SSY Calculator: Calculate Returns for Your Daughter’s Future by Investing ₹1000, ₹2000, ₹3000, or ₹5000
Siddhi Jain November 14, 2024 11:15 AM

Sukanya Samriddhi Yojana Calculator: Investing in the Sukanya Samriddhi Yojana (SSY) can help secure a significant fund for your daughter by the time she reaches 21. Here’s how much you can expect to earn at maturity with monthly contributions of ₹1000, ₹2000, ₹3000, or ₹5000.

SSY Benefits and Details:
Indian citizens can invest in the Sukanya Samriddhi Yojana for daughters below 10 years of age. The scheme currently offers a 7.6% interest rate, with a minimum investment of ₹250 and a maximum of ₹1.5 lakh per year. Contributions can be made for 15 years, and the scheme matures in 21 years. The earlier you start, the larger the maturity amount available for your daughter.

Estimated Maturity Amounts

  1. For ₹1000 Monthly Investment:

    • Annual deposit: ₹12,000
    • Total invested over 15 years: ₹1,80,000
    • Interest earned: ₹3,29,212
    • Total maturity amount: ₹5,09,212
  2. For ₹2000 Monthly Investment:

    • Annual deposit: ₹24,000
    • Total invested over 15 years: ₹3,60,000
    • Interest earned: ₹6,58,425
    • Total maturity amount: ₹10,18,425
  3. For ₹3000 Monthly Investment:

    • Annual deposit: ₹36,000
    • Total invested over 15 years: ₹5,40,000
    • Interest earned: ₹9,87,637
    • Total maturity amount: ₹15,27,637
  4. For ₹4000 Monthly Investment:

    • Annual deposit: ₹48,000
    • Total invested over 15 years: ₹7,20,000
    • Interest earned: ₹13,16,850
    • Total maturity amount: ₹20,36,850
  5. For ₹5000 Monthly Investment:

    • Annual deposit: ₹60,000
    • Total invested over 15 years: ₹9,00,000
    • Interest earned: ₹16,46,062
    • Total maturity amount: ₹25,46,062
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