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Sukanya Samriddhi Calculator Download – 2025

byShitanshu Kapadia
January 30, 2015
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Sukanya Samriddhi Account Yojana is one of the best Investment option for Girl Child. Sukanya Samriddhi scheme is predominantly launched as a part of “Beti Bachao Beti Padhao campaign” by the government of India. It’s not just a savings scheme; it’s a financial game-changer specifically designed to empower young girls and relieve parents of the financial burden of education or marriage expenses. But let’s be honest, managing investments and keeping track of numbers can be a pain, right? That’s where a Sukanya Samriddhi calculator swoops in to save the day.

Sukanya Samriddhi Scheme Calculator Download

Sukanya Samriddhi Account – Saving Scheme for Girl Child

Sukanya Samriddhi Yojana, launched by the Government of India in 2015 under the Beti Bachao Beti Padhao campaign, is a savings scheme aimed at providing a bright future for the girl child. It encourages parents to build a corpus for their daughter’s education, marriage, and other life events by making regular contributions to the scheme.

The main goals of Sukanya Samriddhi Yojana are dual: to empower girls and encourage long-term savings in Indian households. By participating in this program, parents can provide a financial safety net for their daughters’ future, guaranteeing access to education and opportunities.

Key Features of Sukanya Samriddhi Account

  • Sukanya Samriddhi Account can be opened at the Post office or at designated bank branches.
  • This account can be opened for girl child on her name by her parents.
  • The age of the girl at the time of opening the account should not be more than 10 years.
  • For the current financial year government has declared 8.2% interest (Jan-March 2024) on this scheme.
  • Investment in this scheme will also give income tax benefits under section 80C.
  • The minimum deposit amount under this scheme is 1000 Rs/- and the maximum is 1.5 Lac per annum.
  • Money must be deposited for 14 years.
  • The maturity of the account is 21 years from the date of opening of the account or as a girl child gets married whichever is earlier.
  • Although a money deposit is not required from 14 years onwards government shall pay interest on this scheme up to 21 years (maturity).
  • 50% withdrawal is allowed for the higher study of girl child after 18 years of age.

If you are looking for good returns with zero risk “Sukanya Samriddhi Account” is for you. This scheme offers tax-free maturity returns.

Sukanya Samriddhi Scheme Key Features

Make Your Money Work for You: Smart Investment Strategies

While the Sukanya Samriddhi Account ensures financial security for your child’s future, it’s equally important to think about the next step—how to make those savings grow even further. With inflation steadily eroding the value of money, simply keeping funds idle is not an ideal approach. Instead, reinvesting the maturity amount wisely can secure long-term financial stability.

One effective way to do this is by diversifying investments into low-risk and high-return opportunities. Many parents choose to reinvest a portion of the matured funds into government bonds, mutual funds, or even online FX broker platforms, where they can explore currency trading as a means of passive income. A well-balanced portfolio can help counteract the effects of inflation and maintain the real value of your money over time.

By planning ahead and leveraging the right investment opportunities, you can ensure that your child’s future remains financially secure even beyond the benefits of the Sukanya Samriddhi scheme.

Sukanya Samriddhi Account – Calculator

Imagine you’re baking a cake. You have all the ingredients, but without a recipe, you might end up with a disaster instead of a dessert. A Sukanya Samriddhi calculator works like your financial recipe book.

This digital tool helps you figure out:

  1. Maturity Amount: How much you’ll receive at the end of the tenure.
  2. Total Investment: The sum of all your yearly deposits.
  3. Total Interest Earned: The cherry on top—your hard-earned returns.

By inputting details like the deposit amount, the girl child’s age, and the interest rate, the calculator churns out these figures in seconds.

Sukanya Samriddhi Scheme Excel Calculator – Download Qly

Assumptions: –

  • Sukanya Samriddhi Account is opened on the birth of girl child. Age -1 Year.
  • Yearly contribution is made at the beginning of the financial year in the month of April every year.
  • In this calculator you need to change interest rate which is released by the government time to time.
  • No withdrawal is made from Sukanya Samriddhi Account throughout 21 years
  • It is not mandatory to contribute fix amount in this account, although for illustration fixed contribution is taken

You can download this calculator from here.

download

A New Calculator for the Sukanya Samriddhi Account is added based on the request of readers. Features of the New Calculator are given below.

  • Option to select Interest rate every quarter.
  • Option to input investment amount for every month or every year.

This New calculator will give exact information about the maturity value of the Sukanya Samriddhi Account.

Also Read – How to know your Gratuity Benefits – Calculator Download

Benefits of Using the Sukanya Samriddhi Calculator

1. Saves Time and Effort

Why bother with complicated math when a calculator can do the heavy lifting? It’s like having a personal financial assistant at your fingertips.

2. Accuracy You Can Count On

Even the best of us can slip up when calculating interest manually. With a Sukanya Samriddhi calculator, accuracy is guaranteed.

3. Informed Decision-Making

Planning to increase your yearly deposit? The calculator shows how it impacts your maturity value. It’s like a crystal ball for your savings!

4. User-Friendly Interface

Most calculators are super easy to use. Even if you’re not tech-savvy, you’ll get the hang of it in no time.

How to Use the Calculator After Downloading

Now that you’ve got your calculator, here’s a quick guide to using it:

  1. Input Key Details:
    • Start year of investment
    • Annual deposit amount
    • Girl child’s age
    • Interest rate (as per the current SSY rate, updated quarterly by the government)
  2. View Results:
    The calculator will instantly display your:

    • Total deposits
    • Interest earned
    • Maturity value
  3. Tweak Inputs:
    Experiment with different deposit amounts or tenures to see how your savings grow.

How to Open SSY Account?

Opening an SSY account is a straightforward process. Here’s a step-by-step guide:

  1. Visit a designated bank or post office authorized to open SSY accounts.
  2. Fill out the Sukanya Samriddhi Yojana account opening form.
  3. Submit necessary documents such as the girl child’s birth certificate, identity proof, and address proof.
  4. Make the initial deposit amount as specified by the bank or post office.
  5. Upon verification of documents, the SSY account will be opened, and a passbook will be issued.

Who can open this account?

Sukanya Samriddhi Account can be opened by parents or legal guardians of girl child up to 10 years of age. You can open this account if your daughter is born on or after December 2, 2003.

Documents required for Sukanya Samriddhi Account 

  • Birth certificate of girl child
  • Address proof
  • Identity proof, Residence proof
  • Two photographs of legal guardian

NRI Can open this account?

Sukanya Samriddhi Account (SSA) in India are typically restricted to Indian residents. Non-Resident Indians (NRIs) usually aren’t eligible to open an SSA for their daughters because the scheme is primarily designed to benefit Indian resident families.

Online Money Deposit in Sukanya Samriddhi Account is allowed?

Yes, Online money deposits can be made into a Sukanya Samriddhi Account (SSA) as per the rules. Many banks and financial institutions with SSAs offer online banking, allowing for easy deposits into the account.

Usually, parents or guardians can conveniently make regular contributions to their daughter’s Sukanya Samriddhi Account by transferring funds online from their bank account.

However, it’s essential to check with your specific bank or financial institution regarding their online banking services and procedures for depositing funds into a Sukanya Samriddhi Account, as processes may vary slightly between different banks.

Note :- Recently interest rate applicable on Sukanya Samriddhi Account is revised by the government. The new interest rate on SSA will be 8.2 %(Oct to Dec -2024).

To download Sukanya Samriddhi Account application from CLICK HERE

Also Read – Sukanya Smariddhi Account – Saving Scheme for Girl Child

Where to Open Sukanya Samriddhi Account?

This account can be opened at the post office or other authorized banks.RBI released circular authorizing 28 banks to open SSA. You can open SSA account in to bank which are authorized to open PPF account. List of Bank authorized to Open Sukanya Samriddhi Account is given below.

  • State Bank of India
  • State Bank of Patiala
  • State Bank of Bikaner & Jaipur
  • State Bank of Travancore
  • State Bank of Hyderabad
  • State Bank of Mysore
  • Andhra Bank
  • Allahabad Bank
  • Bank of Baroda
  • Bank of India
  • Punjab & Sind Bank
  • Bank of Maharashtra
  • Canara Bank
  • Central Bank of India
  • Corporation Bank
  • Dena Bank
  • Indian Bank
  • Indian Overseas Bank
  • Punjab National Bank
  • Syndicate Bank
  • UCO Bank
  • Oriental Bank of Commerce
  • Union Bank of India
  • United Bank of India
  • Vijaya Bank
  • Axis Bank Ltd.
  • ICICI Bank Ltd.
  • IDBI Bank Ltd.

