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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
- Guardians can open an account on behalf of their girl child anytime between when she is born and before she reaches the age of 10.
- Only one SSY account is permitted for a girl child. The number of accounts guardians can create is restricted to two for each of their girl childre...
- Individuals can open an account with as low as Rs. 250. They also have to invest a minimum of Rs. 250 to keep the account active.
- An SSY account is rendered inactive if you don’t make any deposits. However, you can revive your account by paying a penalty charge of Rs. 50.
- The maximum amount that you can deposit per year in a Sukanya Samriddhi Yojana account is Rs. 1.5 Lakh.
- The maturity period of an SSY account is 21 years. However, you only have to make deposits for 14 years. The deposited corpus will earn interest be...
- Yes. SSY accounts provide income tax benefit of up to Rs. 1.5 Lakh under Section 80C.
- Yes. An account holder (the girl) will be able to withdraw from her account once she reaches 18 years of age. The account holder can only withdraw...
- Yes. A Sukanya Samriddhi Yojana account can be closed in the event of the accountholder’s death or for the treatment of life-threatening diseases,...
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.
The Post Office Sukanya Samriddhi Yojana (SSY) Calculator is a simple and easy-to-use financial tool that allows you to calculate the maturity amount you will receive by investing in the scheme.
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.
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 · You can use this calculator to estimate the return on the Sukanya Samriddhi Yojana (SSY) account. Continue reading to know: What is Sukanya Samriddhi Yojana? What are the tax benefits of Sukanya Samriddhi Yojana? How to apply for Sukanya Samriddhi Yojana? What are the eligibility criteria and age limit for the SSY scheme?
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SSY Calculator: Learn more about the benefits of the Sukanya Samriddhi Yojana calculator, how it works, SSY interest rates, the formula for calculating returns, who can invest in SSY and how to invest.