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What is Sukanya Samridhi scheme calculator?
What is Sukanya Samriddhi Yojana calculator?
What is Sukanya Samriddhi Yojana scheme?
How to calculate maturity amount in Sukanya Samriddhi Yojana?
A Sukanya Samriddhi Yojana calculator can help you determine the returns you receive as per the invested amount and tenure. Who Can Use This Calculator? The first step to take benefit of the SSY calculator is to check whether the eligibility criteria of the scheme is fulfilled.
The Sukanya Samriddhi Yojana calculator helps estimate future corpus based on investment amount and tenure, enabling guardians to plan for their girl child’s education and future needs efficiently through this government-backed savings scheme offering attractive interest rates.
Sukanya Samriddhi Yojana (SSY) Calculator. Sukanya Samriddhi Yojana is a small deposit scheme launched in 2015 by the Prime Minister, Mr. Narendra Modi, as a part of the Beti Bachao Beti Padao campaign to help the guardians or parents meet their girl child’s education and marriage expenses.
- 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...
Mar 26, 2024 · SSA Calculator. Select Frequency:*. Enter Installment Amount (in rupees):*. Current Rate of Interest (%):*. Deposit Term (in years):*. Maturity Term (in years):*. *Maturity amount shown here is indicative only. Subject to change based on interest rate advised by Govt. from time to time. Amount.
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.
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.
Under the scheme, you can open a Sukanya Samriddhi Yojana Account for your girl child and use the invested amount for her higher education or marriage. You can also enjoy benefits like attractive interest rates and tax benefits under Section 80C of the Income Tax Act, 1061.