Comparison of SSY with Other Schemes

Difference between Sukanya Samriddhi Account, Public Provident Fund and Fixed Deposit

Sukanya Samriddhi Account (SSA) Public Provident Fund (PPF) Fixed Deposit (FD)
For For Girl Child Indian Citizen For Individual Indian Citizen For Individual Indian Citizen
Age Limit From Birth Up to 10 Years No age limit. No age limit.
Where to open Post office and Authorized Banks Post office and Authorized Banks All Banks
Number of Account One Account per Girl Child Each Individual can hold only one account in his name. No limit.
Minimum Contribution Rs.1,000 Rs.500 Rs.500
Maximum Contribution Rs.1.5 lakhs in all accounts. Rs.1.5 lakhs in all accounts. No limit.
Interest Rates 8.60% for fiscal year 2016-17.(First Quarter) 8.10% per annum for fiscal year 2016-17.(First Quarter) 7.25% to 9%
Tax Benefit on the Contribution Contributed Amount will be deductible u/s 80C. Contributed Amount will be deductible u/s 80C. No Tax Benefit
Tax Benefit on the interest earned Tax Free Tax Free No Tax Benefit
Time Period of contribution 14 Years from date of opening account Minimum 15 years and then in blocks of 5 years. One Time
Maturity 21 years from the date of opening of account. 15 years from the fiscal year of opening of account. Investor Defined at the time of Investment
Penalty Rs.50 per year if minimum contribution is not made. Rs.50 per year if minimum contribution is not made. NA
Mode of Deposit Cash or Demand Draft or Cheque Cash or Demand Draft or Cheque Cash or Demand Draft or Cheque
Premature Withdrawal Allowed up to 50% for the girl’s higher education and marriage after she attains 18 years of age No premature withdrawal allowed except in case of death of Investor Premature Withdrawal allowed – Penalty may be applicable
Loan No loan can be taken on the SSA balance. Loan can be taken from the third year of opening of account to the sixth year. Loan can be taken
Taxation on Maturity No Tax No Tax Tax as per applicable Slab
Calculator  SSA Calculator  PPF Calculator –

From the above comparison, we can clearly say that the Sukanya Samriddhi Account and PPF is one of the Best Investment Options for Indians.

Hope you like this post and will open a Sukanya Samriddhi Account.

As this is a Government of India scheme, you are advised to visit www.nsiindia.gov.in for the latest information and updates.

Conclusion

The Sukanya Samriddhi Yojana is more than just a savings scheme; it’s a powerful tool for securing your daughter’s future while enjoying excellent returns and tax benefits. By using a Sukanya Samriddhi calculator, you can simplify the planning process, gain clarity on your financial goals, and ensure you’re on the right track.

So, what are you waiting for? Download a Sukanya Samriddhi calculator today and take the first step towards a financially secure future for your daughter. Remember, every rupee you invest today will pave the way for her dreams tomorrow.

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Author
Shitanshu Kapadia
Hi, I am Shitanshu founder of moneyexcel.com. I am engaged in blogging & Digital Marketing for 12 years. The purpose of this blog is to share my experience, knowledge and help people in managing money. Please note that the views expressed on this Blog are clarifications meant for reference and guidance of the readers to explore further on the topics. These should not be construed as investment , tax, financial advice or legal opinion. Please consult a qualified financial planner and do your own due diligence before making any investment decision.
471 comments

  1. Can you also mention what is the present value so that people get some perspective? if we do PV on 78.9L/75.89L for 20yrs (assumed avg inflation @ 7%) it will ~20L. Its very good amount if child want to do masters or start off her own business.

  4. Dear Sir,
    Please commenton following questions for Sukanya Samriddhi Account

    1. If someone can not continue installment after certain yrs for e.g. After 7 yrs hecan not continue
    2. What is the case if due to some reason there is accident of child i.e. Health insurance is covered
    3. In case of death of Child (Baby Girl)

    1. Dear Girish,

      Answer of your queries is given below:-
      1. If someone can not continue instalment after certain yrs for e.g. After 7 yrs he can not continue

      If minimum Rs 1000/- is not deposited in a financial year, account will become discontinued and can be revived with a penalty of Rs 50/- per year with minimum amount required for deposit for that year.

      2. What is the case if due to some reason there is accident of child i.e. Health insurance is covered
      Health Insurance is Not covered.

      3. In case of death of Child (Baby Girl)
      This account can be closed in case of death of child.

      1. Hi Raviraj,

        In context of 3rd point of Girish i.e.
        Q. In case of death of Child (Baby Girl)
        Ans. This account can be closed in case of death of child.
        Than I want to know that what about the deposited amount ?

  5. My Duaghter is 1 year old, i will Invest Rs1Lac per year ie. 14Lacs after 14 years . how she will get after 21 years . pls reply me and send me the calclator base final receiving. Thanks.

    Chandrashekhar N. Gurav

    1. Dear Chandrashekhar,

      If you invest 1 Lac per year in Sukanya Samriddhi Account considering 9.1% interest you will able to accumulate 5,260,509 Rs/- in this account. This amount can be withdrawn by your daughter at 21 year.

      1. Sir,

        My daughter is 9 years old. If i start investing (25k per month) in sukanaya samriddhi from March-2015 for next 11 years (when my daughter becomes 21 year old). Please let me know the maturity value at year 2026.

      1. Hello Raviraj, is this calculation is correct? to get Rs.50 lakhs we need to invest Rs.1 lakh per year. just check and if you are correct then justify.

  8. Hi,

    In case of working father and house wife mother, if father is no more in that case, account will continue till 21 Years or Account will be close with immediate effect after payouts to account holders mother.

    1. Dear Aman,

      If you deposit 1000 Rs/- per month maturity amount would be 607128 Rs/-
      If you deposit 12,000 Rs/- yearly in month of april(starting of year) maturity amount would be 631261 Rs/-

      Regards,
      Raviraj

      1. Sir, my daughter is 7 now and i would like to know what would be a good maturity amount that i should keep in mind for her higher studies with the upcoming inflation. Kindly let me know how much will i need to invest per month for the same in this scheme. Kindly clarify the final maturity value for Rs1000 and Rs 10000 per month.
        Regards
        Vandana

        1. Dear Vandana,

          It is very difficult to predict higher study expense after 10-15 years & it also depends upon which field you select for higher study,However you should plan at least 30-50 lac for her higher study.If you invest 1000 Rs/- in this scheme you will get 6 lac after 21 years. Amount will be 60 lac on investment of 10000 Rs/- per month.

          Raviraj

    2. My Duaghter is 4 year old, i will Invest Rs 25000 per year .after 14 years how she will get after 21 years . pls reply me and send me the calclator base final receiving. Thanks.

  10. Hi..This account will be opended in the name of the girl child or the guardian…what all documents or process are required at the time of maturity…..whether presence of the girl child is mandatory

  11. Can i pay the full amount 1.5 lac at the end of the year (i.e in Nov or Dec) or should i pay for every month for the account. Please clarify…

  12. Hi,

    My daughter is 5 years old. I want to know till what age of hers i have to deposit the amount.

    Secondly, if I opt for monthly deposit pattern, then should the deposit amount to be same for every month or can be more in any of these months.

    Pl. reply.

    Thanks,

  13. Hi,
    My daughter is 5 years old. I want to know till what age of hers i have to deposit the amount.
    Secondly, if I opt for monthly deposit pattern, then should the deposit amount to be same for every month or can be more in any of these months.
    Pl. reply.
    Thanks,

  14. sir,
    if i will deposit yearly 25,000 for 14years after 21 years how much i will get??
    another thing please share the diff between ppf and SSy

    1. Dear Mr.Suresh,

      If you deposit yearly 25,0000 Rs/- you will get 13.15 Lac after 21 years on Maturity.

      PPF and SSY is similar type of scheme. Currently interest rate applicable on SSY is highest 9.1% on PPF it is 8.7%.

  15. 1) Sir I have a girl child but am a state govt servant can I open SSA a/c
    2) 50% with drawal after 18 years means 50% of which amount,50% of invested amount or maturity amount?

    2. Dear venkat Ypu will get 50% of the balance amount means total accumulated amount by the end of 18 years. Ex. if you deposit Rs.10,000 per month then you will get Rs 63 lakhs after maturity (21 years) after 18 years the accumulated amount including interest is Rs.48,61,000 so 50% of this amount you will get.

  16. hello sir
    i just want small clarification someone ask me that “if the pm modi government change after that the yojana is run or drop ” who administrate this program plz reply me

    1. Dear Karthik,

      You have valid question that what will happen if PM modi government change. Well as per me this yogjna will continue PPF is real example which is running from years together. Multiple government has changed but PPF is continue.

  18. 1. In case of parent (Father) death what will happen.?

    2. Can we change the yearly contribution amount.
    Example first five years I will pay 1,00,000 Per annum and next five years due to financial situations I will pay only 50,000 per annum and last four years I will pay 1,30,000 per annum. Is it possible.

    3. If we totally stop paying the yearly amount after certain period what will happen?

    1. 1. In case of parent (Father) death what will happen.?

      This account will continue irrespective of death of parents.

      2. Can we change the yearly contribution amount.
      Example first five years I will pay 1,00,000 Per annum and next five years due to financial situations I will pay only 50,000 per annum and last four years I will pay 1,30,000 per annum. Is it possible.

      You can change yearly contribution amount.

      3. If we totally stop paying the yearly amount after certain period what will happen?

      Penalty is applicable for non payment.

  19. Dear Sir,

    My girl child is of 8 years in Jan 2015. If I deposit Rs.2400 in a year, what would be the maturity amount at the age of 21 years of my child. what will you count, 21 years of opening of account or 21 years of girls child age?

