Sukanya Samriddhi Yojana Calculator: Any Indian can start investing in Sukanya Samriddhi Yojana for his daughter below the age of 10 years. Currently, the scheme is giving an interest rate of 7.6 percent. There is a limit of investing a minimum of Rs 250 and a maximum of Rs 1.50 lakh annually.
Contribution can be made for the daughter in the scheme for 15 years. This means that this scheme matures in 21 years. The younger you start investing when your daughter is, the sooner you will be able to use the maturity amount for her.
If you start from birth, you will get more benefits
If you start investing in Sukanya Samriddhi Yojana from birth, then by the time your daughter turns 21, a good amount will be ready for her. Now let us know how much profit you will get till maturity if the investment amount is Rs 1000, 2000, 3000 or 5000.
How much will you get if you invest Rs 1000?
If you invest Rs 1000 monthly in this scheme, then Rs 12 thousand will be deposited annually. According to the SSY calculator, a total of Rs 1,80,000 will be invested in 15 years and Rs 3,29,212 will be received from interest alone. Thus, a total of Rs 5,09,212 will be received on maturity.
How much will you get if you invest Rs 2,000?
If you invest Rs 2,000 per month, then Rs 24,000 will be deposited annually. The total investment will be Rs 3,60,000 and the interest income will be Rs 6,58,425. The total amount on maturity will be Rs 10,18,425.
How much will you get if you invest Rs 3,000?
If we see the calculation on the basis of Rs 3,000 per month, then Rs 36,000 will be deposited annually. The total investment will be Rs 5,40,000. The interest income will be Rs 9,87,637. On maturity, you will get a total of Rs 15,27,637.
How much will you get if you invest Rs 4000?
If you invest Rs 4000 in Sukanya Samriddhi Yojana (SSY), you will get Rs 48,000 annually. In 15 years, you will invest a total of Rs 7,20,000. You will earn Rs 13,16,850 from interest. On maturity, you will get a total fund of Rs 20,36,850 for your daughter.
How much will you get if you invest Rs 5000?
If you invest Rs 5000 monthly, you will invest Rs 60,000 annually. In this way, you will invest a total of Rs 9,00,000 in 15 years. You will earn Rs 16,46,062 from interest. On maturity, you will get a big fund of Rs 25,46,062.
