Sukanya Samriddhi Yojana Calculator: Currently the interest rate of SSY scheme is 7.6%. It is compounded on an annual basis. Interest is not payable on maturity of the scheme or on girl becoming Non-Resident Indian (NRI) or Non-citizen.
Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana (SSY) is one of the most popular small savings schemes to secure the financial future of the girl child. SSY account can be operated by any one of the parents or legal guardian of the girl child. Interest is paid on a fixed basis on the investments deposited in this account. At the same time, it is a long term investment plan. However, many parents also want to know how much amount their daughter will get on the maturity of this account, so today we are going to talk about it.
Sukanya Samriddhi Yojana Interest Rate
At present the interest rate of SSY Yojana is 7.6%. It is compounded on an annual basis. Interest is not payable on maturity of the scheme or on girl becoming Non-Resident Indian (NRI) or Non-citizen. The rate of interest is decided by the government and determined on a quarterly basis.
Sukanya Samriddhi Yojana Calculator
The investment period in this scheme is 15 years and maturity period is 21 years. On the other hand, how much maturity amount will be there in Sukanya Samriddhi Yojana can be known through Sukanya Samriddhi Yojana Calculator. Sukanya Samriddhi Yojana calculator helps a person to estimate the investment plan under Sukanya Samriddhi Yojana.
The Sukanya Samriddhi Yojana
Calculator will use details like investments made every year and the interest rate mentioned by you to evaluate the data and give you the final result in terms of maturity amount. There are many online platforms that provide calculators for Sukanya Samriddhi Yojana and where maturity amount can be calculated online. Maturity amount can be calculated on many platforms by putting Sukanya Samriddhi Yojana Calculator on Google.