    1. Dear Raj Kumar,

      If you deposit 2400 Rs/- per year for 14 years maturity amount will be 1.26 lac. Maturity of SSA is after 21 years from date of opening account or marriage of girl child whichever is earlier.

      Raviraj

  20. My daughter is 3 years old. Please tell me if I deposit 60,000 rs per year at the end of each year. Please calculate and tell me how much amount will I recieve on maturity?…Waiting for reply, thanku…

  21. Dear sir,
    I am an Indian resident and my grand daughter has Americal Citizenship.
    Can I open the Sukanya Samridhi account in her name as Gurdian.
    Pl adise

    Regards
    D k agrawal

    1. Dear Mr.Agrawal,

      Your question is valid but I am unable to answer it because of limited information available on internet.

      You are requested to contact nearest bank or post office to get answer.

      Raviraj

  23. Sir,

    The calculator u had designed would be a great boon for people who are planning to invest in SSA scheme. Hats off to you!
    But, I think, the downloaded calculator has some flaws.
    In the interest rate column, the values are not changing even if the monthly contribution is changed. Kindly look into it, and rectify it at the earliest.

    Thanks,
    Jaya

      1. Dear mjsjaya,
        In your case I think you not changing the amount in ” calculator- monthly ” sheet . if you change the value it will be automatically calculate the interest amount in the main sheet. So please change the deposit amount in second sheet ie “Calculator- Monthly ” in the same file.

  24. My questions are :
    1) What will be the total amount I will get after the maturity period if am depositing 60,000 per annum.My daughter is 2 years old so do i need to deposit the amount till she completes 21 years of age i.e. only for 19 years?
    2) What if I can not deposit the minimum amount after certain years of age?

    Please revert ASAP

    1. Dear Neetu,

      (1) If you deposit 60,000 Rs/- per annum for 14 years then you can have 31.56 Lac in account when she turns 19 years. (Considering 9.1% Interest).
      (2) You need to deposit minimum amount else penalty is applicable.

      Regards,
      Raviraj

  27. We are NRI. Can my daughter enrol for SSA? She is born in UAE sharjah!? N she is 3 Years. How much monthLy I need to pay to get 20lakhs on maturity ?

  28. Is it under 80 C or we can save tax even after 1.5 limit under 80C limit

    how it is different from MF and 9.1 % will freezed for it will vary every year..

    1. Dear Deep,

      This account falls under 80C limit.Maximum amount deposited under this account is 1.5 Lac per year.
      In sukanya Samriddhi Acccount interest is fixed 9.1% (This will be decided by government every year) In mutual fund returns varies it may exceed 9.1% also.

      Raviraj

  29. Sir,

    My daughter is 5 yrs old. if i pay 1.5 lacs every year what amount shall i have on maturity of account?
    Should i have to pay till continues 14 years or 14yrs age of my daughter.?
    What will be the year of account maturity?

    Regards

  30. Hi,

    I am planning to Fixed deposit around 6Lacs for my Kid(6 Years). This is a good plan, I want to do this, Can I pay pre-Installments for 3-4 years in this scheme?

    Please reply.

  31. Dear Sir

    Greetings !

    My daughter is 5.5 years old as on today. how much i need to invest in order to receive the amount 40L at end of maturity.

    regards

    1. Dear Mallikarjun,

      First of all Very Happy birthday to your daughter.It’s very good that you have decided to invest in Sukanya Samriddhi Yojna for her.In order to get 40 Lac as maturity amount after 21 years you need to invest 77,000 Rs/- per year.(Assumption 9.1% interest).

      Regards,
      Raviraj

  33. Hey Ravi,

    Few queries,
    1. As the interest and accrued values are taxable, based on current ceiling will there be 30% tax on maturity value?
    so for maturity value of 75 Lac, there will be 25 Lac taxable on the income of my daughter at her age of 21? will it be linked to her PAN?

    2. Interest rate 9.1 is for the FY 2014-2015. If we invest 1000 in March now…what will be interest credited next month? will it be prorate of 9.1 to one month or pro rated to 6 months?

    3. If there is change in interest rate drastically during next FY, it will impact the maturity value calculated above correct?

    4. Also how far these scheme is firm, if the next opposite govt may change or cancel this scheme? Like the Cong Govt cancelled the KVP and BJP re-started again?

    5. What happens if the guardian expired before maturity and child not able to continue the account?

    1. Dear Sokkan,

      Answer to your queries is given below:-

      1. As the interest and accrued values are taxable, based on current ceiling will there be 30% tax on maturity value?
      so for maturity value of 75 Lac, there will be 25 Lac taxable on the income of my daughter at her age of 21? will it be linked to her PAN?

      Sukanya Samriddhi Account is tax free.You need not to pay tax on this account.

      2. Interest rate 9.1 is for the FY 2014-2015. If we invest 1000 in March now…what will be interest credited next month? will it be prorate of 9.1 to one month or pro rated to 6 months?

      Interest applicable is on yearly basis.

      3. If there is change in interest rate drastically during next FY, it will impact the maturity value calculated above correct?

      Yes it will impact.

      4. Also how far these scheme is firm, if the next opposite govt may change or cancel this scheme? Like the Cong Govt cancelled the KVP and BJP re-started again?

      It is possible but not likely.

      5. What happens if the guardian expired before maturity and child not able to continue the account?

      Account can be closed and amount can be given to girl child.

  34. Dear Raviraj Ji,

    If I would like to invest 150000/- per year, then I would get 78.90 lacs.
    Income earned through interest is taxable? or non-taxable? If it is taxable then could you please let me know, how much tax I have to pay on maturity? And who will pay Father or Daguther?

    regards,
    Vikas

  35. “Only drawback of this scheme is interest earned under this scheme is taxable.”
    This interest earned shall be added to parents income for tax calculation or shall considered income of “daughter” ?

  36. Hello Sir,

    I already have opened Sukanya Samriddhi Account in the name of my daughter. But the name of the Guardian mentioned in the A/c is my wife’s name.

    Now, I just want to know whether it is possible to change the name of the Guardian after opening the Sukanya Samriddhi Account! I want it in my name such that I can get the benefit under Sec. 80(C).

    If yes, kindly let me know the process.

    Regards,

  37. My daughter’s date of birth is 01 May 2005. If I want 20 Lac when she is at the age 21 years i.e on 01/05/2026. What will be my contribution every month? How many years I have to pay the amount.

  38. Hi,
    I know a girl child that lost her mother recently and her Father is not very keen to raise her well. Unfortunately, she is 10 years and 3 months old now. Would there be a way to invest in Sukanya Samridhi for her? Or any other governement initiative to help such children? She is a very bright child and is studying in Navodhaya hostel now. I will be willing to invest upto 25K per year for her.

    Regards,
    Rohan

  40. Hi,
    My daughter is citizen of USA but having Person of indian origin (PIO) card. Is she eligible for opening Sukanya samridhhi account?
    Thanks in advance for your kind help.
    regards
    Dilip

  41. sir i want to know that if i have to deposit upto 14years any amount in account and the maturity period is after 21 years of baby’s age. so if my baby’s age 7year and i take this plan today & i invest 150000/- per anum how much i will get at my baby’s 21st birthday.

    1. Dear Ranjit,

      Maturity period of Sukanya Samriddhi Account is 21 years after opening account.You need to deposit money in this account every year up to 14 years.If you invest 1.5 lac per year at maturity you will get 75.89 Lac.

      Regards,
      Raviraj

  42. and at the time for maturity what will be the tax that i have to pay or will be deducted.
    150000/- per anum deposited.suppose if i get 75.89 lacs how much will be deducted..

  43. Hi sir my child baby is present age 3.5 year I will start the account with min of rs. 1000/- per month ,how much amt will be maturity of 21 year . & I have deposited only up to 14 year .it means 11.5 year only I can deposited. pls suggest me .

    thanks & regars
    lingaraju rattihalli

  44. Dear Sir,
    Please comment on following 3 questions for Sukanya Samriddhi Account

    1) My sister’s daughter (Sahasra) born on June 28th 2005, Is this policy applicable for her..

    i) If yes, my sister can open 1000rs as account and monthly she able to pay 100rs
    how much she can get for her marriage 22nd or 23rd age
    ii) If we can’t withdraw for her marriage then how much she can get after 21 years of
    account

    2) My Daughter is 9 months old, I can open 1000rs account and will pay monthly 1000rs then how much amount she get for her 21st age.

    3) Is there any last date to open these accounts and what are the documnets needed to open accounts please suggest

    1. Dear Sandhya,

      1) My sister’s daughter (Sahasra) born on June 28th 2005, Is this policy applicable for her.

      Yes You can open Sukanya Samriddhi Account for her.

      i) If yes, my sister can open 1000 Rs as account and monthly she able to pay 100 Rs/- how much she can get for her marriage 22nd or 23rd age.

      Maturity amount will be very low 60,000 Rs/-

      ii) If we can’t withdraw for her marriage then how much she can get after 21 years of account.

      Maturity amount will be very low 60,000 Rs/-

      2) My Daughter is 9 months old, I can open 1000 Rs account and will pay monthly 1000 Rs then how much amount she get for her 21st age.

