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3 days ago · Sukanya Samriddhi Yojana (SSY) is a savings scheme which was launched in 2015 as part of the Government initiative Beti Bachao, Beti Padhao campaign. Read this article to know how does Sukanya Samriddhi Yojana (SSY) calculator work, its key aspects calculation formula, etc.
- After the provision of all the required details, the calculator determines the value which will be sanctioned on maturity. In order to perform the...
- Here is a calculation of maturity value keeping the monthly and yearly contribution constant. Assumptions made for the calculation are- Rate of Int...
- The Reserve Bank of India has approved the following banks as the providers of SSY: Axis Bank State Bank of India (SBI) Central Bank of India (CBI)...
- The applicants of Sukanya Samriddhi Yojana can use the SSY calculator to evaluate the maturity amount at the end of the scheme tenure. The calculat...
- Cash Cheque Demand Draft E-Transfer in the concerned bank or post-office (if available)
6 days ago · Sukanya Samriddhi Yojana Calculator The benefit of any investment can only be determined based on how much the investment grows over time. The following is a sample calculation showing the high returns you can get by making contributions to the Sukanya Samriddhi Yojana.
- No. The facility of loan against SSY account balance is not currently available. You can avail the option of loan against PPF instead.
- Yes. Premature closure of the Sukanya account is allowed in certain cases. This may include compassionate grounds due to terminal illness, the unex...
- The SSY account will have to be closed if the girl child becomes an NRI or loses her Indian citizenship.
2 days ago · Sukanya Samriddhi Yojana calculator Suppose a family starts saving Rs 10,000 every month in the SSY account opened in the name of their daughter. They are prudent enough to begin saving from the time she is only a few months old since there is no minimum age to begin.
3 days ago · Post office SSY: Sukanya Samriddhi Yojana (SSY) is a government small deposit savings scheme. This scheme is a specialised scheme for the girl child. One of the guardians can open the SSY account in the name of a girl child who is under the age of 10 years on the date of opening.
4 days ago · Sukanya Samriddhi Account details The minimum amount required to open the Sukanya Samriddhi Yojana account is Rs 250 in a fiscal year. Sukanya Samriddhi Account taxation 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 SSY scheme.
5 days ago · ADVERTISEMENT. The sukanya samriddhi Yojana calculator is an online tool that helps in calculating the maturity amount at the end of the tenure, taking into account the principal amount and the rate of interest. To use the calculator, you should know the deposit amount and the age of the child. To start with, decide on the amount of money that ...
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