Sukanya Samriddhi Yojana Calculator

Latest Rate: 8.2% p.a. (compounded yearly)

Yearly Investment (₹)

Girl's Current Age (Years)

Investment Duration (Years)

Returns

₹0

Invested

₹0

Total Maturity Value

₹0

Sukanya Samriddhi Yojana Calculator – Secure Your Daughter’s Future Smartly 🎀

Plan your daughter’s financial future effortlessly with Money Compute’s Sukanya Samriddhi Yojana (SSY) Calculator! 🇮🇳💰

The Sukanya Samriddhi Yojana is a government-backed savings scheme designed to promote the education and marriage expenses of a girl child. Our calculator helps you estimate maturity amount and returns based on your investment under this popular scheme. 📈

What Is Sukanya Samriddhi Yojana (SSY)? 🤔

SSY is a savings scheme launched by the Government of India under the Beti Bachao Beti Padhao campaign to encourage parents to save for their daughter’s future. It offers attractive interest rates, tax benefits, and a secure investment avenue. 🎯

How the SSY Calculator Works 🧮

Calculate estimated maturity value using:

Annual deposit amount or partial yearly investments
Scheme’s current annual interest rate (%)
Deposit duration (up to 15 years, with a 21-year maturity period)
Compounded interest calculation as per government rules

How to Use Money Compute SSY Calculator 🚀

Enter yearly deposit amount (e.g., ₹50,000) 🏦
Enter current SSY interest rate (e.g., 8%) 📊
Enter total deposit duration (e.g., 15 years) ⏳
View instant results:
- Projected maturity amount 🎉
- Total invested amount 💵
- Estimated interest earned 💹

Benefits of Sukanya Samriddhi Yojana Scheme 🇮🇳🏆

Attractive interest rates, currently higher than many other savings plans 🌟
Tax benefits under Section 80C of the Income Tax Act 🧾
Safe, government-backed investment providing financial security 👏
Helps build funds for daughter’s education and marriage 🎓💍
Flexible deposit duration and premature withdrawal options in special cases ✨

Example Calculation 📋

If you invest ₹50,000 yearly for 15 years at 8% interest:

Total invested = ₹7,50,000
Estimated maturity ≈ ₹15,00,000 depending on the compounding effect 🎉

Common FAQs About SSY Scheme ❓

Q1: Who can open an SSY account?
- Parents or guardians for a girl child below 10 years of age. 👧
Q2: What is the minimum deposit?
- Minimum ₹250 per year; maximum ₹1.5 lakh per year. 💰
Q3: Can premature withdrawal be made?
- Allowed only for daughter’s higher education or marriage after 18 years. 🎓💒
Q4: Are there tax benefits?
- Yes, contributions qualify for deduction under Section 80C. 🧾

Start Securing Your Daughter’s Future with Money Compute SSY Calculator! 🚦

Plan smart, invest right, and watch the savings grow. Try the Sukanya Samriddhi Yojana Calculator today and take a confident step toward your daughter’s financial security! 🌸💖