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Sukanya Samriddhi Yojana Calculator Calculator

Determine the returns you receive as per the invested amount and tenure.

Total Investment

Start Period

Current interest rate

Calculate

Total value of your investment

Total investment
Total interest

Total investment

₹ 0

Total interest

₹ 0

Maturity year

₹ 0

Maturity value

₹ 0

SSY Calculator Range?

  1. We recommend to have Total Investment ranges from ₹ 250 to ₹ 150000
  2. The current interest rate is 7.6% p.a
  3. The SSY has a tenure of 21 years, No deposits are required to be made between year 15 and year 21.
  4. It is mandatory for individuals to make at least one contribution in a year until the completion of 14 years.
  5. Only for girls and residents of india and age must be less than 10 years

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What is SSY Calculator?

  1. The Sukanya Samriddhi Yojana (SSY) was launched by the Indian government as a campaign of its “Beti Bachao Beti Padhao” drive.
  2. The account can mature after 21 years since the day it was opened or when a girl will be married having reached 18 years old.
  3. The girl is to be an Indian citizen
  4. She shouldn’t be more than ten years old.
  5. It is compulsory for persons to make one deposit per year till they reach 14 years of age.
  6. The calculator will assume that the same amount of money is put in annually as a deposit.
  7. No deposits are required between 15 and 21.
  8. Nevertheless, individuals will accrue interest on the preceding contributions throughout this period.
  9. A family having two girl children can open up to two accounts.

How SSY Calculator works?

A SSY calculator works on the following standard formula used to calculate amount on maturity under the SSY scheme

A=P(1+r/n)nt

Where

  • A = Compound Interest
  • P = Principal Amount
  • r = Rate of Interest
  • n = The number of times interest is compounded in a year
  • nt = number of years

Learn about our Stocks Calculator Tools.

  1. Try out latest version of Stocks Calculator Tool Version 3.
  2. Get an estimate of your return for a invested values.
  3. Different tools will give you analysis of different categories available.
  4. This Stocks Calculator designed to give an estimate of your returns before you invest.
  5. These calculations are an estimation and prediction they may change over a period of time.
  6. These Stock Calculations will help you save money and gives you an early analysis of your returns.
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GUIDE

All of our Stocks Calculator Tools uses Version 3 Software.

Calculate your investments and returns buy using the tools respectively for the category you are investing.

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These calculations are an estimation and prediction they may change over a period of time.

The input you give are not stored in any manner while you make any use of this tool. This is a fully secure platform, you can freely use the tools, the user's privacy is most important to us.

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