Government savings scheme
SSY calculator at 8.2% (Oct–Dec 2026): maturity value with a year-wise table for deposits up to ₹1.5 lakh. Rules: 15-year deposits, 21-year maturity.
At the current 8.2% rate, depositing ₹1.5 lakh a year for 15 years (₹22.5 lakh) gives about ₹71.82 lakh at maturity after 21 years.
₹50,000 a year gives about ₹23.94 lakh. Deposits are made for 15 years; the account matures 21 years after opening.
Updated 2 October 2026
| Rule | Details |
|---|---|
| Interest rate | 8.2% per annum (rates are notified quarterly; unchanged for Oct–Dec 2026) |
| Who can open | Parent/guardian, for a girl child below 10 years; one account per girl, max two girls per family (more for twins/triplets) |
| Deposit | Minimum ₹250, maximum ₹1,50,000 per financial year, in multiples of ₹50 |
| Deposit period | 15 years from opening |
| Maturity | 21 years from opening |
| Partial withdrawal | Up to 50% of the previous year-end balance for education, after age 18 or passing Class 10 |
| Tax | Deposits qualify under Section 80C (old regime) |
Assumes the full yearly deposit is made at the start of each financial year (before the 5th of April) so it earns interest for the whole year, at a constant 8.2%.
| Year | Deposit | Total deposited | Balance at year end |
|---|---|---|---|
| 1 | ₹1,50,000 | ₹1,50,000 | ₹1,62,300 |
| 2 | ₹1,50,000 | ₹3,00,000 | ₹3,37,909 |
| 3 | ₹1,50,000 | ₹4,50,000 | ₹5,27,917 |
| 5 | ₹1,50,000 | ₹7,50,000 | ₹9,55,954 |
| 10 | ₹1,50,000 | ₹15,00,000 | ₹23,73,618 |
| 15 | ₹1,50,000 | ₹22,50,000 | ₹44,75,989 |
| 18 | ₹0 | ₹22,50,000 | ₹56,69,840 |
| 21 | ₹0 | ₹22,50,000 | ₹71,82,119 |
Interest is calculated monthly on the lowest balance between the 5th and the end of the month, and credited once a year at the end of the financial year. That is why depositing before the 5th — ideally before 5 April for the full year — maximises interest. This calculator uses yearly compounding at the start of each year, which matches that best case.
Beti ke 10 saal ki umar se pehle post office ya bank me SSY khata khulta hai. 15 saal tak har saal ₹250 se ₹1.5 lakh tak jama karte hain, aur khata 21 saal me mature hota hai. Abhi byaj dar 8.2% hai. Agar har saal ₹1.5 lakh jama karein to maturity par lagbhag ₹71.82 lakh mil sakta hai.
It is 8.2% per annum. The Ministry of Finance kept small-savings rates unchanged for the October–December 2026 quarter.
About ₹71.82 lakh at maturity (21 years), on total deposits of ₹22.5 lakh, if 8.2% holds throughout.
No. Deposits are allowed for 15 years from opening. The balance continues to earn interest until maturity at 21 years.
₹1,000 mahina yaani ₹12,000 saal — 15 saal jama karne par 21 saal me lagbhag ₹5.75 lakh (8.2% maankar).
At any post office or authorised banks — public-sector banks and certain private banks such as HDFC Bank, Axis Bank, ICICI Bank and IDBI Bank. Documents: account opening form, girl’s birth certificate, Aadhaar, and PAN or Form 60.