Calculate your monthly income from investments of Rs. 1000, 2000, 3000, or 5000 under the Sukanya Samriddhi Yojana (SSY)

 Calculate your monthly income from investments of Rs. 1000, 2000, 3000, or 5000 under the Sukanya Samriddhi Yojana (SSY)

Sukanya Samriddhi Yojana Calculator: Your daughter will have a sizable sum saved up by the time she reaches 21. Now tell us how much return you will get till maturity whether your investment is Rs 1000, 2000, 3000, or 5000.

Sukanya Samriddhi Yojana Calculator: Any Indian who has a daughter under the age of ten may begin investing in the Sukanya Samriddhi Yojana. The arrangement offers 7.6 percent interest at the moment. A minimum investment of Rs 250 and a maximum investment of Rs 1.50 lakh per year are exempt. For a period of fifteen years, contributions may be made to the daughter's plan. In other words, this plan develops in 21 years. You would be able to utilize the maturity amount for your daughter sooner if you start investing in her earlier.

You will profit more if you begin from birth.

When your daughter reaches 21, a sizable sum will be available for her if you begin contributing to the Sukanya Samriddhi Yojana from the day of her birth. Now tell us how much return you will get till maturity whether your investment is Rs 1000, 2000, 3000, or 5000.

What is the return on investment of Rs. 1000?

The yearly investment into this program would be Rs 12,000 if you invest Rs 1000 every month. The SSY calculator predicts that after 15 years, the entire investment would be Rs 1,80,000, with interest making up Rs 3,29,212 of that amount. This means that upon maturity, a total of Rs 5,09,212 will be collected.

What will you get for your investment of Rs 2000?

You will deposit Rs 24,000 a year if you invest Rs 2,000 a month. The entire investment amount is Rs 3,60,000, and Rs 6,58,425 would be earned in interest. At maturity, the whole amount will be Rs 10,18,425.

What is the return on your Rs. 3,000 investment?

Based on a monthly estimate of Rs 3000, the yearly deposit will be Rs 36,000. There would be a total of Rs 5,40,000 invested. The interest earned would be Rs 9,87,637. At maturity, a total of Rs 15,27,637 will be received.

What will you get for your investment of Rs. 4000?

Sukanya Samriddhi Yojana (SY) investments of Rs 4000 will result in an annual deposit of Rs 48,000. In fifteen years, a total of Rs 7,20,000 will be invested. Interest income would be Rs 13,16,850. The daughter would have access to a total sum of Rs 20,36,850 at adulthood.

What is the return on investment of Rs 5000?

You will invest Rs 60,000 a year if you put in Rs 5000 a month. This means that a total of Rs 9,00,000 would be invested during a 15-year period. Interest would be generated of Rs 16,46,062. A sizable sum of Rs 25,46,062 will be available at maturity.