SUKANYA SAMRIDHI YOJANA CALCULATOR

A savings scheme for girls’ education and marriage organized by Indian government with guaranteed 8.2% returns per annum.

Who Should Use It?

• Parents with daughters aged 0-10 years
• Want to plan for daughter’s future
• Looking for tax-free high returns
• Seeking government-backed investment

HOW TO USE – Step by Step:

Step 1: Enter Daughter’s Current Age

• Field Name: “Daughter’s Current Age (Years)”
• Input Range: 0 to 10 years
• Example: If your daughter is 5 years old, enter 5
• Note: Only daughters below 10 years can open new account

Step 2: Enter Annual Investment Amount

• Field Name: “Annual Investment Amount (₹)”
• Input Range: Minimum ₹250 to Maximum ₹1.5 Lakh per year
• Example: You want to invest ₹50,000 every year, enter 50000
• Tips:
  • You can invest in lump sum or installments
  • Investment can be varied year to year
  • For calculation, use a fixed annual amount

Step 3: Select Investment Period

• Field Name: “Investment Period”
• Options:
  • ✅ 14 Years (Fixed Period) – You invest for 14 years, interest continues till maturity at 21 years
  • ✅ 21 Years (Full Maturity) – You invest for 21 years straight till maturity
• Example: Most parents choose 14 years (invest till daughter is 19)

Step 4: Click “Calculate” Button

• Press the blue “CALCULATE” button
• Results appear instantly below

RESULTS:

Result 1: Total Amount Invested

• Shows total money you invested over the selected period
• Formula: Annual Investment × Years
• Example: ₹50,000 × 14 = ₹7,00,000

Result 2: Interest Earned @ 8.2% p.a.

• Government guaranteed interest at 8.2% per year (compounded)
• Shows pure profit/interest earned
• Example: ₹50,000 invested can earn ₹5,00,000+ in interest

Result 3: Maturity Amount

• MOST IMPORTANT – Total money you’ll get at maturity
• Includes your invested amount + all interest earned
• Example: ₹12,00,000 total (principal + interest)

KEY FEATURES TO REMEMBER:

✅ Tax-Free Returns – No income tax on returns
✅ Government Guarantee – 100% safe
✅ Flexible Withdrawals – Can withdraw 50% after 18 years
✅ High Returns – 8.2% is highest among savings schemes
✅ Compounded Interest – Interest increases yearly

PRACTICAL EXAMPLES:

Example 1: Conservative Investor

• Daughter’s Age: 0 years
• Annual Investment: ₹10,000
• Period: 14 years
• Result:
  • Invested: ₹1,40,000
  • Interest: ₹1,05,000+
  • Maturity: ₹2,45,000+ by age 21

Example 2: Aggressive Investor

• Daughter’s Age: 5 years
• Annual Investment: ₹1,50,000 (Max)
• Period: 14 years
• Result:
  • Invested: ₹21,00,000
  • Interest: ₹15,75,000+
  • Maturity: ₹36,75,000+ by age 19

IMPORTANT NOTES:

❌ Cannot use if: Daughter is older than 10 years
❌ Withdrawal Rules: Can withdraw only 50% after age 18
❌ Early Closure: Not allowed before 21 years (except emergency)
✅ Documentation Needed: Daughter’s birth certificate, parent’s ID, address proof
✅ Where to Open: Any Post Office or Ban

HOW TO RESET:

• Click “RESET” button to clear all fields
• Automatically resets to: Age=5, Amount=₹50,000, Period=14 years