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Sukanya Samriddhi Calculator

Sukanya Samriddhi Calculator is part of Toolspire and is ready as soon as this page loads. Deposits stop after 15 years. The account keeps earning until it completes 21 years from opening. This is an estimate, not a post-office passbook.

Runs in this tabFreeNo account

On this page

What you can do here

Fifteen paying years

The loop adds the deposit in years 1 to 15 and skips it in years 16 to 21.

Cap warning, not a block

Amounts over ₹1.5 lakh still produce a figure so you can see the gap, with a note in the detail.

Annual, not monthly

This is not a SIP. One deposit is assumed at the start of each of the first 15 years.

The sequence

How to use the Sukanya Samriddhi Calculator

  1. 1

    Use a yearly deposit

    If you save monthly, multiply by 12 first. The scheme is credited as a year of deposits, not a monthly SIP.

  2. 2

    Type the rate from the notification

    Replace 8.2 if the government has revised the Sukanya rate. The page does not fetch the latest rate.

  3. 3

    Read the cap note

    If the detail mentions ₹1,50,000, the maturity you see is higher than the scheme would accept.

Worth knowing

  • Sukanya Samriddhi Calculator on Toolspire: deposits are added for 15 years, then the balance compounds for 6 more years with no new money.
  • Interest is applied once a year at the rate you type. The notified Sukanya rate changes; 8.2% is only the starting example.
  • A yearly deposit above ₹1,50,000 is still calculated, and the detail line says it is over the scheme cap.
  • At 0%, maturity equals 15 times the yearly deposit, because nothing is added in the silent years.

What the number is actually counting

The model adds the deposit, then multiplies the balance by (1 + rate) at the end of each of 21 years. A real Sukanya account pays interest on the lowest balance between the 10th and the last day of the month, and the post office compounds that yearly. Partial years and missed deposits are not modelled.

FAQ

Questions about Sukanya Samriddhi Calculator

Where does Sukanya Samriddhi Calculator run?

Sukanya Samriddhi Calculator runs in this tab on Toolspire. What you type or drop in is not sent to us and is not stored on a server.

When does a Sukanya account mature?

Twenty-one years after the account is opened. Deposits are allowed for only the first fifteen of those years.

Is 8.2% the current Sukanya rate?

It is the example prefilled here. The rate is notified each quarter. Type the rate on your passbook or the latest gazette figure.

What is the maximum yearly deposit?

₹1,50,000 in a financial year is the usual scheme ceiling. The calculator still runs above that and flags it.

Does this include the tax break?

No. The maturity shown is the account balance. It does not add Section 80C or show tax on withdrawal.

Keep going

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