The sukanya samriddhi yojana calculator lets you determine how much amount you will receive at the time of maturity.
Welcome to our Sukanya Samriddhi Yojana Calculator. It's also known as SSY Calculator. This free online tool helps you to compute the maturity amount and total interest earned before investment.
The current SSY rate is 8.2% per annum. In addition, the deposit period is 15 years and the maturity period is 21 years. No need to deposit any amount from year 15 to year 21. You will receive interest based on your previous contributions during this period.
A = P × (1 + |
|
) nt |
Where,
A = Compound Interest
P = Principal or Invested amount
r = Annual interest rate(%)
n = Number of times the interest compounds in a year
t = Tenure in years