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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Investing in your child's future:Nothing is more important than securing your child's future
Benefits of Investing In Child Plan
Waiver of Premium Benefit
Future Premiums are paid by the insurer upon death of policyholder
Flexible Payout Options
Your premiums help your child achieve their dreams through lump sum or regular payouts
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Zero Commission
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Tax Benefits^
You get tax benefits under Section 80(C) and no tax on returns under Section 10 (10D)
Investment Flexibility
It offers the flexibility to invest at regular intervals or as a one-time contribution
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Investment Will Continue With Or Without You
Invest ₹10k/month your child will get ₹1 Cr# Tax-Free*
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 Rate = 8.2%
Yearly Investment
You can invest maximum upto ₹1,50,000
₹
Girl's Age
Maximum age should be 10 years
Yrs
Start Year
Investment term is 21 years
Total Investment
Total Interest
Total Investment
Total Interest
Maturity Year
Maturity Value
Amount you will get
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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 2025 interest rate of 8.2% is pre-filled for accurate calculations.
Result: The calculator tool provided will show the following results:
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.
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.
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India 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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