Sukanya Samriddhi Yojana (SSY) Calculator: The central government is running many types of savings schemes and investment schemes for different sections of the country. Sukanya Samriddhi Yojana is also one of these investment schemes, in which accounts of daughters can be opened.
Under this scheme, accounts can be opened only for those daughters whose age is less than 10 years. Daughters are getting a tremendous interest of 8.2 percent on this government scheme. Here we will know some important things related to this scheme. Along with this, we will also know that if you deposit Rs 1 lakh every year in Sukanya Samriddhi Yojana, then how much money will you get on maturity?
A maximum of Rs 1.5 lakh can be deposited in a year
Under Sukanya Samriddhi Yojana, accounts can be opened for a maximum of 2 girls in a family. However, in families where there are twin daughters, more than 2 accounts can be opened. In this scheme, you can deposit a minimum of Rs 250 to a maximum of Rs 1.5 lakh annually. Sukanya Samriddhi Yojana account can be opened in any bank. Apart from banks, accounts can also be opened in post offices under the SSY scheme.
The scheme matures after 21 years from the date of opening the account
Under Sukanya Samriddhi Yojana, you have to invest for 15 years. The account opened in the name of the daughter matures after 21 years. However, when your daughter turns 18 years old and you have to get her married, then in such a situation also you can close the account. Apart from this, the account can also be closed after 5 years in some different circumstances. Keep in mind that the account can be closed only after 5 years from the date of opening the account.
If you deposit 1.5 lakhs every year then how much money will you get on maturity
If you deposit Rs 1 lakh every year in this government scheme, then after 21 years, at the time of maturity, a total of Rs 46,18,385 will come in your daughter’s account. This includes Rs 15,00,000 of your investment and Rs 31,18,385 of interest. Let us tell you that this is a government scheme, so there is no risk of any kind in it. In this scheme, you get fixed and guaranteed returns.
