Yes Bank Sukanya Samriddhi Yojana Calculator

How Does The Yes Bank Sukanya Samriddhi Yojana Calculator Work?

The Yes Bank SSY Calculator works on the Compound Interest formula as mentioned below:

A = P(1 + r/n)^(nt)

The variables in the formula are defined in the table below:

How to Use The Yes Bank Sukanya Samriddhi Yojana Calculator?

Yes Bank does not provide an online calculator for the Sukanya Samriddhi Yojana. You can use Policybazaar's Sukanya Samriddhi Yojana Calculator to plan your investment efficiently.

• Step 1: Go to Policybazaar’s SSY calculator on this page.
• Step 2: Enter details such as your annual investment amount, your daughter’s age and the starting year in the calculator.
• Step 3: Based on the current SSY interest rate and your details, the SSY calculator shows the estimated maturity amount and interest earned.

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Yes Bank Sukanya Samriddhi Yojana Calculator Example

Some example SSY investment calculations generated with the help of Policybazaar’s Yes Bank Sukanya Samriddhi Yojana Calculator are shown below:

Who Can Use The Yes Bank Sukanya Samriddhi Yojana Calculator?

Anyone planning to invest in the SSY scheme and wants to explore different investment options can use the Yes Bank SSY Calculator. For example:

• Parents planning to secure their daughter’s future can use the calculator
• A financial advisor consulting their client on the SSY scheme can explore different options through the calculator.

Benefits of Policybazaar’s Yes Bank Sukanya Samriddhi Yojana Calculator

You can get the following benefits by using Policybazaar’s Yes Bank Sukanya Samriddhi Yojana Calculator:

• You can quickly see the projected value of your investment after the end of the maturity period of the scheme.
• The SSY calculator automatically applies the applicable interest rate, which reduces the chances of manual errors.
• You can compare different annual deposit amounts in the SSY scheme and analyse whether the estimated corpus supports your goals.
• The SSY calculator is free of cost and easily accessible online across various devices.

Overview of Sukanya Samriddhi Yojana

• Only girl children under 10 years of age are eligible to apply to the scheme.
• You can start investing in the scheme with an amount as low as ₹250, whereas the maximum investment allowed is ₹1.5 lakh in a financial year.
• The SSY scheme enjoys an EEE status, which makes your deposits, interest and maturity in the scheme tax-free.
• You can partially withdraw up to 50% of your investment for your daughter’s higher education.
• An SSY account can be closed prematurely in case the girl gets married upon attaining 18 years of age.
• The current interest rate for Sukanya Samriddhi Yojana is 8.2% per annum for Quarter 2, 2026-27.