look news india
Sukanya Samriddhi Yojana Calculator: Any Indian can start investing in Sukanya Samriddhi Yojana for their daughter below 10 years of age. At present 7.6 percent interest is being given on this scheme. There is a minimum annual investment limit of Rs 250 and a maximum of Rs 1.50 lakh. Contribution can be made in the scheme for the daughter for 15 years. This means that this scheme matures in 21 years. The younger your daughter’s age is when you start investing, the sooner you will be able to use the maturity amount for your daughter.
If you start from the time of birth, you will get more benefits.
If you start investing in Sukanya Samriddhi Yojana right from birth, a good amount of money will be ready for your daughter by the time she turns 21. Now let us know how much profit you will get till maturity if the investment amount is Rs 1000, 2000, 3000 or 5000.
How much will you get if you invest Rs 1000?
If you invest Rs 1000 every month in this scheme, then Rs 12,000 will be deposited annually. According to the SSY calculator, the total investment in 15 years will be Rs 1,80,000 and Rs 3,29,212 will be earned only from interest. In this way, a total of Rs 5,09,212 will be received on maturity.
How much will you get if you invest Rs 2000?
If you invest Rs 2,000 every month, you will get Rs 24,000 annually. Total investment will be Rs 3,60,000 and interest income will be Rs 6,58,425. The total amount on maturity will be Rs 10,18,425.
How much will you get if you invest Rs 3000?
If we look at Rs 3000 per month, then Rs 36,000 will be deposited annually. The total investment will be Rs 5,40,000. Interest income will be Rs 9,87,637. The total amount on maturity will be Rs 15,27,637.
How much will you get if you invest Rs 4000?
By investing Rs 4000 in Sukanya Samriddhi Yojana (SSY), Rs 48,000 will be deposited annually. The total investment in 15 years will be Rs 7,20,000. Interest income will be Rs 13,16,850. On maturity, a total fund of Rs 20,36,850 will be ready for the daughter.
How much will you get if you invest Rs 5000?
If you invest Rs 5000 every month then the annual investment will be Rs 60,000. In this way, the total investment in 15 years will be Rs 9,00,000. Interest income will be Rs 16,46,062. On maturity, a huge fund of Rs 25,46,062 will be ready.
