Sukanya Samriddhi Yojana Calculator - Bank of Baroda

What is Sukanya Samriddhi Yojana Calculator – Bank of Baroda?

The Sukanya Samriddhi Yojana (SSY) Calculator for the Bank of Baroda (BOB) is a digital tool that enables parents to estimate the maturity amount of their SSY savings. This calculator simplifies investment planning by offering clarity on how much to save annually or monthly to secure their daughter's future.

How to Use Sukanya Samriddhi Yojana Calculator – Bank of Baroda from Policybazaar?

Using the BOB SSY Calculator via Policybazaar is easy:

• Find the calculator: Access the Bank of Baroda  SSY Calculator on the current page.

• Enter Key Details:

  • Input your annual deposit amount.

  • Specify your daughter’s current age.

  • Choose the starting year of investment.

• Pre-Set Interest Rate: The 2025 interest rate (e.g., 8.2%) is pre-filled.

• View Results: The calculator will provide the maturity amount, total investment, and total interest earned.

Investment

Secure

Secure your child’s future with or without you

Start Investing

₹10,000/Month

& Get

₹1 Crore^*

VIEW PLANS

*Standard T & C Apply

Illustration of Sukanya Samriddhi Yojana Calculator – Bank of Baroda

Here’s an example:

• Yearly Deposit: ₹1,50,000

• Girl’s Age: 6 years

• Starting Year: 2025

• Interest Rate: 8.2%

Results:

• Total Investment: ₹22,50,000

• Total Interest Earned: ₹47,12,345

• Maturity Year: 2045

• Maturity Value: ₹69,62,345

Overview of Sukanya Samriddhi Yojana

The Sukanya Samriddhi Yojana is a savings scheme under the Beti Bachao Beti Padhao initiative.

• Eligibility: For a girl child under 10 years.

• Tenure: 21 years or until the girl’s marriage (after 18 years).

• Minimum Deposit: ₹250 per year.

• Maximum Deposit: ₹1.5 lakh per year.

• Interest Rate (2025): 8.2% per annum (subject to periodic changes).

Who Can Use the SSY Calculator – Bank of Baroda in 2025?

The BOB SSY Calculator is suitable for:

• Parents/Guardians: Planning for a girl child’s education or marriage.

• Financial Advisors: Supporting clients with SSY investments.

• General Users: Exploring potential SSY returns.

How Can SSY Calculator – Bank of Baroda Help You?

The calculator offers:

• Financial Planning: Helps determine how much to save periodically.

• Goal Achievement: Assists in setting realistic financial objectives.

• Flexibility: Compare various savings strategies for better decisions.

How Does Sukanya Indian Overseas Bank Samriddhi Yojana Calculator Work?

What are the Benefits of Using a BOB SSY Calculator by Policybazaar?

Below are the benefits of using a BOB SSY calculator: 

• User-Friendly Interface: Simplified design for ease of use.

• Accurate Projections: Provides reliable estimates for maturity amounts.

• Customisation: Adjust variables to match individual goals.

• Convenience: Available online, 24/7.

• Instant Results: Delivers immediate calculations based on input.

Conclusion

The Sukanya Samriddhi Yojana Calculator – Bank of Baroda is an effective tool for parents to plan their investments for their daughter’s future. With features like real-time results and customisable inputs, it ensures accurate financial planning. Use it to make informed decisions and secure your child’s dreams effortlessly.