Sukanya Samriddhi Account Calculator has become the much needed instrument for now as everyone wants to know how much they will get if they invest some amount in SSA.
I think more than 50% of the questions asked by people in every website regarding Sukanya Samriddhi Yojana Account is about the maturity amount after 21 years or 18 years.
Couple of Sukanya Samriddhi Account returns calculator are already shared over internet and here I am not going to share a new one. All of them are prepared with the similar structure. Rather, I will show how you can calculate the interest and maturity amount with this.
Sukanya Samriddhi Yojana Calculator
To calculate with Sukanya Samriddhi Yojana Interest Calculator you can follow the simple steps below.
Put monthly investment amount = Rs 1000 and click enter. You can see that the maturity value will come as 565,640. Interest rate is fixed as 8.6% (assumption)
With the initial rates (9.1%), the maturity value will come as 607,128 (assumption) when you calculate the value with Sukanya Samriddhi Account calculator in excel.
You can simply download this Sukanya Samriddhi Yojana Calculator and provide how much monthly amount you want to put in your new SSA Account.
Immediately it will return you the maturity value after 21 years. Remember that these are all arbitrary values as interest rate is set 8.6% only.
It will change every year as per current information. So this SSY Calculator will just to give you an idea about how much return on investment one can get.
Read: Interest Calculation of Sukanya Samriddhi Account (14 years to 21 years)
Sukanya Samriddhi Account Calculator in Excel – Free Download
You can Click Here to download the Sukanya Samriddhi Yojana Calculator prepared by moneyexcel.com.
So how much amount you are planning to deposit after opening a Sukanya Samriddhi Scheme for your girl child? Do you prefer to invest monthly or yearly? If you can invest monthly then you have to visit the post office or bank every month as online facility is not available at this moment.
Read: Sukanya Samriddhi Account Interest Rate 2016-17
You can use Sukanya Samriddhi Account calculator in excel to calculate interest on maturity. Keep a track on this website for further updates regarding this awesome Govt. scheme for the girl child.