      Maturity amount will be 6 Lac

      3) Is there any last date to open these accounts and what are the documents needed to open accounts please suggest

      No it is open ended plan. NO end date for this account.

  46. my younger daughter neha age is 9 years. If i invest 2000 per month, How much is the mature amount at the age of 21 years of my daughter. Another thing my elder daughter’s date of birth is 28.6.2003. whether she is eligible to open SSY account.

  47. My girl child is now nearly 05 yrs old. I need 15 lakhs as maturity amount at her 21 st age. Can you give me the calculation.
    Waiting reply.

  49. Hi, your doing great work, congrats for that.

    i hv a daughter aged 6 , she is EU national, i m indian national , can i open account ??

    thanks
    cheers
    ramya

  50. U have mentioned that 14yrs,18yrs and 21yrs is that age with reference to DOB of child or from the date of registration… Plzzzzz give me clarity

  51. Is that 9.1% rate of interest constant every year…In the next financial yr onwards if they offer less interest (i.e eg:1% interest).. I think there is no use of it…Plzzzzz give me clarity about this rate of interest minimum and maximum….

    1. Dear Bhaskar,

      9.1% rate is announced by government for next year.This interest rate will vary and will be announced by government on every year.

      Looking at experience of PPF interest rate variation it is likely that interest rate will vary in similar range.

  52. I have 3 girl childs,in 3 childs 2 are my late brother daughters,please tell me these questions…
    1.can I open three accounts,one as father,2 are as guardian.
    2.ages are 3,6,9 years,how much invest for getting 50 lakh for each.please give me details about thrise.
    3.if I open account as guardian what can I do?

    1. Dear Srikant,

      Here is answer to your queries.

      1.Can I open three accounts,one as father,2 are as Guardian – Any Two account can be opened as per rule.
      2.Ages are 3,6,9 years,how much invest for getting 50 lakh for each. – You need to invest 96000 per year to get 50 Lac as maturity amount.
      3.If I open account as guardian what can I do? – You can approach post office or bank for opening account.

      Regards,
      Raviraj

  53. Sir,
    My daughter is 5 years old. If i start investing (1k per month) in sukanaya samriddhi from March-2015 for next 14 years (when my daughter becomes 21 year old). Please let me know the maturity value at year 2030.

  55. Sir,
    My daughter is 1 year
    old. If i start investing
    (10k per year) in
    sukanaya samriddhi from
    April-2015 for next 20
    years (when my daughter
    becomes 21 year old).
    Please let me know the
    maturity value at year
    2035

  56. Dear Sir,

    My Daughter is of 4 years and 2months and 18 days old. i would like to invest 1000 every month for 14 years what would be the amount that ill get it at the age of 25 years to her.

  57. hello….i am working in uae and have a daughter 3yrs of age in india can my wife open this account for our daughter & plz tell me if there is any calculator so that i can calculate the maturity according to my investements

  60. Hi,

    I have 5 years old girl child. I have a doubt that i should pay the premium till her 14 years of age or i should pay 14 years that is till her 18 years i am so confused. Also every year i can pay how much i want right till 1,50,000.(it can be a variable amount right) . Please clarify

      1. Hi,

        My doubt is , this year i can pay 10,000 and next year 20,000 and next year 5000 like that can i pay? Is that possible. And one more question is , is there any online facility for post offices for this acount.

        Thanks in advance

  61. I have 2months old girl child.. can I open this SSA scheme for my child? And also, is there any last date for this scheme that I cannot open account after that time?
    Because I did not get my child’s birth certificate yet..
    Waiting for your reply

  63. I wonder as to what will be the money value after 14years from now?!

    May be this amount of 73 lacs would just buy a small car?!

    What about inflation prediction after 14 years from now, Can anybody predict?!

  64. Dear sir
    my daughter is 10 yrs old and i want to invest 2500Rs per month in this scheme, my questions are
    1. what will be maturity year ( my daughter age 21 or account age 21) ?
    2. what will be maturity amount if i invest 2500/- Rs per month in this scheme
    3. can i increase or decrease (but not less than 2500/-Rs) in any month , is it possible to ?

    1. Dear Praveen,

      Answer to your queries is given below.

      1. What will be maturity year ( my daughter age 21 or account age 21) ?
      After 21 years of account age.
      2. what will be maturity amount if i invest 2500/- Rs per month in this scheme
      Maturity amount will be 15.17 Lac
      3. can i increase or decrease (but not less than 2500/-Rs) in any month , is it possible to ?
      Yes it is possible to increase or decrease.

  66. My child is one year old and her name is not yet fixed and in birth certificate also name is not mentioned. Can I start an account for her with the present birth certificate? Can the money be deposited online through SBI website?

  67. The closing amount is 4,124,936 after 14 years of investment(1.Lac each yr). This amount will be invested for further 7 years and return is 7,589,103. In general, what i know in current situation, amount gets doubled in 7.5 years easily, if invested in banks FD. I see loss after 14 years if my amount is invested for next 7 years.
    Better invest in PPF for 15 years and after 15 years do a FD in bank to earn more interest.

  68. Sir pls bataye meti beti 6 month ki hai agar per year 150000 invest kare to after21 year kitne maturity milege yeh bhi bataye k paise har month jama karva sakte hai ya ek bar me 150000 deposit karvana padega pls sir answer i am wait your ans

  70. My child is 2 year old and her name is not yet mentioned in birth certificate. Can I start an account for her with the present birth certificate?Also, the address proof(Adhaar, Voter ID Card,PAN) has different address then what is mentioned in the birth certificate. Can I still open an account?

    1. Dear Neetu,

      Account can be opened on birth certificate.They want age proof for which they are asking birth certificate. If address proof has different address does not matter you can open Sukanaya Samriddhi Account.

      Raviraj

  72. Meri income tax return jati hai jo 150000 rs per year invest karege us par income tax par benefit milega ya nahi or jo 21 year bad maturity milegi us par kuch tax to nahi lagega pls answer sir i am wait ur ans pls reply

  74. Hello Sir,

    I am not in India, is there any provision where we can open account in online from outside country?
    if not, our parents mean children grand parents can open account at banks or post office?
    Appreciate your response

  76. PLEASE THINK BEFORE YOU INVEST – 9.1 % INTEREST CAN CHANGE ANY TIME – NEXT YEAR GOVT SAYS ONLY 7% WHAT WE WILL DO ,
    1) WE CAN’T WITHDRAW UNTIL SHE IS 18 OR 21 AGE
    2) ITS TRAP THINK TWICE BEFORE YOU INVEST

  77. Hi, Is there anyway I can setup the account then transfer money online regularly?
    It would be really helpful as I live in UK and I would like to do this to two girls I know whose parents are no more sadly. Their dad used to work for us but died 6yrs ago.

  79. I have two daughters. One is of 10 years and other one is new born.
    If I will deposit rs 500 per month i.e 60000 annually for each of them.
    How much I will get from it ?

  81. SSA….
    I have open SSA account in post office. If suppose I cannot make a monthly installments after certain period that is say after 5 years or 7 years due to my death… As I am only the income earner in my family. So my family won’t be able to make a monthly installments at that time so my family will get all money back with interest which I had paid?
    Please reply.

  82. now my child is 8 yrs old. I want invest in sukanya samriddhi account. 4000/month. how many yrs I have to pay this amt. And what is the maturity year. And what is final amount.

  83. Dear sir,
    My girl child is 5 yrs old now. If i deposited per year Rs. 12000/- from March-2015(Sukanya Samriddhi Account).For next 16 years (when my daughter becomes 21 year old). Can you give me the calculation the maturity amount. Yours regards.

    1. Dear Sajal,

      Deposit of 12000 Per year will give maturity amount of 6.31 lac.Maturity is not related to girl child age it is related to age of account.You need to deposit money up to 14 years and maturity is after 21 years of account age.

  84. Hi Raviraj,

    I have few more queries. It would be great if you could help me.

    1. My daughter is going to be 10 years & I want to open an account, and deposit 1.5 lacs every year. What will be amount I can withdraw when my daughter is 18 years?

    2. If I withdraw money at the age of 18 (it will be 9 years of the account age). I need to put money for more 6 years which makes it to 14 years of account age.What will be the amount of money at the time of maturity.

    3. How many times can we withdraw money after my daughter is 18 years?

    4. If my daughter gets married at the age of 23( 14 years of account age), what will be my maturity amount.

    1. Hello Tripti,

      Here is answer of your questions.

      1. My daughter is going to be 10 years & I want to open an account, and deposit 1.5 lacs every year. What will be amount I can withdraw when my daughter is 18 years?

      Amount available in account will be 21 lac. You can withdraw this amount either for education or marriage purpose of your girl child.

      2. If I withdraw money at the age of 18 (it will be 9 years of the account age). I need to put money for more 6 years which makes it to 14 years of account age.What will be the amount of money at the time of maturity.

      If it is education or marriage need you can withdraw entire amount and close the account.If you continue for 6 more years amount in account will be 12.3 lac.

      3. How many times can we withdraw money after my daughter is 18 years?

      Withdrawal is allowed only for education or marriage purpose.

