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Sukanya Samriddhi Yojna 2021 interest rate calculator and return save rs 100 daily and get more than 15 lakh

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SSY 2021: The annual interest rate on Sukanya Samriddhi Yojana for the month of July-September is 7.6 percent. In such a situation, by saving Rs 100 every day, an amount of more than Rs 15 lakh can be made on maturity.




The central government has not made any change in the interest rates of small savings schemes for the July-September quarter. Along with this, now the interest on Sukanya Samriddhi Yojana is also getting the same interest as the previous quarter. Sukanya Samriddhi Yojana is one of the savings schemes of the central government, in which tax free investment can be made for daughters till a certain age. Exemption is available under section 80C of the Income Tax Act. This tax exemption is available on investments up to a maximum of Rs 1.5 lakh in a year.

SSY was launched by the Central Government in the year 2015 to create a capital for the education, marriage and other expenses of daughters. Compared to other schemes, it also offers better interest rates. For the July-September quarter, the scheme is earning an interest rate of 7.6 per cent per annum. The interest earned on this is also compounded annually.

Interest at the rate of 7.6 per cent if you start investing before September 30

If invested in this scheme in the right way, then big capital can be made for the daughter. Today we are telling you that if you invest in this scheme before 30th September, then how will you make a huge capital of Rs 15 lakh on maturity. Keep in mind that the maturity amount is paid only to the person in whose name the investment has been made in this scheme.

Make Rs 15 lakh by saving Rs 100 everyday

If a person invests Rs 3,000 every month in this scheme, then the total amount invested by him in a year will be Rs 36,000. After investing for 14 years, he will get Rs 9,87,637 in terms of interest at the rate of 7.6 per cent per annum. Under the rule of this scheme, the maturity of Sukanya Samriddhi Account is completed only when the daughter attains the age of 21 years. In such a situation, you can get Rs 15,27,637 after the daughter’s age is 21 years old.

What is the investment limit in this scheme?

For Sukanya Samriddhi Yojana, you can open an account in any bank or post office. In this scheme, you can invest a minimum of Rs 250 and a maximum of Rs 1.5 lakh during a year. The account may also get closed if the minimum amount is not invested every year.

Who can open Sukanya Samriddhi Yojana Account?

  • Any citizen of India can open Sukanya Samriddhi Yojana account for his daughter.
  • This account can be opened for a daughter below the age of 10 years.
  • After the age of 18, the daughter can independently manage this account on her own.
  • Investments can be made in this account for a period of 15 years.
  • Sukanya Samriddhi Yojana account can be opened for maximum two daughters only.

How to open account under Sukanya Samriddhi Yojana?

Parents or legal guardian can open Sukanya Samriddhi Yojana account for daughters in any post office or authorized banks. For this, you will have to fill a form and complete the KYC details. A copy of the birth certificate of the daughter has to be submitted along with the form. After verifying all the details, a passbook will be sent to the account holder. Non-resident Indians cannot take advantage of this scheme.

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