Sukanya Samriddhi Yojana Calculator Online
Total Returns:
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FAQs on Sukanya Samriddhi Yojana Calculator Online
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.
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.
Partial withdrawals are allowed after the girl turns 18, subject to certain conditions.
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.
Yes, the SSY calculator provides an estimate based on the inputs you provide, such as the investment amount, interest rate, and duration.
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.
The minimum deposit is ₹250, and the maximum limit is ₹1.5 lakh per annum for SSY accounts.
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.
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.
You can check your SSY account balance online or by visiting the post office or bank where you opened the account.