Sukanya Samriddhi Yojana (SSY) is a scheme launched by government to enable savings on name of girl child. SSY was launched as an initiative to secure the future of girl child as part of "Beti Bachao, Beti Padhao" abhiyan.
Use this calculator to calculate total investment value and return on investment. You can calculate maturity value and maturity period.
Yearly Investment (Max 150000) | |
Girl's Age (Max 10) | |
Start Year | |
Interest Rate |
Sukanya Samriddhi Yojana (SSY) scheme was launched to empower girl childs and secure their future. Government launched SSY to provide an investment channel to save for education and marriage of girl child.
SSY not only helps to save for future of girl child but also generates high return on investments compared to other schemes and also one can take benefit under section 80C of Income tax act.
Anyone having a girl child below age 10 can open an SSY account with post office or any bank.
You need to deposit money in SSY account for 14 years and maturity period is for 21 years.
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