      4. If my daughter gets married at the age of 23( 14 years of account age), what will be my maturity amount.

      If your daughter get marriage at age of 23 years maturity amount will be 42.88 Lac.

    1. Dear Ravinder,

      Online account option is right now not available. In case anything happen to child you can close this account. Entire amount along with interest will be payable.It will not cover any health insurance.

  86. Hello Raviraj,

    What if the father is NRI and mother is doing a small business in India, can mother open an account in girls name? Please advise

    Thanks,
    Johnathen

  88. My Duaghter is 7 year old, i will Invest Rs1000 per month ie. 168000.00 Lacs after 14 years . how she will get after 21 years . pls reply me and send me the calclator base final receiving. Thanks.

    1. Dear Babita,

      If you invest 1000 Rs/- per month after 14 years amount in account will be 3.29 lac and on maturity after 21 years 6 lac will be maturity amount.You can withdraw this amount for marriage or higher education for girl child.

  89. Sir
    My daughter s Dob is 4-10-2006
    If I open ssy now.I have to deposits till 14years?if on age of 18her marriage will fix then I can withdraw total amount?or must be wait till 14years of account maturity?or 21years??

  91. sir my daughter is 3 years old and I can deposit inr 80000 per annum. how much she will get at 21 and till which date I can open account for her ?

  92. sir,
    I have a girl child DOB 07/11/2008 and I want to know if I pay a minimum of 12000 rs per annum for 14 years then what will be the maturity value after 21 years –

  93. Hi..
    I want to know that Who is/are authorized to withdraw the maturity amount in this scheme 1) The girl alone. 2) Girl along with parents. 3) Parents alone can withdraw the amount.

  94. Hi,

    Could you please give me calculated figure My daughter is now 7yrs old. if i deposited per month 5000/- Rs. what could be the maturity amt at the age of 18yrs and at the age of 21yrs.

    One more doubt I have to pay this 5000 every month till 14 yrs. it means 60000*14 = 840000

    tell me maturity amt on this 840000/-

    Please reply me.

    1. Kasturi,

      If you deposit 5000 Rs/- per month in sukanya samriddhi account on age of 21 year amount available in account is 16.4 lac. This amount will be withdrawn for higher education or marriage of your daughter.

  95. Sir,

    My daughter is 9 years old. If i start investing (1000/- per month) in sukanaya samriddhi from March-2015 for next 11 years (when my daughter becomes 21 year old). Please let me know the maturity value at year 2026.

  96. my baby is 2 yrs old ..if am deposit 20000 per year,,and 280000 aftr 14 yrs, how she will be get aftr 21 yrs,, pls tell me n send me calculation base aftr 21 yrs…

    rahul adhikari..

  97. Hi Sir

    My daughter is 2 years 3 month old. If i start investing 100000 annual in sukanaya samriddhi from April-2015 for next 21 years (when my daughter becomes 21 year old). Please let me know the maturity value at year 2036

  99. My Duaghter is 4 year old, i will Invest Rs10Thousand per year ie. 1Lacs 40 thousand after 14 years . how she will get after 21 years . pls reply me and send me the calclator base final receiving. Thanks.

  100. Dear Raviraj,

    My daughter is 7years old, if i open the account today, i ll have to deposit for next 14 Years i.e. when she attains the age of 21 years. Maturity age will be after 21 Years i.e. When she is 28 years old..so we can withdraw the maturity amount after 28 years of her age..is this correct? Or can we go for some partial withraw when she is 21 years old ?

    Your help is really appreciable.
    Thanks

    1. Dear Mukesh,

      If you open account today you need to deposit money for next 14 years.Maturity of this account is after 21 years, however for education or marriage need of girl child withdrawal is allowed. Limit of withdrawal from this account is 50%.

  101. Hi. I am looking forward to invest in this scheme. I have some queries. It would be great if you can solve the same. Queries are:-

    1. Is it possible to change monthly/yearly contribution in future. For eg. if i contribute 24k for 1st year and if i want to contribute 36k from next year onwards, is it possible?

    2. If i open SSA account in SBI, can i do online transfer from my other savings account or from my salary account.

    3. What proof ill get at the time of filling return?

    Request you to pl mail me solution to my queries also.

    1. Dear Jignesh,

      Here is answer of your queries.

      1. Is it possible to change monthly/yearly contribution in future. For eg. if i contribute 24k for 1st year and if i want to contribute 36k from next year onwards, is it possible?

      Yes it is possible.You can contribute anything more that 1000 Rs any time.

      2. If i open SSA account in SBI, can i do online transfer from my other savings account or from my salary account.

      Yes it is possible.

      3. What proof ill get at the time of filling return?

      SSA Passbook will serve as a proof while filing tax return.

  102. DEAR SIR,
    MY DAUGHTER IS 6 MONTHS ONLY. ITS DOB ( 10.10.2014 ). SO CAN I APPLY TO THIS SCHEME. PLS REPLY……………..ON MY ID…….

  103. Sir ,
    On 30 & 31st march most of the banks were closed for public dealing due to there closing year.As a result i missed the chance in financial year 2014-15. Is there any possibilty to deposit in previous financial year now or the govt. can provide any grace day due to closing of public dealing.

  104. Hi Raviraj,

    I appreciate your patience to answer all the question on this topic. I have the below set a quick queries on this topic. Can you please help me clarifying these questions.

    1. We are working couple. Can each of us contribute half of the SSY deposit amount and claim the tax exemption for our portion of contribution ?
    2. How can we pay the deposit amount, if we both of us are posted overseas for more that an year ? Is there a way that we can make the payment online ?
    3. Can I open SSY account in SBI ? If I open SSY account with SBI, can I make the deposits online ?
    4. After opening an SSY account, if we happened to accept a different county’s citizenship, will we able to continue with scheme ?. If not how the money will be paid back ?

    Thanks in advance,
    Tymor

    1. Dear Tymor,

      Answer of your queries is given below.

      (1) Husband and wife can contribute half of the amount in SSY and claim tax exemption benefit.Make sure that you are making payment via cheque from respective bank account.
      (2) Online payment facility limited/Not available as of today.
      (3) You can open Sukanya Samriddhi Account in SBI. However no information about online money transfer.
      (4) If you deposit money this account will continue, else you can close it.

      Regards,
      Raviraj

  106. My Duaghter is 1 year old, i will Invest Rs 25 thousand per year ie. 3.5 Lacs after 14 years . how she will get after 21 years . pls reply me and send me the calclator base final receiving. Thanks.

  108. Sir, I see in most of your comments, that marriage is mentioned. what if she decided not to marry, for ever. Is there any clause clarifying on that. what will happen to the account and its money. Pls clarify.

    Respected Sir,
    pls clarify my doubts on the below questions……

    1. Sir, I see in most of your comments, that marriage is mentioned as a condition, for withdrawal of money. Also even for 50% partial withdrawal, the girl child should have attained 18 of years. That means , the scheme trying to give more power to the girl child than the investor, himself. Pls Clarify if am wrong ?

    2. what will happen if the schme attains its maturity of 21 yrs and girl child
    decided not to marry ? can she or parents free to withdraw the money without the condition of marriage happened or not ? pls clarify

    3. what if the girl child decided not to marry, for ever. Is there any clause clarifying on that. what will happen to the account and its money. Pls clarify.

    4. what if there is a misunderstanding between the parents and girl child, after
    she attains 18 yrs of age? since she got full control of the account as account
    holder, she can bypass her parents and take the hard earned money as per
    her wish ? what is the protection to the investor here ? pls clarify.
    —
    Thanks,
    Srini

    1. Dear Srini,

      Answer of your queries is given below.
      1. Yes this scheme is for girl and investment made under this scheme will be on name of girl child. Withdrawal is possible by girl child only.
      2. Maturity is not depended on marriage of girl child. After 21 years one can withdraw money and close this account.
      3. This account will mature after 21 years from opening date. Irrespective of marriage of girl child.
      4. No provision is available.

    1. Dear Nilkamal De,

      Form does not provide facility for nomination, but in case of unfortunate event of death of girl child this account can be closed and amount deposit in this account will be returned back to parents.

  111. Hi,

    I have following queries:
    1) SSA has benefits of tax exemption in income tax. In that case, will this be additional exemption or the max limit of exemption will remain as 1.5 lacs only. For eg. If I invest 1.5 lacs in PPF and SSA each then will I get exemption of 3 lacs or max limit will be only 1.5 lacs.

    2) Can the money be withdrawn only for education or marriage or it can be withdrawn for other purposes as well??

    3) if u have already opened this account thru post office and if u wish to transfer it to the bank of India then is it possible??

    Request you to send a mail for the queries.
    Thank you.

    1. Shalin

      Answer of your queries are as follows:-

      1 Tax Benefit under this scheme is under 80C limit and maximum limit is 1.5 lac only.
      2 Money can be withdrawn for girls education or marriage only.
      3 You can transfer this account to authorized SSA banks.

  112. Hi:

    Can you please clarify my doubt.

    If I opt Rs. 5000 monthly payment option. Is it compulsory that I need to pay minimum Rs. 5000 monthly. Or still can I pay Rs. 1000 per year and continue this account.

