AKG Money

Sukanya Samriddhi and PPF

Two government schemes, guaranteed and tax-free. See what your yearly deposits grow to in Sukanya Samriddhi for a daughter, or in PPF for anyone, at this quarter's rates.

These are example numbers. Change any of them to see your own answer.

Your yearly deposit

Both schemes allow up to ₹1.5 lakh a year (and need at least ₹250 for SSY, ₹500 for PPF).

₹

= ₹1.5 L

Is this for a daughter under 10?

Sukanya Samriddhi is only for girls under 10.

years
₹71.82 L

₹1,50,000 a year in Sukanya Samriddhi for 15 years grows to about ₹71.82 L when she turns 23, tax-free. The same deposits in PPF would give ₹40.68 L after 15 years.

At today's rates (October–December 2026)
ItemSukanya SamriddhiMore at maturityPPF
Interest rate8.2%7.1%
You deposit₹22.5 L₹22.5 L
Matures after21 years15 years
At maturity₹71.82 L₹40.68 L
Interest earned₹49.32 L₹18.18 L

Rates are reset every quarter, so the final amount will differ. Last checked 24 October 2026.

Sukanya Samriddhi₹71.82 L

How this is worked out

  1. Deposits are made at the start of each financial year (by 5 April to earn the full year's interest) and interest is compounded yearly.
  2. Sukanya Samriddhi: deposits for 15 years; the account matures 21 years after opening and keeps earning interest in between.
  3. PPF: deposits for 15 years; matures after 15 years (it can be extended in 5-year blocks).
  4. Both use this quarter's rate for every year. The government resets rates each quarter, so the real result will differ.

Questions people ask

Are Sukanya Samriddhi and PPF tax-free?

Yes, both are EEE: deposits qualify under section 80C (old regime), and interest and maturity are tax-free.

Can I withdraw early?

Sukanya Samriddhi allows up to 50% for her education or marriage after she turns 18. PPF allows partial withdrawals from the seventh year and loans from the third.

Should I choose these over equity mutual funds?

They're safe and tax-free, but over 15–20 years equity funds have usually grown more. Many families use both: guaranteed schemes for safety, equity SIPs for growth.

What if I miss a year's deposit?

The account becomes inactive. You can revive it with a small penalty (₹50 a year) and the missed minimum deposits.

Is my data saved anywhere?

No. Everything is worked out in your browser. Your numbers stay on your own device, and the page link holds them so you can share them.

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