Sukanya Samriddhi Yojana (SSY) – Obtain Excel Calculator 2025. You may simply establish the accrued curiosity of Sukanya Samriddhi Yojana month or year-wise.
I don’t need to dwell on the options of the Sukanya Samriddhi Yojana Account (SSY). In case you are , then you may seek advice from my earlier posts on this. I’ve listed right here to your reference.
Sukanya Samriddhi Yojana (SSY) – Obtain Excel Calculator 2025
I’ve created a Sukanya Samriddhi Yojana (SSY) – Obtain Excel Calculator 2025 the place you may enter your individual month-to-month or yearly contributions, change the choice of whether or not you deposited earlier than the fifth or after the fifth (Sukanya Samriddhi Account -When to take a position to earn extra returns?), mechanically test whether or not you’re eligible for 50% withdrawal of the steadiness or not, and in addition change the curiosity for every month (as SSY curiosity adjustments as soon as in 1 / 4 and the most recent one is “Submit Workplace Small Financial savings Scheme Curiosity Price Oct – Dec 2024“).
Let me share with you sure options of this Sukanya Samriddhi Yojana (SSY) calculator. There are two sheets right here. Let me share the options of the “Calculator” sheet first.
Discover that it’s a must to enter within the fields that are marked with inexperienced shade just like the age of the kid, the quantity you deposited (month-to-month or yearly as soon as) relevant price of curiosity per thirty days (because it adjustments on a quarterly foundation).
Additionally, on this calculator, you may mechanically establish when you find yourself eligible for withdrawal and what’s the withdrawal quantity (for this coming into the age of your little one is necessary).
This calculation is on the market for annually for the subsequent 15 years (as one can contribute to fifteen years from the date of account opening). After 15 years to 21 years as you may’t contribute, you no must enter the contributions. As an alternative, simply enter the relevant rates of interest. The calculator from the sixteenth yr seems like under.
Let me now share with you the “Output” sheet characteristic. You do not want to enter something right here. However this sheet will provide you with the whole image of your funding in SSY (each in tabular means and in addition in chart type) like under.
Additionally, by default, you may see the graph of your invested quantity, accrued yearly curiosity, and the entire worth at maturity as under.
Click on on this hyperlink to make use of this calculator and let me know your suggestions.