    Thanks

    Anoob

  113. My daughter is nearing 11 years. DOB 20.4.2004.
    1. What happens if she gets married at the age of 22? Account closing is mandatory?
    2. Can she continue the account till 21 years? That time her age will be 32 years.
    3. Can she close the account any time after 14 years of payment?

    1. Dear Mr.Ramesh,

      Answer of queries is given below.

      1.She can continue this account after marriage also.
      2.She need to continue this account till 21 years from date of opening this account.
      3.No she can not close it after 14 years of payment.

  118. Hi,

    Is it necessary that we have to deposit amount Monthly or Yearly.
    Can we deposit amount Quarterly or Half-yearly or at any time through out the year?

  119. Hi,

    Could pls explain how to arrive at the “interest rate @ 9.1%” value. I mean how do you arrive at the vlaue of 7394.00/- for the first year? 9.1 % of 150,000 is 13650.

    Forgive me for asking a basic thing but really didnt get it.

  120. Sir
    I have two girl child one 4 year other 7year old if I join this scheme for how many year I have to pay for this

    And can widtral some %of amount before the age of 21

    And can I get the same benefit if I withdraw age after21

    1. Dear Anil,

      Once you open Sukanya Samriddhi Account you have to deposit money up to 14 years.This account will mature after 21 years from date of opening account.You can withdraw 50% amount for marriage or education of your girl child.

  121. Sir agar mai 1st year 12000 jama karta hu or 2nd year 15000 3rd year 10000 is tarah difrent amount jama kar sakta hu ya nahi.or 5ya7 year ke baad agar mere pass money problem hota mai jama nahi kar pata hu toh mujhe benefit milega ki nahi

    1. Dear Niranjan,

      You can deposit different amount at different time in this account. If you have problem of money you need to apply to concern authority.After investigation they will approve your request and account can be closed.

  122. Hi,
    My girl child born on 4th Feb 2015, So i want to know that can i open an a/c for her and what is the last date of this scheme beacuse I have not got her birth certificate till now but i have also apply for that, In the month of may I got the certificate. So please suggest…..

  124. my daughter is nine yrs old,can u tell me when the policy will mature. I mean after her 21 yrs or after 21 yrs frm the opening year of the policy. this is the confusion. thanx

  125. Hello Sir,

    I got an enquiry for my 2 daughters as 1 will be 10 @august and 2nd daughter will 3 years in oct
    The amount I have to pay till she turns 14 years or from now I have to pay for 14 years
    my 2nd daughter is born abroad will she can avail this facility of beti bacho …
    Please if you can help me it will be really helpful as I got 2 daughters only so I want to Invest some money for both.

    Regards,
    Manjeev

    1. Dear Manjeev,

      You need to pay amount till 14 years from date of opening this account.As second daughter is born abroad she will not be eligible for Sukanya Samriddhi Account, However new guideline for this account for NRI is awaited.

  126. Folks, please advice if banks are ready and aware of this scheme, i visited SBI couple of weeks ago to enquire about this- they told very bluntly that they are not aware and no such communication is recieved- hence i wonder that we are doing so many calculations here but no opportunity of opening an account- if anybody in Chennai have opened this account- could you please share your experience ..thanks,

  127. Congrats!! Today a Bank Manager of Bank of India called me and told that circular has been received by all banks on 9 april but account will be opened after a week i.e. from 20 th april onwards. Rate is 9.3% in banks. So go on.

  128. After maturity is it only the girl child who can withdraw the amount ? Does the parents who invested the money lose the right on the maturity amount? Isn’t there a protective shield to prevent a young girl from using such a lumpsum amount judiciously?

  129. Dear Raviraj , can i invest 100000 in one year second year if i invest 80,000 , like wise can i invest as per the cash structure i have in hand on monthly basis .

  130. Dear Mr. Ravi,

    I have some following queries.

    My daughter have 10 years old. If I wants to open a SSA in her name, we have to remit the amount upto 14 years that means then her age will come 24 years. We must remit the amount until 14 years or up to her 14 years age only?

    We can withdraw the money in her age of 21 years old? Because if she wants to get marriage before the age 24 she can withdraw the money?. If she can withdraw the money what is the evidence we will provide for them before the marriage?

    Another thing this scheme is under which policy? Any other government can change this policy? or we will lose due to any political situation? Also fix the rate of interest for the whole period?
    Waiting for your valuable reply,
    Thanks.

    Reghunadh

    1. Dear Reghunadhan,

      Answer of your queries is given below.

      (1) You need to deposit money up to 14 years from date of opening this account.It is not related to age of girl child.
      (2) You can withdraw 50% money from Sukanya Samriddhi Account for her marriage or education.She need to submit marriage proof e.g invitation card.
      (3) This scheme is announced by government and rate of interest is variable announced by government every year. We can not say anything about what will happen to this scheme if government change.

  131. Dear Raviraj sir,

    please let me know if i invest 5000 per month i.e. 60,000 per year for my child who is about 1.5 yrs old now. what maturity amount i can get.. kindly suggest.

    regards,
    sudhir tiwary

  132. Hello Sir,

    My Daughter is 10yrs and 8mths .
    we are not in India now. How can i open the Account?
    We will be coming to India in 2016 June(by the time she won’t be eligible)

    Regards
    Bhindu

  133. Hi Raviraj, My daughter was born in US but we have applied birth certificate in India and we have received it. Can we take this schema for my daughter? Will there be any problem, if we decided to take US citizenship for my daughter after 18 years? What are all the documents required at the time of maturity?

    Regards,
    Gana

          1. Thanks for your reply.. we have asked in post office reg same question and they told me that if we have birth certificate then we can apply for this schema.. but still we are thinking what will happen after maturity of this schema..

            Regards,
            Gana

          2. Dear Gana,

            As far as rule in concern NRI can not invest in Sukanya Samriddhi Scheme.I request as NRI you can look for other investment options like equity or real estate.

          3. Thanks for your reply.. If we do a fixed deposite on behalf of my baby.. Is there any concern?

            Regards,
            Gana

  134. The date of birth of my duaghter is 12.5.2003. In the next month she will be 12 years old.Will she be eligible to open an account under Sukanya Samrudhi scheme? Govt, has given a grace period of 1 year after 10 years for 2015. Please clarify me. Thanks.

  137. Dear Sir,
    Please comment on following questions for Sukanya Samriddhi Account.

    1) my baby born 22 jun 2014, i was open account 21 April 2015. If i invest 12000 Rs/- per year.

    2) How many year’s i will paid on our scheme 14 yrs or 21yrs?

    3) After 14 yrs how many i’ll get money, also 21st yrs ?

    4) One post officer told me when u baby child going married Government given 50’000/rs extra is this true? (as per this scheme)

    1. Dear Ganesh,

      You need to deposit money for 14 years. Maturity is on 21 years from date of opening this account.If you invest 12000 Rs/- per year you will get 6.31 lac as maturity amount.

      Please note that Government will not give any extra money on marriage of girl child.

  138. Hello Raviraj,

    First of all the blog written is very fruitful and quite impressive. Now, Let me know on followings:-
    1.Is it better to open PPF account instead of SSY, as liquidity of PPF account is easy, while SSY scheme having lock in period of 21 years?
    2. is SIP in MF is better option for long term investment than SSY?
    3. Now days, student complete their 10+2 in age of 16-17, while, the scheme can only give 50% of maturity for higher studies only after attaining age of 18 years. what is ur expert view?
    4. Can this scheme open in SBI or other PSU banks in place of Post office ?
    5. Is there any online facility to deposit the monthly installment or we needs to depend on deposition of cash/cheque only?
    6.What would be procedure to get the maturity amount i.e. 50% upon attaining age of 18 years/ 100% upon attaining age of 21 years?

    1. Dear Manoj,

      Thanks for appreciation.Answer of your question is given below.

      1.Is it better to open PPF account instead of SSY, as liquidity of PPF account is easy, while SSY scheme having lock in period of 21 years?
      Yes from Liquidity point of view PPF is better choice, However Interest rate applicable on PPF is 8.7% while on SSY is 9.2%. Lock in period is kept in Sukanya Samriddhi Account because this scheme is design for Girl Child (Education/Marriage) if we withdraw money like PPF goal may not get fulfilled.

      2. is SIP in MF is better option for long term investment than SSY?
      SIP is defiantly good option for investment compare to SSY, however it is risky compare to SSY.

      3. Now days, student complete their 10+2 in age of 16-17, while, the scheme can only give 50% of maturity for higher studies only after attaining age of 18 years. what is ur expert view?
      Your point is valid that restriction 50% is less as per my view at least 75% of money to be allowed for withdrawal.

      4. Can this scheme open in SBI or other PSU banks in place of Post office ?
      You can open Sukanya Samriddhi Account in SBI and other PSU banks also.Total 28 Banks are authorized to open this account.

      5. Is there any online facility to deposit the monthly instalment or we needs to depend on deposition of cash/cheque only?
      Currently you need to deposit money by cash or cheque, However soon we will expect online money transfer facility.

      6.What would be procedure to get the maturity amount i.e. 50% upon attaining age of 18 years/ 100% upon attaining age of 21 years?

