Search results
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
May 21, 2019 · If you are planning on investing in the SSY scheme, then you can download and use the Sukanya Samriddhi Yojana calculator to calculate the Sukanya maturity amount at the end of the tenure. This Sukanya Samriddhi calculator can also be used to find out how much money will be available for withdrawal when the daughter turns 18 for her higher ...
The investor can use the Sukanya Samriddhi Yojana (SSY) calculator to estimate the maturity amount and decipher how much corpus she/he will be exactly able to save for his/her daughter’s education and marriage. Check how much you could save with SSY. Latest interest rate @ 8.2 % p.a. Yearly investment amount. My Daughter's age. years.
- The minimum and maximum amount that can be invested in the Sukanya Samriddhi Yojana scheme are Rs 250 and Rs 1.5 lakhs, respectively, per fiscal year.
- The minimum amount required to open the Sukanya Samriddhi Yojana account is Rs 250 in a fiscal year.
- One of the major advantages of the ET Money SSY scheme is that the maturity amount is not taxable.
- The investor can claim tax benefits up to Rs 1.5 lakhs per fiscal year under Section 80C of the Income Tax Act, 1961, for the deposits made in the...
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.
₹ 4,78,807. How to Calculate Sukanya Samriddhi Yojana Returns in 2024. The Government of India rolled out Sukanya Samriddhi Yojana to elevate the welfare of the girl child. Set up in 2015, it is a small savings scheme under the Beti Bachao Beti Padhao campaign.
Attractive Interest Rate: SSY accounts enjoys an 8.2% per annum compounded interest rate (for the period January 1 2024 to June 30 2024) - one of the highest among small savings schemes. Tax Benefits: You can enjoy full tax deduction on principal invested up to ₹1.5 lakh per year under Section 80C of the Income Tax Act.
People also ask
What is the interest rate for Sukanya Samriddhi Yojana 2024?
What is Sukanya Samriddhi Yojana (SSY) calculator?
When can a Sukanya Samriddhi Yojana account be closed?
What is Sukanya Yojana interest rate?
Jan 18, 2024 · The Sukanya Samriddhi Yojana Calculator will display a summary of your investments, i.e., total investment (Rs. 22,50,000), maturity amount (Rs. 65,93,071), and interest earned (Rs. 43,43,071). You can also see how your investment grows over the years by using the provided chart of balances and a table of payment schedules.
