Sukanya Samriddhi Yojana is a government-backed savings scheme introduced by the Government of India under the Beti Bachao Beti Padhao initiative. It is specifically designed to promote the financial security of the girl child in India. The scheme allows parents or guardians to open an account in the name of a girl child, with the objective of securing her education and marriage expenses in the future.
Total Investment
Total Interest
Maturity Year
Total Value
An SSY (Sukanya Samriddhi Yojana) calculator can help you by estimating the maturity value of your investments in the SSY scheme. It factors in:
Investment AmountHow much you plan to invest each year.
Interest Rate:The current interest rate offered by the government, which changes annually.
Investment Tenure The number of years you intend to invest until the account matures.
By entering these details, the calculator provides an estimate of the final amount at maturity, allowing you to plan your savings for your daughter’s future education or marriage. It helps in assessing how different investment amounts or interest rates can impact the final returns.
The formula for SSY Calculator:
A: The amount at maturity.
P: The initial deposit.
r: The rate of interest.
n: The number of years the interest compounds.
t: The number of years.
The user-friendly interface allows quick and hassle-free calculations.It provides reliable projections based on current interest rates and investment details. Instantly calculates the maturity amount, saving you time on manual calculations. Assists in setting realistic savings goals for your daughter's future education or marriage.Allows you to adjust inputs like deposit amount and tenure for different scenarios.The tool is completely free, offering transparency without hidden charges.