SSY vs PPF Calculator 2025 | Which is Better for Your Daughter's Future?
Compare Sukanya Samriddhi Yojana and Public Provident Fund returns. Calculate which scheme gives higher returns for your daughter's future.
Your Investment Details
SSY
Sukanya Samriddhi Yojana
Maturity Amount
₹23,94,040
Maturity Age
26 years
50% Withdrawal at Age 18
₹5,89,106
Total Investment
₹7,50,000
Total Interest Earned
₹16,44,040
PPF
Public Provident Fund
Maturity Amount
₹13,56,070
Maturity Year
15 years
Annual Tax Savings
₹15,000
Total Investment
₹7,50,000
Total Interest Earned
₹6,06,070
Our Recommendation: SSY
- SSY offers 76.5% higher returns at maturity (₹10,37,970 more)
- SSY is specifically designed for girl child's education and marriage
- SSY allows 50% withdrawal at age 18 for education/marriage
- SSY is fully tax-free (EEE status) - no tax on maturity
Investment & Returns Analysis
SSY
Annual Investment
PPF
Annual Investment
SSY Interest Rate Advantage
SSY offers 8.2% interest vs PPF's 7.1% - a significant 1.1% higher rate. Over 21 years, this compounds to substantially higher returns.
SSY gives ₹10,37,970 more at maturity (76.5% higher)
Why SSY is Better for Your Daughter's Future
- • Highest interest rate (8.2%) among government-backed savings schemes
- • Completely tax-free at all stages - contributions, interest, and maturity
- • 50% can be withdrawn at age 18 for education or marriage expenses
- • Account automatically closes on daughter's marriage after age 18
Smart Tax Planning Strategy
Both SSY and PPF qualify for Section 80C tax deduction (up to ₹1.5 lakh). The interest earned and maturity amount are completely tax-free under EEE (Exempt-Exempt-Exempt) category.
Pro Tip: If you have 2 daughters, you can open 2 SSY accounts and claim up to ₹3 lakh in 80C deductions combined.
Detailed Comparison
Frequently Asked Questions
Can I open both SSY and PPF accounts?
Yes! You can have both. SSY is specifically for your daughter's future, while PPF is for general long-term savings. Both qualify for Section 80C deduction up to ₹1.5L combined per year.
What happens to SSY if my daughter gets married before 21 years?
The SSY account can be closed upon marriage after the girl turns 18. You'll receive the full maturity amount (principal + interest) at that time. This feature makes SSY flexible for marriage expenses.
Which gives higher returns - SSY or PPF?
SSY gives higher returns due to 8.2% interest rate vs PPF's 7.1%. Over 21 years with ₹1 lakh annual investment, SSY can give approximately ₹25-30 lakh MORE than PPF. This difference compounds significantly over time.
Can I convert my PPF account to SSY?
No, you cannot convert PPF to SSY. These are separate schemes with different purposes and rules. However, if you have a daughter under 10 years, you can open a new SSY account separately while continuing your PPF.
What if I miss a year's deposit in SSY?
If you miss deposits, the SSY account becomes inactive but can be revived by paying a ₹50 penalty per year plus the missed deposits. Interest continues to be credited even during inactive years, so you won't lose accumulated interest.