Sukanya Samriddhi Yojana Calculator Online 2025

Sukanya Samriddhi Yojana Calculator Online

Sukanya Samriddhi Yojana Calculator Online

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FAQs on Sukanya Samriddhi Yojana Calculator Online

1. What is the Sukanya Samriddhi Yojana (SSY)?

The Sukanya Samriddhi Yojana is a government-backed savings scheme aimed at securing the future of a girl child. It offers attractive interest rates and tax benefits.

2. How does the Sukanya Samriddhi Yojana calculator work?

The SSY calculator helps you estimate the returns on your investment in the Sukanya Samriddhi Yojana, considering factors such as the amount, duration, and interest rate.

3. Can I withdraw money from the Sukanya Samriddhi Yojana account?

Partial withdrawals are allowed after the girl turns 18, subject to certain conditions.

4. What is the interest rate on Sukanya Samriddhi Yojana?

The interest rate on SSY is revised quarterly by the government. You can find the latest rates on the official website of the India Post.

5. Is the SSY calculator accurate?

Yes, the SSY calculator provides an estimate based on the inputs you provide, such as the investment amount, interest rate, and duration.

6. How to open a Sukanya Samriddhi Yojana account?

You can open an SSY account at your nearest post office or authorized bank branch by submitting necessary documents like the girl child’s birth certificate.

7. What is the minimum and maximum amount for SSY?

The minimum deposit is ₹250, and the maximum limit is ₹1.5 lakh per annum for SSY accounts.

8. Can I open more than one SSY account?

One SSY account can be opened for each girl child. A maximum of two SSY accounts can be opened for two girl children in a family.

9. What happens if I miss a payment?

If you miss a payment, your SSY account will become inactive. However, you can reactivate it by paying the missed contributions along with a penalty.

10. How can I check the balance of my SSY account?

You can check your SSY account balance online or by visiting the post office or bank where you opened the account.

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