      50% money withdrawal is allowed for higher education (Any course after the schooling such as Graduation, Post-Graduation etc.) or Marriage purpose. Account holder need to submit withdrawal slip along with relevant proof like admission proof/fee receipt or marriage card or certificate.

      On maturity, the balance including interest outstanding in the account shall be payable to the account holder on production of withdrawal slip along with the pass book.

  140. the age of my girl child is 5 month. If I invest Rs. 32000 per year starting from April 2015 how much will I get at her 21 years of age?

  142. I would like to know while opening this account e.g I will start it with 60,000 / year. But later say 4 yr. I would to increase this amount to 1,00,000 / year. And than after 10 yr I’ll again increase it to 1,50,000.

    Does it possible?

    If possible than what would be my return?

  144. Dear Sir,
    Last month (April 2015) I opened a Suganya savings account in nearest post office to my working place. My question is every month deposit amount to be done only at the particular post office or any other post office. Please reply.
    Regards,
    P.JOHN PETER

  145. Dear Sir,
    My Daughters D.O.B is 25-12-2005, i.e 10 years at present, what could be the best investment in SSA by considering of withdrawing total amount for her marriage at the age of 25 i.e 15 years from opening account
    Please Help Me
    Thanking You.

    1. Dear Venkat,

      For you I will not advice to put all your money in SSA, because under SSA you will able to withdraw 50% on her marriage. As daughter age is 10 years and marriage age is 25 years I request you to consider other investment option like Mutual Funds or FD.

  146. sir , I Have two Daughters 6mnths and 5yrs want to invest 1.5 + 1.5 for both at the begining of year so want to know wht will be returns for the both at maturity.? and have to pay till 14 yrs of age or for 14 years i have to pay the amount.?

  147. Hi,
    Should I open the account in post office or a bank..if in a bank which one would be best in terms of accessability and ease of usage.
    please suggest

  149. really it is gud for d girl child who are below 10 yes of age. save the children’s future. I don’t know whether it vil be for life time or not.

  150. I have to daughter ,first one is 10 year old and second one is 4 year .If I invest 12000 each per year starting from June 2015 how much will I get at her, 21 years of age?

  151. My Sister’s baby just 10months old. I want a account of Sukanna Samridhi of my Sister’s baby, also I want matuarity amount approx 10 lacs. So , how much the yearly invest?

  154. My Daughter is 8 years old as of 2015 and have following questions.

    1.) If I pay 1.5 L each year what will be maturity amount in my case.
    2.) In my case my daughter will 21 after 14 years, so do i need to pay for the entire duration ?

  155. who will receive the money after maturity. does girl need parents declaration for withdrawing maturity value as girl become eligible after 18 year. most asked question in post office by guardian during opening.

  156. which scheme is most reliable and secure between PPF or Sukanya. may this scheme be closed in future after new gov formation. its doubtful

    1. Dear Lalit,

      As per me both these schemes (Sukanya Samriddhi Account and PPF) are safe.You can not doubt on SSA scheme like this, you may not be aware that PPF scheme was launched by Congress which is still running in NDA government.

  157. Dear Sir/Madam
    My daughter date of birth is 21/07/2008. If I invest 6000 per year starting from July 2015 how much will I get at her 21 years of age?

    Sir/Madam I requested If you arrenage Table of Investment Age waiesd amount table. than i opening many accounts.
    Thanking you

    (Santosh Kumar)
    M.No. 09509565968

  159. sir,
    aapne jo calculate table show kiya h usme muze thoda confuse hu please clear my confusion.
    per month 12500X12=150000 hoga but how to calculate interest? agar 150000 pr 9.1% se calculate kiya to 13650 answer aata h.aur apne 7394 show kiya h

  161. Can i change the plan amount after few years? means if i start with Rs 100000 per year initially and if i change after few years say 5 years to Rs 50000 yearly. Is this possible

    Also i want to know if i go for monthly plan, can i change the monthly amount differently but aggregate will be Rs 150000 per year? is that possible?

  162. SIR, DOB OF MY DAUGHTER IS17/06/2008 AND I HAVE OPENED AN SSY ACCOUNT IN HER NAME. I WANT TO PAY 1,50,000 ANNUALLY AT A TIME.ON WHICH MONTH SHOULD I PAY THE AMOUNT FOR BEST BENEFIT AND WHAT WILL BE THE MATURITY AMOUNT AFTER 21 YEARS?

  163. Sir ji. my daughter D.O.B.(05-08-2004) if I am deposit 3000 per month starting from June
    2015.
    1) maturity date (last instalment). 2)maturity money

  165. Dear sir,

    I want to investment the money in Yearly Basis . suppose if I pay the yearly amount in June’15 means, How it will be calculate the interest. If there any quarterly interest rate for Yearly investment. i.e april to june like that

  166. My daughter is borned on 26 dec. 2003 can i partcipate in sukanya smridhi yojna. How much i will get when she will be 21yeas old if i invest 12000 rs annualy

    1. Dear Ajay

      One-year extension is given and girl child born between 2.12.2003 & 1.12.2004 is eligible to open sukanya samriddhi account up to 1.12.2015.Download calculator to calculate maturity amount.

  170. my daughter is 2 years old now i am depositing Rs 2000/-monthly from 09/06/2015 i want to know that what is the maturity amount of my daughter ‘s 21years old

  172. Hi,
    My sister is staying in Canada. Her husband recently passed away in Canada when she was 37 weeks pregnant. She got a baby girl & she is 1 month old & they both are staying in Canada. As the kid was born in Canada. I just want to know whether, we can open SSA on the name of the kid.

    Prabha

    1. Dear Prabha,

      It’s very unfortunate that your sister’s husband passed away.

      As per current rules NRI can not open Sukanya Samriddhi Account.You can make an investment in PPF/Fixed deposit on your name on her behalf.

      Raviraj

  173. Hi,
    I recently opened SUKANYA SAMRIDDHI ACCOUNT in post office.

    is there any variation in Interest rate if i deposit 2000 monthly for first 3 months and 1,44,000 in the last month of the year? for example 1st month i deposited 2000, 2nd month i deposited 1000/-, 3rd month i deposited 4000/- later in the 12th month i deposited 1,43,000. totally i deposited 1,50,000.

    1. Dear Sreenivasulu, Interest on Sukanya Samriddhi Account is calculated on yearly basis,Yearly compounded.Current Interest rate is 9.2%. Interest calculation happens at the end of year means if you deposit different amount in this account in different month final interest calculation happens at the end of year on total balance in account.

      1. Hi Raviraj,

        Thank you for your response!!

        As per you, interest calculate will be on yearly basis.

        I opened this account in Feb 2015 so the interest rate calculation will be in Feb 2016 or is there any particular time period like April to April?

  174. Dear sir,
    I have some questions:
    1. Is there any bound that income tax payee may open these account for their baby girl?
    2. as per asked above question and your reply- ” If someone can not continue installment after certain yrs for e.g. After 7 yrs he can not continue” – “account will become discontinued”.
    So when these amount will be paid later and the candidate will be getting interest on the deposited amount till the end of 21 years?

    1. Dear Kuldip,

      Answer of your queries is given below.
      (1) Sukanya Samriddhi Account can be opened for Girl child (Age up to 10 years) by parents or legal guardian.No question of Income tax payee arise.
      (2) Account can be closed/discontinued only in the case if financial condition of parents is not good and running this account is causing extreme hardship to account holder.You need to submit relevant proof along with application for the closure of account. This is about to scrutiny. Amount and Interest will be handed over to Investor.

      Hope I have cleared your doubts.

  175. Sir..
    My daughter is 5 month .I have invest 12000 /Rs per annum how much will get on maturity.I have open the account in post office in ordissa but next deposit in other state post office possible…?

  176. Dear raviraj
    First of all thanks and congratulations for good job.
    1. I want to know wether online money can be transfer in this account
    2. Name of my daughter is wrongly printed in birth certificate. She is doing her studies correct name. Do I need to make correction in birth certificate

    1. Dear Prashant,

      Answer of your question is given below.

      (1) Online option for money transfer is not available for sukanya samriddhi account scheme.
      (2) I suggest to correct name of daughter in birth certificate before applying for this account.

  177. Hi Sir,

    Present This Account will going Manual in the post office, if its coming online also are not.

    1.My Question is after 21 year a guardian persons are changed likes senior or senior citizens just like that so how could you identify that persons.

  178. I HAVE OPENED A SUKANAYA SMRIDDHI ACCOUNT WITH POST OFFICE BY DEPOSITY CASH OF 5000 .
    NOW WHEN I WANT TO DEPOSIT AMOUNT BY CHEQUE , THEY ARE TELLING THEY ACCEPT ONLY CASH FOR THIS SCHEME .
    KINDLY LET ME KNOW THE OPTION .

  181. dear sir
    my daughters dob is 22 sept 2008. if i pay 10000 per month, what wiil i get at maturity? and if i start from this month sept 2015 how many years i have to pay (date)?
    and what if i die before payment due date?
    and what ll happen if i may stop to pay in between?

  182. Good Afternoon !

    Thank you for all the information.
    I have just one query.
    Can we use maturity amount for other purposes apart from Girl Child Education & Marriage with due consensus from girl child ? For example to expand business.

