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Sukanya Samriddhi Yojana (SSY) Calculator - Calculate SSY Online to determine the maturity amount of your SSY investment after 14 years. Get details of Sukanya Samriddhi Scheme, Rules, deposit amount, interest rate and tax benefits here at Groww.in
Use the Sukanya Samriddhi Yojana Calculator online to calculate the maturity amount of your SSY investment after 14 years. Obtain details on Sukanya Samriddhi Scheme, rules, deposit amount, interest rate, and tax benefits.
The SSY Calculator is a online tool that calculates the earned interest and the maturity amount on the SSY account. In the calculator, you can enter the the amount of deposit, age of the girl child up to 10 years, and the starting year of the investment.
Sukanya Samriddhi Yojana calculator helps investors determine the likely returns from the investment based on the amount invested and the investment period.
With the Sukanya Samriddhi Yojana Calculator you can calculate the interest earned with ease. You can also do so via a manual formula as given below: A = P (1 + r/n) ^ nt. Wherein A is compound interest, P is the principal amount, r is the rate of interest, n is the number of times the interest compounds in a year, and t is the tenure in years.
A Sukanya Samriddhi Yojana Calculator functions on the basis of variables set by an individual, such as an investment amount and age details of a child. An SSY calculator comes with a pre-adjusted interest rate that prevails in India and a limited maturity period. Using a mathematical formula, it calculates the interest amount and the maturity value of such an investment scheme accordingly.
This free online tool helps you to compute the maturity amount and total interest earned before investment. The current SSY rate is 8.2% per annum. In addition, the deposit period is 15 years and the maturity period is 21 years. No need to deposit any amount from year 15 to year 21.
Jan 18, 2024 · The Sukanya Samriddhi Yojana Calculator is based on the Sukanya Samriddhi Account Scheme, 2019, launched by the Government of India (GOI). You can use this calculator to estimate the return on the Sukanya Samriddhi Yojana (SSY) account.
Sukanya Samriddhi Yojana Calculator - Axis Bank's SSY Calculator helps to calculate the interest you receive on the amount you invest. Visit us online to know more.
The Sukanya Samriddhi Yojana Calculator uses annual contributions, interest rate, and daughter’s age to estimate the maturity amount of your investments. The SSY scheme aims to encourage savings in the name of daughters and the Sukanya account calculator helps one visualise the amount one can accumulate for them by investing in this scheme.
