Sukanya Samriddhi Yojana Calculator-UCO Bank

The Sukanya Samriddhi Yojana (SSY), backed by the Indian government, is a savings scheme designed to secure a girl child’s future by planning for education and marriage. The Sukanya Samriddhi Yojana Calculator-UCO Bank simplifies investment planning by estimating potential returns based on user inputs. With this tool, parents can effectively strategize their contributions to meet long-term financial goals.

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What is Sukanya Samriddhi Yojana Calculator-UCO Bank?

The UCO Bank Sukanya Samriddhi Yojana Calculator is an online tool that enables users to calculate the maturity value of their SSY investments. By entering key inputs such as the annual deposit amount and the girl’s age, users can gain insights into the total investment, interest earned, and maturity amount. This calculator provides a streamlined and efficient way to plan for the future.

Sukanya Samriddhi Yojana Calculator
Latest SSY interest rates: 8.20%
You can invest a maximum amount up to ₹1,50,000
Yearly
  • ₹250
  • ₹1,50,000
Govt. allows maximum age of enrollment to 10 years
Years
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Investment term is 21 years
Year
Total investment
₹1.5 Lakh
Total interest
₹3.3 Lakh
Maturity year
2047
Maturity value
₹4.8 Lakh
Explore Tax Saving Funds
*for market linked plans only

How to Use Sukanya Samriddhi Yojana Calculator-UCO Bank From Policybazaar?

To use the UCO Bank SSY Calculator via Policybazaar, follow these steps:

  • On the Current Page: Navigate to the UCO Bank SSY Calculator given on the page above.

  • Enter Your Details:

    • Input your annual deposit amount.

    • Specify your daughter’s current age.

    • Select the year you wish to start the investment.

  • Interest Rate: The 2026 interest rate of 8.2% is pre-filled for accurate calculations.

  • Result: The calculator tool provided will show the following results: 

    • The total maturity amount.

    • Total investment.

    • Interest earned.

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Illustration of Sukanya Samriddhi Yojana Calculator-UCO Bank

Here’s an example to illustrate:

  • Yearly Deposit: ₹1,20,000

  • Girl’s Age: 6 years

  • Starting Year: 2026

  • Interest Rate: 8.2%

The calculator generates the following results:

  • Total Investment: ₹18,00,000

  • Total Interest Earned: ₹38,11,622

  • Maturity Year: 2045

  • Maturity Value: ₹56,11,622

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Overview of Sukanya Samriddhi Yojana

The Sukanya Samriddhi Yojana is part of the Beti Bachao Beti Padhao campaign, designed to promote savings for a girl child.

  • Eligibility: Girl children below 10 years of age.

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

  • Minimum Deposit: ₹250 annually.

  • Maximum Deposit: ₹1.5 lakh annually.

  • Interest Rate: 8.2% in 2026 (subject to change).

Who Can Use the SSY Calculator Sukanya Samriddhi Yojana Calculator-UCO Bank in 2026?

The SSY Calculator is suitable for:

  • Parents/Guardians: Planning their daughter’s future expenses.

  • Financial Advisors: Offering investment solutions to clients.

  • General Users: Evaluating SSY’s returns for better decision-making.

How Can SSY Calculator-UCO Bank Help You?

The UCO Bank SSY Calculator provides:

  • Financial Clarity: Understand periodic savings requirements.

  • Goal Planning: Set achievable milestones for your daughter’s future.

  • Flexibility: Compare multiple saving scenarios effortlessly.

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

Here are the advantages:

  • Ease of Use: Simple and intuitive interface for quick calculations.

  • Real-Time Outputs: Instant results based on the latest interest rates.

  • Customisation: Personalize inputs for tailored results.

  • Accuracy: Reliable estimates for better planning.

  • Convenience: Accessible online at any time.

Conclusion

The Sukanya Samriddhi Yojana Calculator-UCO Bank is a valuable tool for parents aiming to secure their daughter’s future. By leveraging this calculator, you can accurately plan investments, ensuring you meet your financial objectives effectively. Use this tool to stay on track and provide your child with a bright future.

FAQs

  • What is the maximum deposit allowed under Sukanya Samriddhi Yojana?

    You can deposit up to ₹1.5 lakh annually under the scheme.
  • Can I withdraw funds before maturity?

    Partial withdrawals are allowed after the girl turns 18, provided they are used for education or marriage.
  • Is the interest earned on SSY taxable?

    No, the interest earned is completely tax-free under Section 10(11A) of the Income Tax Act.
  • Can I use the UCO Bank SSY Calculator offline?

    No, the calculator is an online tool accessible through the Policybazaar website.

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.

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