    1. Dear Prashant,

      Very Good Question. Prashant this scheme is launched with Objective of Beti Bacaho Beti Padhao. Prime intention is to make sure that girl child get good education. Sukanya Samrridhi can be opened and operated by girl child only. You can use this money for expansion of business, however i feel you should not dilute purpose of this scheme.Hope i have answer your question.

      Thanks

  185. Dear Sir
    i opened account on May 2015 with Rs 1000 , after not deposit any amount , but want to deposit .
    So pls tell me what is time / schedule procedure to deposit amount.
    or
    have any bounded time period in this ?

  187. I have opened SSY acc in my daughters name in november 2015. What about the interest rate calculations for financial year 2015-16 & 2016-17. Assuming it may vary say 9.2% is current interest rate and 9% for next financial year. Also how should i deposit amount, is it from the date i opened acc(14th nov 2015) to 14th nov 2016. or do i have to pay 150000 on 1st april 2016. little bit confused as i want to invest once in a year(150000).
    Your response is highly appreciated

  189. Dear All,

    I have opened SSA in PNB Punjabi Bagh branch New Delhi-26 last year.
    They have not provided me SSA passbook as per Govt.standard.
    They have provided me PNB passbook and deposited cheque in that account and same day they transferred the amount to Nagpur bank (according to bank) .Now its showing ZERO in my passbook.

    Is it normal ??
    If they should issue me another passbook where they have transferred the amount.
    Please reply.

    Thanks
    Suresh Kumar

  190. Hi RaviRaj,

    Let me thank you for providing detail information about this Scheme to everyone. My question is: If I deposit Rs. 1000 on the first month and second month I deposited Rs.8000. And then in the 3rd month I didn’t deposited anything. But I have deposited Rs. 16,000 on 4th month. Like wise if I deposit Rs. 1,00,000 after end of the year. How would be the calculation for that particular year and the maturity amount at the end of 21 years. Kindly clarify.

    Thanks & Regards,
    Pavan Kondreddy

  191. Hello sir

    My 2 year old daughter was born in Oman. We have got Indian Birth certificate through Indian embassy there. I returned to India a year before and planning to settle here with my daughter. Is it possible to open SSA for her?? Kindly reply..

    Thanks in advance

  192. I had opened a sukanya samridhi account with my near by post office . They are not accepting the payments by cheque . They are also refusing to transer the account to other bank . they are saying that its been same facilities has been closed temporarily . kindly help

    1. Dear Mr.Ajay,

      They must accept payment by Cheque under Sukanya Samriddhi Account.If they refuse to accept it you are requested to contact Post Master of the said post office. It they still deny you must plan to transfer your SSA account from post office to other Bank.

  193. Dear Sir,
    can i deposit Rs 150000/- in my ppf a/c as well as Rs 150000/- in sukanya smridhi a/c & get interest exemptions from both the a/c’s
    pl reply by mail
    thx
    regards
    Girish Mehta

  194. hi Raviraj,

    1) Is it good to start investing in this scheme anytime or better to start at start of financial year @April month
    2) Which option will give higher returns, monthly or yearly.

    Please advise.

  195. My daughter is 8 years old (She will complete 8 years by this July 2016). If I invest 1,00,000 per year, and If I opt of yearly payment,
    1. Should I pay at the beginning or at the end of the deposit year.?
    2. When my daughter reaches 18 years of her age, how much return will I get for her higher education? on what basis the return 50% will be calculated. Will that be on deposited/maturity amount at the time her 18 years of age.

    1. Dear Sri, You should pay this money at the beginning of year before 5th April every year.If you continue to deposit this amount every year account balance will be 16 lac (after 10 years) when your daughter reaches 18 years of age. You will able to withdraw 50% amount from the same.

  196. dear sir / madam
    suknaya samiridi yojna me 9.2% intrest rate gauranted h ya non guranted
    non gauranted h to minimum kitna h
    jo calculation aapne dikhai h kya wahi maturity milegi 21 saal baad

  197. Hi Friends,

    As per my knowledge the scheme which has been initiated by government is awesome.

    But I have a couple of questions regarding above conversations of Molly Bino and Raviraj Parekh.
    As molly said their daughter is 9yrs old and they want to invest 1000k per month and as per raviraj if they invest for 14yrs it means child would have completed 9+14=23yrs.

    My questions is if the maturity of the investment will be for 21yrs, then when Molly will get their amount after 23yrs or 21yrs.

    Waiting for your reply.

  198. I have three daughters aged 5 yrs, 3 yrs, and 4 months respectively. i can deposit Rs.50000 for each daughter in one year. How much can i get after the completion of the period for every daughter.

    1. Dear Mr.Kashyap,

      If you deposit 50,000 Rs in each account you can get maturity amount around 24 L in each account considering interest rate 8.6%.The maturity of the account is 21 years from the date of opening of the account or as girl child gets married whichever is earlier.

  199. I have deposited 74000 from April 2015 to march 2016 . Now l have updated my pass book I got 2500 interest only . I think it is very low returns

  200. Hi Raviraj,
    I will deposit 3000 rupees every month till 14 years so, how much amount will I get till my daughter turns upto 21 years. She is one year old now

  204. Sir,
    If a person is having PPF a/c and Sukanya a/c in the name of girl child, then is he will be getting rebate for both under 80c i.e ₹1.5 lakh+₹1.5 lakh =₹3 lakhs

  206. Sir
    If I invest 1lakh first year 2 nd year 50000rs 3 rd year 1 lakh 4th year 50000rs 5th year 1 lakh a total investment of 4 lakh total investment in 5 years and till 14 year I’m investing minimum 1000rs yearly. What will be the maturity amount when my daughter become 21 years. Please advise me that I want to plan accordingly. Now uae daughter completed 10 months

  207. Hi,
    My daughter is 15 April 2006 born .so she is now 10 years 1 month.any grace period is applicable.Can i avail it for her still?
    Thanks
    Sheetal

  209. My daughter is 5 years old I want to know about how much amount I’ve to invest in sukanya samridhi yojna to get 25lacs in the age of 21 years of my daughter???

  210. Hi Raviraj,

    My daughter will be 4 in coming October. my question is right now she is indian citizen but after 3 to 4 years she will be Australian citizen so will she get her maturity amount at the age of 21?

    1. Hi Jaimish,

      Very Good Question. Unfortunately this scheme is for Indian Citizen only.If your daughter will become Australian Citizen you need to close the account and withdraw the remaining amount from account. You can not continue this scheme.

  211. Hi sir,
    I have started this scheme and I have payed 2 monthly installment. Now I need to change nomie name,due to IT reason . Is this possible?

  215. Dear sir,
    my self Shirish ,My Duaghter is 2 year old ,my planing Every month 2000R.s OR 4000R.s Contribute,so plese Ans me ,21 year old what value of my Deposite Benifit ??

    1. Dear Sir,

      In order to transfer your SSY account from post office to SBI you need to visit post office and submit the passbook given to you by post office at the time of opening account.

      You need to inform to post office executive that you want to transfer your account and he/she will prepare necessary documents for transferring account.

      Once your documents are ready visit SBI branch and submit this KYC documents. New passbook will be issued to you.

  218. HI sir,

    Really helpful scheme to the public as I have a doubt on this that if I pay rs.1000 yearly for 14 years after 21 years the maturity amount I will receive is 6lakh rupees.

    But it seems to be wrong to my knowledge and sir can u pls let me know what would be the maturity amt if I pay rs 5000 yearly as we are financially not so strong, I tried to calculate in SSY calculator but there is an error occurring while downloading.

    Hoping a quick response.

  219. my daughter is 10 years old.i will invest Rs12,000 per year. after14 year how she will get after21 year. pls
    replay me and send me the calculater base final receiving.

  220. I open ssy account as monthly deposit . can i convert to yearly deposit. is this possible ?
    is it difference of maturity value on monthly & yearly deposit?

  223. Dear Sir,

    I have open SSY account of my daughter in age of 4 month ,year of march 2016 and i have deposit monthly basis 5000/- amount.

    How much amount received after maturity ?? please confirm.

    With Regards,
    Suraj choudhari

  224. श्रीमान जी मेरी पुत्री की जन्म तिथि 29/03/2010 है मैंने 2017 जनवरी में सुकन्या समृद्धि योजना में स्टेट बैंक ऑफ़ इंडिया में 12000 रु जमा करना है तो मुझे कब और कितनी राशि वापस मिलेगी।

  225. When Sukanya Samriddhi yojana launched on 22 January.2015 and my birth date is 11/03/2014. That time she was not eligible to open the account but one year relaxation given by government whose daughters are below 11 years of age can open the account. I had open the account with post office but my confusion is that she was eligible as per birth date for the same or I made a mistake or eligibility is being take up by system designed for this scheme. I had open the account in the month of April’15.

    Pls clarify. I was right or wrong.

    Regards,
    Sanjeev Sharma.

  226. I’m VIPUL Ranjan my daughter is 3years old. I opened the A/c already on 2015 .i want know if i deposited 5000 per month in a/c .then after 21 years Or 2036 .i will get total amt ple you are requested reply to me

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