How does Sukanya Samriddhi Yojana Calculator Helps in Making an Beneficial Investment

The Government of India, as a part of its commitment to empowering and uplifting the girl child, launched the Sukanya Samriddhi Yojana (SSY), a government-backed savings scheme, under the “Beti Bachao, Beti Padhao” campaign. One primary tool that has facilitated potential investors in this scheme is the Sukanya Samriddhi Yojana Calculator. This article aims to explore how the SSY calculator enables potential investors to make beneficial financial calculations and decisions.

The Sukanya Samriddhi Yojana Calculator is an online tool that provides an estimate of the maturity amount at the end of the tenure of the SSY account. It helps investors to figure out the total amount they will accumulate over a period of time, based on their yearly or monthly investments. This calculator has become an essential tool for individuals looking for a secure and hefty return on their investments for the betterment of their child’s future.

Sukanya Samriddhi Yojana Calculator

To use the calculator effectively, one needs to input some information like the age of the girl child, the amount you want to invest per annum, and the number of years you plan to invest. Once these values are inputted, the calculator will give you an estimate of the sum that will be amassed at the end of the tenure.

Let’s see this in the context of an example. Assume you open an SSY account when your girl child is 3 years old. You invest ₹1,50,000 annually (which is the maximum permissible limit) for a period of 14 years and nothing for the next 7 years. The Sukanya Samriddhi Yojana Calculator would determine the maturity sum after 21 years, considering the present annual compounded interest rate of 7.6%, approximately ₹66,84,875.

One aspect that makes the calculator even more critical is the variable nature of the interest rate scenario. The government revises the interest rates every quarter, making it complex for individual investors to calculate the returns accurately manually. The Sukanya Samriddhi Yojana Calculator factors these changes in and provides the most accurate, updated results.

Moreover, this calculator also encourages financial discipline. Once investors see the potential sum that they can amass, they tend to ensure that they make their deposits regularly and gain the maximum benefit of the scheme.

The Sukanya Samriddhi Yojana Calculator is an essential tool for investors who prioritize safe, long-term investing. It enables them to plan their finances better, ascertains their savings better, and helps them make knowledgeable decisions about their investments in SSY.

However, it is essential to note this article does not seek to propagate the Sukanya Samriddhi Yojana Calculator as the ultimate or the only tool for your investment decisions. The calculator, while providing an accurate projection, should be used as a guide rather than a directive. Before committing to any financial decision, a thorough study, consultation, and understanding of the market is necessary. It is also recommended to take the volatility of the interest rate scenario and your financial ability into account. The investor should gauge all the pros and cons of investing in the Indian financial market.


The Sukanya Samriddhi Yojana Calculator is an online tool that aids potential investors in estimating the maturity amount at the end of the SSY account’s tenure. Utilize the Fixed Deposit Calculator to project maturity sum based on specifics like girl child’s age, investment amount, and duration. Factoring in changes in interest rates, the calculator aids in accurate financial planning, promotes fiscal discipline, and facilitates informed decisions. However, it should serve as a guide and not the sole determinant for investment decisions. Investors must consider the market’s volatility, interest rate fluctuations, and their financial ability before making any investment. The onus is on investors to consider the benefits and drawbacks of trading in the Indian financial market.

Charu decided to unite her Honors Degree in New Media and lifetime of geekiness to pursue a career in tech and gaming journalism. You can usually find her writing about a variety of topics and drooling over new gadgets and games.