A Sukanya Samriddhi Yojana chart is simply a table showing how a fixed yearly deposit grows over the life of the account, year by year, at the interest rate the government has set for that period. This guide walks through the current rate, a worked maturity chart for three common deposit levels, who can open an account, what happens if a deposit is skipped, and how the scheme compares with the Public Provident Fund (PPF) for a daughter's education goal.
SSY Interest Rate History and Current Rate
The sukanya samriddhi account rate of interest for the July-September 2026 quarter is 8.2% per annum, compounded annually. This is confirmed in the Ministry of Finance, Department of Economic Affairs notification dated June 30, 2026, which kept small savings rates for Q2 FY 2026-27 unchanged from the preceding quarter. The sukanya rate of interest has now stayed at 8.2% since April 1, 2024, the longest stretch without a change since the scheme's rate began moving quarterly.
Sukanya Samriddhi Account (SSY) is a small savings scheme for a girl child, governed by the Sukanya Samriddhi Account Scheme, 2019 (Ministry of Finance notification G.S.R. 914(E), dated December 12, 2019), issued under section 3A of the Government Savings Promotion Act, 1873. Under Paragraph 5 of that Scheme, the interest rate is fixed by the Central Government and reviewed every quarter, alongside PPF, the Senior Citizens' Savings Scheme, and other post office savings instruments.
Compounding. Interest is calculated for each calendar month on the lowest balance held between the close of the fifth day of the month and its last day, then credited to the account at the end of the financial year. A deposit made after the fifth of a month does not earn interest for that month.
Why the rate moves. Small savings rates are reviewed quarterly and are generally aligned to yields on government securities of comparable maturity. A rate that applies in one quarter is not a permanent feature of the account. Deposits already sitting in an SSY account earn whatever rate is notified for each quarter that follows, not the rate that was in force when the deposit was made.
Historical range. SSY was launched in January 2015 with an interest rate in the 9.1% to 9.2% range for FY 2015-16, the highest the scheme has offered. Rates were revised downward through the following years as small savings rates fell across the board, before rising again from FY 2023-24 onward. The rate has held at 8.2% for ten consecutive quarters through July-September 2026, making it, alongside the Senior Citizens' Savings Scheme, the highest-yielding scheme currently on the small savings list.
Sukanya Samriddhi Yojana Chart 2026
The following SSY chart shows estimated maturity values for annual deposits equivalent to ₹1,000, ₹5,000 and ₹12,500 per month, assuming an 8.2% annual interest rate remains unchanged for the entire 21-year period.
| Year | ₹1,000/month (₹12,000/yr) | ₹5,000/month (₹60,000/yr) | ₹12,500/month (₹1,50,000/yr, the annual cap) |
|---|---|---|---|
| 1 | ₹12,984 | ₹64,920 | ₹1,62,300 |
| 5 | ₹76,476 | ₹3,82,382 | ₹9,55,954 |
| 10 | ₹1,89,889 | ₹9,49,447 | ₹23,73,618 |
| 15 (last deposit year) | ₹3,58,079 | ₹17,90,396 | ₹44,75,989 |
| 21 (maturity) | ₹5,74,570 | ₹28,72,848 | ₹71,82,119 |
For example, a monthly-equivalent deposit of ₹5,000 (₹60,000 paid in one lump sum each financial year) reaches roughly ₹17.9 lakh by the end of the 15-year deposit window and continues compounding, untouched, to about ₹28.7 lakh at the 21-year maturity mark. Of that closing balance, ₹9 lakh is the total amount actually deposited and the remainder is interest.
The ₹12,500/month figure corresponds to ₹1,50,000 a year, the maximum permitted deposit in a financial year under Paragraph 4(2) of the SSY Scheme, 2019. Any amount deposited over this cap in a year does not earn interest and is refundable.
These figures assume no deposit is missed and no premature or partial withdrawal is made before maturity. A sukanya samriddhi yojana scheme calculator can generate a full year-by-year chart for any deposit amount, deposit frequency, or account-opening year, which is more useful than a fixed table when the actual annual deposit does not match a round number.
Eligibility Rules: One Account Per Girl Child (Max 2)
An SSY account can be opened by a parent or legal guardian for a girl child who is a resident Indian, at any point between her birth and the date she turns 10 years old. This condition, along with the account-opening process, is set out in Paragraph 3 of the SSY Scheme, 2019.
Only one SSY account can exist in a given girl child's name. A parent or guardian may open a maximum of two SSY accounts across their children, one per eligible daughter. An exception applies where a second or subsequent birth results in twin or triplet girls: in that specific case, more than two accounts are permitted for the family, since the two-account limit is meant to apply per set of births rather than as an absolute family cap.
The account is opened with an initial deposit of at least ₹250, in multiples of ₹50 thereafter, and the account can be opened at any post office or at a branch of a bank authorized to offer the scheme.
A sukanya samriddhi yojana scheme calculator that lets a parent enter the daughter's age at account opening is useful here, since the number of years available for deposits (up to 15) and the number of years to maturity (21 from account opening, not from the girl's age) both depend on when the account was actually opened, not on her current age.
If the account holder ceases to be a resident Indian or becomes a non-citizen after the account is opened, interest stops accruing on the account from the date that status changes, per the definitions carried over into the Scheme's residency and citizenship conditions.
For the full maturity and account-closure rules, see the SSY maturity rules guide, and for a step-by-step walkthrough of the calculator itself, see how to use the SSY calculator.
