Sukanya Samriddhi Calculator: Highest interest, maximum fund that can be created for the daughter through this..

Sukanya Samriddhi Yojana: The government's 'Sukanya Samriddhi Yojana' is one of the country's safest small savings schemes, designed to alleviate concerns regarding a daughter's future, higher education, and marriage expenses. Currently, this scheme offers the highest annual interest rate—8.2%—among all government savings schemes.

If you start investing the maximum amount in this scheme immediately after your daughter's birth, what kind of returns can you expect upon maturity after 21 years? Let us look at the detailed calculation.

Key Rules of Sukanya Samriddhi Yojana

Under this scheme, a minimum of ₹250 and a maximum of ₹1,50,000 can be deposited in any financial year. Contributions must be made for 15 years from the date of account opening. The scheme fully matures 21 years after the account is opened. This means that after the initial 15-year contribution period, you do not need to deposit any further funds for the next 6 years; yet, the accumulated amount continues to earn compound interest at a rate of 8.2%. The account can be opened any time from the daughter's birth until she turns 10 years old.

Detailed Calculation: What corpus is created with a maximum investment of ₹1.5 lakh?

If you deposit the maximum amount of ₹1.5 lakh (or ₹12,500 per month) in your daughter's name at the beginning of each year, the maturity calculation based on an 8.2% annual interest rate would look like this:

Sukanya Samriddhi Yojana Detailed Calculation: What corpus is created with a maximum investment of ₹1.5 lakh?

(Note: The government reviews interest rates for small savings schemes every quarter. If rates change in the future, the maturity amount may vary slightly.)

EEE Status: The benefit of 100% tax exemption

The 'EEE' tax category makes the returns from the Sukanya Samriddhi Yojana even more attractive. Investments of up to ₹1.5 lakh per year qualify for a tax exemption under Section 80C (under the old tax regime). The compound interest earned annually is entirely tax-free. Even the total maturity amount of ₹71.82 lakh received after 21 years is completely exempt from tax.

**Partial Withdrawal for Education and Marriage**

Once the daughter turns 18 or passes the 10th standard, up to 50% of the accumulated balance in the account can be withdrawn to cover higher education expenses. Additionally, the option for premature closure is available at the time of marriage after the age of 18.

If you are looking for a risk-free investment backed by a government guarantee, there is no better option than the Sukanya Samriddhi Yojana. By making a total investment of just ₹22.5 lakh, you can build a substantial, fully tax-free fund of approximately ₹72 lakh for your daughter over a period of 21 years.

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