Sukanya Samriddhi Scheme Calculator 2022-23: Sukanya Samriddhi Yojana is a scheme of the Government of India. Which was launched for girls as part of the ‘Beti Bachao Beti Padhao’ campaign. This scheme is a small deposit scheme and offers huge tax benefits hence this scheme has become popular among Indian citizens. A 1.5 lakh tax benefit is applicable to Sukanya Samriddhi Yojana. Friends, today through this article we will get information about Sukanya Samriddhi Scheme Calculator.
Sukanya Samriddhi Scheme Calculator 2022-23
The government of India launched Sukanya Samriddhi Yojana to improve the welfare of girls. It is a small savings scheme that was established in 2015 under the Beti Bachao Beti Padhao campaign. In addition to covering a number of girls’ expenses, the scheme also guarantees a high compensation amount as well as tax exemption on accrued interest and due amount. And that is where the Sukanya Samriddhi Yojana Calculator comes in handy.
Eligibility of Sukanya Samriddhi Yojana
Once the investor determines all the eligibility for Sukanya Samriddhi Yojana. In the SSY (Sukanya Samriddhi Yojana) calculator, the age of the girl and the investment amount must be mentioned. An amount ranging from Rs.250 to Rs.1.5 million can be invested in this scheme. Before July 2018, the minimum [મિનિમમ ]contribution was Rs. 1000, but now the Government of India has reduced the minimum allowance to Rs. 250 is retained.
Benefits of Sukanya Samriddhi Yojana Calculator
A few benefits of the SSY (Sukanya Samriddhi Yojana Calculator) interest calculator are as follows:
- It helps in determining the exact value વેલ્યુ that will be realized after maturity.
- If you keep records in Excel format, you can easily plan your investments. And know what impact it will have on the maturity value.
- The calculator can be set to display the maturity value based on a monthly or annual investment.
- If all the details are correct, the Sukanya Samriddhi Interest [ઇન્ટરેસ્ટ] Calculator can show the exact maturity value.
- If the Sukanya Samriddhi Yojana is calculated manually, there is minimal chance of errors in calculating the maturity value
You can change the investment amount at any time and get an accurate idea of the maturity value with new investment plans.
- Limitations of Sukanya Samriddhi Account Calculator
Although the Sukanya Samriddhi Account એકાઉન્ટ Calculator has many advantages and disadvantages, it also has some limitations. These are the following:
If the calculator is not configured or configured correctly, it may provide incorrect values.
The calculator does not limit the investment amount. As per government guidelines, the limit is 1.5 lakh. But even if you add more value than the limit, the maturity level will be calculated.
The interest rate needs to be changed every time. Because it is configured manually.
Amount due in SSY
The SSY (Sukanya Samriddhi Yojana Calculator) calculator will determine the amount the girl will receive at the time of maturity based on the given data. It is important to note here that the maturity of the scheme (Sukanya Samriddhi Yojana) is 21 years. However, it was made mandatory to invest in this system at least once a year for 14 years.
Only one deposit is assumed to be made each year. There is no need to add any deposit to the scheme from age 15 to age 21. However, interest is paid to the person during this [પિરિયડ] period. The calculator also takes this into account when calculating the final amount received after the due date.
Sukanya Samriddhi Scheme Calculator
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