Looking for Sukanya Samriddhi Account calculator download options? Do you know what is the current Sukanya Samriddhi Yojana interest rate 2018-19? How to fill Sukanya Samriddhi Yojana application form in Hindi? Can we use the same PPF account calculator available online for Sukanya Samriddhi Account as well?

In this article, I will be answering all these basic questions and help you to understand this Sukanya Samriddhi Account better. This is one of the initiatives started by the Government of India with the view of helping the girl child.

Interest Rates in Sukanya Samriddhi Yojana (SSA) FY 2018-19 AY 2019-20 is 8.1% (Updated on 4th April 2018)

Most of the basic features of Sukanya Samriddhi Account is almost similar to a PPF account. From an online calculator point of view, Sukanya Samriddhi Account Interest rate and maturity period is the only difference between these two.

Let’s calculate the maturity amount of Sukanya Samriddhi Account by using an online PPF calculator. Before that, you can click here to download Sukanya Samriddhi Account calculator.

For latest updates, visit www.sukanyasamriddhiaccount.com

PPF Vs. Sukanya Samriddhi Account Calculator (Comparison & limitations)

When it comes to financial product return calculators, I would love to talk about FreeFinCal.com. Mr. Pattu has prepared a lot of awesome financial online calculators.

I have downloaded the PPF calculator and edited few details to use it as Sukanya Samriddhi Account calculator.

But before using this calculator, one should keep in mind that Sukanya Samriddhi Scheme has launched with the feature of changing interest rate every year. Means interest rate will be revised every year.

So, although one can utilize Sukanya Samriddhi Account calculator to calculate the maturity amount, this will not be the accurate calculation. As we don’t know how the interest will be in coming years.

So, keep in mind few assumptions before using this Sukanya Samriddhi Yojana calculator.

  • Sukanya Samriddhi Account max deposit period is 14 years from the date of account opening
  • Maturity period is 21 years (Assuming account has opened on the birth of girl child). Means from 15th to 21st year there will be no deposit, only interest amount will accumulate.
  • This scheme has been launched with 9.10% p.a. compounded annually, later revised to 9.20% p.a. for fiscal 2015-16. FY 2016-17 it has been revised by 8.6%.

How To Convert any PPF calculator to Sukanya Samriddhi Account calculator

Now open the PPF excel calculator and edit below data.

  • Monthly Investment = 10,000 (Assumption)
  • Interest Rate = 9.10 % for first year and then you can use 9.20%.
  • Investment Tenure = 14 years, so remove deposit column data of the 15th column.
  • Go to “Post 15 years Tracker” tab of that excel. Provide accumulated value till 15th year in the field “Balance at the start of 5Y extension block”. Then remove Deposit column data till “2nd Extension Year 1” table.
  • Also, change the interest rate as per the current interest rate. Our Sukanya Samriddhi Account calculator is ready now with final maturity amount.

The final amount will show as 60, 88,225 after 21 years. This is the amount one can get from Sukanya Samriddhi Account after depositing monthly 10,000 for 14 years.

Sukanya Samriddhi Account Return VS PPF Return

This is an old calculation and as the interest rates for both PPF and Sukanya Samriddhi Account is changing in every uarter, we are not updating this canculation every time. Request you to use the latest interest rate of PPF account and Sukanya Account and compare both PPF Vs. SSA.

Now close the excel sheet and re-open again. Before closing, you might save that excel as Sukanya Samriddhi Account calculator with previous data. After re-opening the excel, provide deposit amount to calculate PPF return for 21 years term. Remove the deposit column value from 15th month similar to the previous step without changing anything.

The PPF account will provide you Rs 57, 37,048 as maturity benefit. This is obvious as the interest rate is less here. So no point of such comparison.

If you use PPF account with full benefit, means monthly 10,000 till 21 years then the amount will grow as 66,39,798 in 21 years. But 21 year means the first year of 2nd extension of PPF account. So we will take till 20th year when 1st extension of PPF account will mature. By that time amount will grow as 60, 50,571. But you have one more year to utilize this amount. In that case, you can create a fixed deposit with this amount and get more interest.

These calculations are based on an assumption. Whether Sukanya Samriddhi Account will have the same interest rate of 9.1% throughout the next 21 years is not guaranteed. Even we don’t know about PPF account interest rate as well.

Download Sukanya Samriddhi Account calculator

If you don’t want to do all these changes then download Sukanya Samriddhi Account calculator directly from MoneyExcel.com. In fact, you can use the same calculator for PPF as well. This is a very basic calculator which does not handle the inflation data to get the accurate value of return. In the coming days, we may get some good calculators as well.

So what do you think which is best: Sukanya Samriddhi Account or PPF account? If you have the option then it is better to invest in both the account to enjoy the cumulative long term benefit. Share your thoughts here by a simple comment.


    • I don’t think you can find the best time to invest ever. 🙂
      If you have a plan just execute it, in future the scheme might provide good return also.

  1. sir
    my daughter dob 9 april 2013 acount open 20 may 2015 deposit 5000 per month please tell me meturity amount
    please reply me

  2. sir my daughter dob 9/4/2013 hai mene account 20/05/2015 ko open karaya 5000 per month me jama krata hu muje maturity par kitna milega

  3. Hi,

    Would like to know, if the child becomes NRI during the course of these 21 years, will the scheme still hold good ?


  4. Hello dada
    My daughter’s DOB is 25th june 2011.plz suggest me the minimum premium for the scheme as I want her on some administrative post in future.I am a high school teacher by profession.

    • Hi Sanjay,
      You can invest minimum Rs. 1000/- to maaximum Rs. 1,50,000/-. So choose wisely after calculating the amount required as per your future needs.

  5. sir i have invested to the Sukanya Samriddhi Account But This Scheme is Share Market Based Sir,
    Because these scheme interested is not fixed in the website information so please clear my doubt My relation once upon a time are invested to the post office lic scheme but he paid in 73000 but last Maturity amount is 68000 thousand why sir, So please details

    • Hi Manju,

      Sukanya Samriddhi Scheme is nowhere linked with Share market. It is a small deposit post office scheme. I did not get your other questions, What is post office lic scheme?

  6. Sir, if I invest Rs 12000 per year, what will be the maturity value after 21 years?My girl’s DOB-23/05/2009

  7. Thank you so much for giving complete information about ukanya Samriddhi Account. I’ve one question for you. What us meant by interest is taxable and maturity amount in not taxable in Sukanya Samriddhi Account ???

  8. Hello Sir, This is Magal Singh. My daughter DOB is November 2, 2007. I want to know that if i deposit 5000/year. How much amount will be in the closing year.

    please guide me.


  9. Sir, if I invest Rs 10000 per year, what will be the maturity value after 21 years?My girl’s DOB-16/11/2011

    • Hi Sanjay,

      After 21 years you can get around Rs 1,578,153, as per Sukanya Samriddhi Account calculator considering interest rate of 9.1% throughout. But don’t believe on that fully as it will be different based on various interest rate in coming years.

  10. sir,
    My girl’s age in 8 years, If I deposit Rs 12000.00 pa. then which year account will mature and how much the maturity value will be?

  11. Dear sir,

    Few of my collegues say, that Sukanya samriddhi account is not Tax free. The tax will be deducted at the time of maturity…. please explain..



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