SSY vs PPF Calculator India — FY 2025-26
Compare Sukanya Samriddhi Yojana (8.2%) and Public Provident Fund (7.1%) side by side. See which gives your daughter more — SSY's higher rate and 21-year maturity vs PPF's flexibility and 15-year tenure. Both are EEE tax-free under Section 80C. Based on Q4 FY 2025-26 rates from the Ministry of Finance.
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How to Use This Calculator
Side by Side tab
Enter your annual deposit (default ₹1,50,000 — the maximum for both schemes) and your daughter's current age. The calculator projects both SSY (21-year maturity at 8.2%) and PPF (15-year maturity at 7.1%) side by side. See total deposits, interest earned, maturity value, and key differences including eligibility, withdrawal rules, and tax treatment.
Why SSY Wins on Numbers tab
Same inputs, but this tab breaks down why SSY gives more. The total advantage is decomposed into two components: the rate effect (SSY's 1.1% higher interest rate) and the time effect (6 extra years of compounding in years 16–21). Year-by-year milestones show both balances at key ages.
Both Strategy tab
Model investing in both SSY and PPF simultaneously. Set separate deposit amounts for each. PPF matures when your daughter is ~18 (college fund), SSY matures at ~24 (career/marriage fund). The calculator also shows the SSY partial withdrawal option at 18 and clarifies the Section 80C shared limit.
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The Formula
Both SSY and PPF use annual compounding on the minimum balance between the 5th and last day of each month:
For years 1–15: Balance = Previous Balance + Annual Deposit
Interest = Balance × 8.2%
For years 16–21: No deposits, interest on existing balance
Maturity = Balance after 21 years of compounding
PPF Maturity Value:
For years 1–15: Balance = Previous Balance + Annual Deposit
Interest = Balance × 7.1%
Maturity = Balance after 15 years of compounding
SSY Advantage Decomposition:
Total Gap = SSY Maturity − PPF Maturity
Time Effect = Value at SSY rate for 21 years − Value at PPF rate for 15 years (same rate)
Rate Effect = Value at SSY rate − Value at PPF rate (same 21-year period)
Both schemes compound interest annually, credited on March 31. For maximum interest, deposit before the 5th of April each financial year.
Example
Priya — investing ₹1,50,000/year for her 3-year-old daughter
Priya wants to decide between SSY and PPF for her daughter Ananya, who is currently 3 years old. She has ₹1,50,000/year to invest.
Step 1: SSY projection (8.2%, 21 years)
Step 2: PPF projection (7.1%, 15 years)
Step 3: The verdict
SSY provides ₹31.14 lakh more than PPF on the same ₹1.5L/year deposit. The advantage comes from SSY's 1.1% higher rate and 6 extra years of compounding (years 16–21 where no deposits are needed but interest keeps accumulating). However, PPF matures 6 years earlier — useful as a college fund at age 18.
Both strategy: If Priya can invest ₹3L/year (₹1.5L SSY + ₹1.5L PPF), she gets a ₹40.68L college fund at 18 and ₹71.82L career/marriage fund at 24. Combined corpus: ₹1.12 crore. Note: Section 80C deduction is capped at ₹1.5L total, not ₹3L.
FAQ
PPF: Partial withdrawal allowed from the 7th year onwards — up to 50% of the balance at the end of the 4th preceding year, or the preceding year, whichever is lower. Loan facility from year 3 to year 6. Premature closure after 5 years for medical emergency, higher education, or change of residency, with a 1% interest rate penalty. Full maturity at 15 years.