SSY Calculator for ₹250 / Month (₹3,000/yr)
21-Year Tax-Free Wealth Creation at 8.2% Govt Interest
21-Year Tax-Free Maturity Value
₹1.44 Lakhs
+₹98,642 Total Interest Earned
Popular SSY Deposit Searches:
SSY Scheme Overview
Total 15-Yr Deposit:₹45,000
Total Interest Earned:₹98,642
Interest Rate:8.2% p.a. Compounded
Tax Status:100% Tax-Free (EEE)
Frequently Asked Questions
Depositing ₹250 / Month (₹3,000/yr) for 15 years yields a total tax-free maturity amount of ₹1.44 Lakhs at the end of 21 years (Total deposit: ₹45,000 + Total Interest: ₹98,642 at 8.2% rate).
No! You only make deposits for the first 15 years. During years 16 to 21, no further deposits are required, but your accumulated balance continues to earn 8.2% annual compound interest until the 21-year maturity.