He/she must enter the following information when opening the SSY account for his/her girl child following information:
- Annual investment amount
- Year in which investment has started
Currently, the interest rate and maturity year are
In the calculator, the value is automatically populated.
Based on the information provided above, the calculator displays the total value of
The right-hand side shows the investment and interest earnings
On the right.
A maturity estimate is provided by the calculator
The scheme reaches maturity after the investment is made.
The 21-year anniversary of the account date has passed
An opening statement.
- An investor must continue making deposits every year for 15 years, starting from the date the account is opened, as per the scheme’s conditions. As a result, the SSY calculator assumes that the user is consistently depositing the same amount of money each year.
- It is not necessary for investors to make any deposits between the 15th and 21st years of scheme enrollment to earn interest. However, earlier deposits are still eligible for interest. As a result, the calculator takes into account the interest accrued over all those years.
Investors can benefit from the Sukanya Samriddhi Yojana calculator in the following ways:
- Manual calculations often result in human errors, which can be avoided by using an SSY calculator.
- A few seconds are all it takes to find out the interest earnings and maturity value using this calculator.
- For monthly and yearly contributions, investors can calculate their SSY investment maturity value using this calculator.
- In addition to planning finances for a girl child, the calculator results enable investors to help them achieve certain financial goals such as higher education, medical needs, career aspirations, marriage, and so on.
- You may use this easy-to-use, free online calculator at any time and as many times as you like.
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