Sukanya Samriddhi Yojana Calculator - State Bank of India

What is Sukanya Samriddhi Yojana Calculator - State Bank of India?

The SBI SSY Calculator is an online tool that allows you to calculate the maturity amount of your SSY investment. By inputting key details like the annual deposit, your daughter's age, and the starting year of the investment, you can get an estimate of the total amount you'll receive at maturity.

How to Use Sukanya Samriddhi Yojana Calculator - State Bank of India From Policybazaar?

• On the given: Access the SBI SSY Calculator given on the page above.

• Enter Your Data:

• Input your desired annual deposit amount.

• Specify your daughter's current age.

• Select the starting year of the investment.

• Pre-Filled Interest Rate: The current SSY interest rate will be pre-filled.

• Results: The calculator will display the following results:

• Maturity amount

• Total investment

• Earned interest

Investment

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Illustration of Sukanya Samriddhi Yojana Calculator - State Bank of India

Let's consider an example:

• Yearly Deposit: ₹1,50,000

• Girl's Age: 8 years

• Starting Year: 2025

• Interest Rate: 8.2% (current rate)

The calculator will provide the following outputs:

• Total Investment: ₹22,50,000

• Total Interest Earned: ₹46,77,578

• Maturity Year: 2045

• Maturity Value: ₹69,27,578

Overview of Sukanya Samriddhi Yojana

• Eligibility: Open to a girl child under 10 years of age.

• Tenure: 21 years or until marriage after 18 years of age.

• Minimum Deposit: ₹250 per year.

• Maximum Deposit: ₹1.5 lakh per year.

• Interest Rate: 8.2% per annum in 2025 (subject to change).

People also read: Child Education Plan

Who Can Use the SSY Calculator - State Bank of India in 2025?

This calculator is ideal for:

• Parents/Guardians: Planning their daughter’s education or marriage.

• Financial Advisors: Assisting clients with SSY investments.

• General Users: Exploring the benefits and returns of the SSY scheme.

How Can SSY Calculator - State Bank of India Help You?

The SSY calculator SBI can help you in the following way:

• Financial Clarity: Understand how much to save periodically.

• Goal Setting: Set realistic financial targets for your daughter's future.

• Scenario Analysis: Compare multiple savings plans to choose the best option.

What are the Benefits of Using an SBI SSY Calculator by Policybazaar?

Below are the benefits of Policybazaar’s State Bank of India SSY calculator:

• Ease of Use: Simple and user-friendly interface.

• Real-Time Results: Instant calculations based on provided data.

• Customization: Adjust deposit amounts and other parameters for tailored results.

• Accuracy: Reliable estimations for better financial planning.

• Convenience: Accessible online, anytime, anywhere.

Conclusion

The SBI SSY Calculator is a valuable tool for parents and investors to plan for their daughter's future. By using this calculator, you can make informed decisions and ensure a secure financial future for your child.