) \times (1 + r)

SSY deposits are made annually for 15 years, and interest compounds annually. The account continues to accumulate interest without new deposits until it matures after 21 years.

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