SSY Calculator for ₹75,000 / Year
21-Year Tax-Free Wealth Creation at 8.2% Govt Interest
21-Year Tax-Free Maturity Value
₹35.91 Lakhs
+₹24.66 Lakhs Total Interest Earned
Popular SSY Deposit Searches:
SSY Scheme Overview
Total 15-Yr Deposit:₹11.25 Lakhs
Total Interest Earned:₹24.66 Lakhs
Interest Rate:8.2% p.a. Compounded
Tax Status:100% Tax-Free (EEE)
Frequently Asked Questions
Depositing ₹75,000 / Year for 15 years yields a total tax-free maturity amount of ₹35.91 Lakhs at the end of 21 years (Total deposit: ₹11.25 Lakhs + Total Interest: ₹24.66 Lakhs 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.