What Happens If You Miss a Yearly Deposit
At least ₹250 must be deposited into an SSY account in every financial year. An account in which this minimum has not been deposited is treated as an account "under default" under Paragraph 4(4) of the SSY Scheme, 2019.
A defaulted account can be regularised at any point up to the completion of 15 years from the date the account was opened, by paying a penalty of ₹50 for every defaulted year, in addition to the minimum deposit due for each of those years. There is no separate limit on how many years can be in default at once; the ₹50-per-year penalty simply accumulates.
If the account is not regularised within that 15-year window, Paragraph 4(5) of the Scheme provides that the entire deposit, including amounts paid in before the default occurred, continues to earn interest at the rate applicable to the scheme until the account is closed. A defaulted account that is never regularised does not stop earning interest altogether; it simply cannot accept further deposits once the 15-year deposit window has closed.
An SSY calculator post office staff or a bank branch typically points customers toward can help estimate the penalty and arrears due to regularise a specific account, since the amount depends on exactly how many financial years were missed and the minimum deposit rate that applied in each of those years.
SSY vs PPF for a Daughter's Education Fund
A sukanya samriddhi yojana calculator post office staff use alongside a PPF calculator is the most direct way to compare the two schemes for the same goal, since both offer Section 80C deduction on deposits and EEE (exempt-exempt-exempt) tax treatment on interest and maturity proceeds, but differ in eligibility, tenure and access to funds.
| Feature | Sukanya Samriddhi Yojana (SSY) | Public Provident Fund (PPF) |
|---|---|---|
| Who can open an account | Parent/guardian, for a resident Indian girl child under 10 | Any resident Indian individual, any age, any gender |
| Interest rate, Jul-Sep 2026 | 8.2% p.a. | 7.1% p.a. |
| Deposit period | Up to 15 years from account opening | 15 years, extendable in blocks of 5 years |
| Maturity | 21 years from account opening | 15 years (or later, if extended) |
| Minimum/maximum yearly deposit | ₹250 / ₹1,50,000 | ₹500 / ₹1,50,000 |
| Partial withdrawal | Up to 50% of previous year-end balance, after the girl turns 18, for education or marriage | Allowed from the 7th financial year onward, subject to scheme limits |
| Tax treatment | EEE, Section 80C | EEE, Section 80C |
SSY currently pays a higher rate than PPF and is structured specifically around a daughter's education or marriage timeline, with partial withdrawal tied to her turning 18. PPF is open to any individual and offers more flexibility around who holds the account and when it can be extended, which matters for a family that wants one account serving multiple purposes rather than one opened per daughter. Neither scheme guarantees that its current rate will remain the highest-yielding option for the full deposit period, since both are revised quarterly by the same notification process.
FAQs
What is the penalty for missing a yearly SSY deposit?
The penalty is ₹50 for each year the ₹250 minimum deposit was missed, payable together with the minimum deposit due for each of those defaulted years, under Paragraph 4(4) of the SSY Scheme, 2019. This can be paid any time up to 15 years from the date the account was opened. There is no separate late fee beyond this ₹50-per-year charge.
Can grandparents open a Sukanya Samriddhi account for a granddaughter?
Only if the grandparent is recognised as the girl's legal guardian, not merely because of the biological relationship. The SSY Scheme, 2019 permits an account to be opened by a "parent or guardian" on behalf of an eligible girl child, and a guardian for this purpose generally means someone appointed as such under law, such as a court-appointed guardian, rather than any grandparent by default.
Is SSY better than PPF specifically for a daughter's education goal?
SSY currently offers a higher interest rate than PPF and links partial withdrawal to the girl turning 18, which aligns with typical higher-education timelines. PPF offers a shorter base tenure and can be extended in 5-year blocks, and is not restricted by the account holder's age or gender. Which scheme fits better generally depends on the family's broader savings structure and how many accounts they already hold.
Can the SSY account be transferred between post office and bank?
Yes. An SSY account can be transferred between post offices, between banks, or between a post office and a bank, anywhere in India, on submission of the prescribed transfer request at the branch currently holding the account. The receiving branch continues the account under the same terms rather than treating it as a new account.
Is This Right For You?
The figures above are illustrative and assume a constant rate and no missed deposits. Readers dealing with a disputed maturity or interest calculation, an account opened under an unusual guardianship arrangement, a change in the account holder's residency or citizenship status, a very large accumulated balance, or any dispute that has reached a bank, post office, or court should get the specific figures verified by the post office/bank branch holding the account or by a qualified chartered accountant or legal professional, rather than relying on general figures such as these.
Conclusion
The current sukanya rate of interest is 8.2% for the July-September 2026 quarter, and it has now held steady for ten straight quarters. A sukanya samriddhi yojana chart built off that rate shows a monthly-equivalent deposit of ₹5,000 growing to roughly ₹28.7 lakh by maturity, out of which ₹9 lakh is the parent's own contribution. Because the rate is reviewed every quarter, any chart built today is a projection based on today's rate holding steady, not a promised outcome, and eligibility, default and transfer rules under the SSY Scheme, 2019 matter as much as the headline number when deciding whether and how to use the account.
To model a specific deposit amount, a different account-opening year, or a comparison against PPF for a specific timeline, use the Sukanya Samriddhi Calculator. A companion walkthrough of how to use it is available in the Sukanya Samriddhi Calculator guide, and the PPF Calculator covers the comparison scheme in the same detail.