Sukanya Samriddhi Yojana: Any Indian citizen can start putting money into the Sukanya Samriddhi Yojana for their daughter who is younger than 10 years old. At the moment, the plan is giving 7.6% interest. You can put between Rs. 250 and Rs. 1.50 lakh per year without paying taxes on those amounts.
For 15 years, people can put money into the plan for their daughter.
The plan ends after 21 years.
You will be able to use the maturity amount for your daughter sooner if you start saving for her early.
You will get more out of it if you start with her birth.
Once your girl is born, you can start putting money into the Sukanya Samriddhi Yojana. By the time she turns 21, she will have a good amount saved up.
Now, let us tell you how much you will get back if you put Rs. 1000, Rs. 2000, Rs. 3000, or Rs. 5000 until the scheme ends.
Sukanya Samriddhi Yojana: How much ROI will you get?
What will you get if you put Rs 1000 into it?
If you put Rs. 1000 into this plan every month, Rs. 12000 will be put in every year.
The SSY calculator says that after 15 years, the total amount will be Rs 1,80,000, and the only money that will come in is interest of Rs 3,29,212.
It will be possible to get a total of Rs 5,09,212 when the loan matures.
How to Activate Twitch TV on PlayStation/Android/Xbox?
What will you get if you put Rs 2000 into it?
Putting away Rs 2,000 every month will add up to Rs 24,000 a year.
It will cost Rs 3,60,000 to spend, and it will earn Rs 6,58,425 in interest.
The total amount due at the end of the term will be Rs 10,18,425.
How much will you get back if you put Rs 3000 into it?
If the estimate is based on Rs 3000 per month, Rs 36,000 will be put in every year.
It will cost a total of Rs 5,40,000.
Rs 9,87,637 will be made from interest.
On maturity, a sum of Rs 15,27,637 will be given to the person.
How much will you get back if you put Rs 4000 into it?
If you put Rs 4000 into the Sukanya Samriddhi Yojana (SSY), you will get Rs 48,000 back every year.
Over 15 years, a total of Rs 7,20,000 will be spent.
Rs 13,16,850 will be made from interest.
The daughter will have a sum of Rs 20,36,850 when the loan is paid off.
What will you get if you put Rs. 5,000 into it?
Putting away Rs. 5,000 every month will earn you Rs. 60,000 a year.
In 15 years, a total of Rs 9,000,000 will have been spent in this way.
There will be Rs 16,46,062 in interest on the loan.
When the term ends, a fund of Rs 25,46,062 will be ready.
