may arrange for early closure. Additional documents requested by the concerned authority. Know in details about sukanya samriddhi yojana scheme, benefits, interest rate & tax benefits. Even though the duration is 21 years, one has to deposit money only for the initial 15 years in the SSY scheme. www.mpbse.nic.in 2020 10th Result @ mponline.gov.in. • For any other reasons, if SSA to be closed any time after the opening of SSA, then it will be allowed, but the Whole deposit could make interest rate applicable to post office savings bank, Sukanya Samriddhi Yojana Interest Rate 2020-21. Calculate Advance Tax payable by Individuals on various due dates. Now, let understand how to calculate Sukanya Samriddhi Yojana return when you deposit installment Annually. 500 1,50,000. Sukanya Samriddhi Yojana Interest Rates 2020. Let understand the steps on how to calculate the amount from this example. This scheme is beneficial for both the girl and her parents / guardians as it helps both. The following are the historic interest rates of this government scheme for the girl child: The Sukanya Samriddhi Yojana (SSY) Application Form for new account can be obtained by visiting a nearby post office or participating public/private sector bank. One of the reasons why this scheme has become popular is due to its tax benefit. https://bie.ap.gov.in/ Intermediate Results 2020 SMS Format. Calculate Interest payable under Section 234A, 234B and 234C. The SSY Application Form requires applicants to provide some key data regarding the girl child in whose name the investment will be made under the Beti Bachao, Beti Padhao Yojana. The Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana 2020) has an annual interest rate of 8.5 percent. www.mera.pmjay.gov.in Registration Online 2019 2020. www Mera Pmjay Gov Login in Hindi English . Calculate Tax savings for various Tax Saving investments. It provides one of the highest rates of interest – 8.6% in 2016-17. Higher Secondary Equivalency Exam Result 2020. www.kerala result.nic.in 2020 Plus Two Results School Wise. ( Current rate 8.40% w.e.f 1st Oct, 2019). Download fillable Income Tax Challan 280 in Excel / PDF. The account is opened during 1st April to 5th April. This scheme provides a better interest rate of 8.1%. Suppose your daughter is of 4 years and you began contributing 12000 rupees from 1st April 2015 and each fiscal year on the same date you will deposit Rs. Must Read: Aviva i Term Insurance Plan | Best Dental Insurance Plans in India. These benefits will be reassessed annually. https //sevasindhu.karnataka.gov.in/sevasindhu/english . However, Finance Minister Arun Jaitley announced, during the 2015 Union Budget, tax exemption on the interest from the account and on withdrawal from the fund after maturity, making the tax benefits similar to that of the Public Provident Fund. SSY account can be opened by legal guardians of the girl child provided the following conditions are given below in Eligibility Criteria & Important Document. The special thing is that even with small investment in this scheme, you can make a big amount. Calculate maturity value of amount invested in Sukanya Samridhi Yojana. Use PPF calculator for calculation of Maturity Date, Maturity Value, Interest and Return on Investment. These changes were applied retrospectively from 1 April 2015. The calculator, based on the amount entered by you, calculates the approximate value that will be received by you at maturity. The parents of this scheme have to invest only for 14 years. Malayalam Stickers for Whatsapp, Facebook Funny Comments. Sukanya Samriddhi Yojana (SSY) Calculator - Calculate SSY Online to determine the maturity amount of your SSY investment after 14 years. Under this scheme, a maximum of Rs 1.5 lakh can be deposited during the current financial year. Sukanya samriddhi yojana calculator helps to calculate the amount that you receive as per your invested amount and tenure. This SSY Calculator calculates of actual amount of yearly interest earned and closing balance on yearly basis for SSY accounts opened since launch of Sukanya Samriddhi Yojana / Scheme to till date. The scheme will mature after the completion of 21 years from the date of opening of the account. The following calculators commpiled in view of various options of investment available in the scheme which are based on the presumption that the monthly investment is made on or before 10th of every month and the calculations of Interest and maturity value after 21 years are based on current interest rates. * The effective balance for interest application is the minimum closing balance between 5th and last date of the month. Lusadia Post office Sukanya Yojana kholavi varse 1000/- hapto Che ke mara Mari wife na papa ), ID Details of Parent/Guardian (Driving License, Aadhaar, etc. Period of Investment: The length of the investment or period for the investment in months is another factor that plays a major role in the Sukanya Samriddhi Yojana calculator. An amount of about 64 lakhs can be obtained at maturity by depositing maximum in this scheme. Save my name, email, and website in this browser for the next time I comment. Click Here for Scheme features. The Sukanya Yojana calculator uses the following formula to generate results :-. Sukanya Samriddhi Yojana’s interest rate for Quarter July-September 2020 is 7.6%. Sukanya Samriddhi Yojana Interest Rate 2020-21 : Sukanya Samriddhi Scheme PPF, Monthly Premium Table and Chart - Sukanya Samriddhi Account ( Girl Child Prosperity Account) is a Government of India backed saving scheme targeted at the parents of girl children. khadya.cg.nic.in CG New Ration Card List 2020 Online Apply. Download Sukanya Calculator in excel by clicking above link, Step 3. Still, you experience difficulty do comment we will help you. If you satisfy eligibility conditions, then the calculator will ask you to provide the age of your daughter/s and amount that you want to invest in the scheme. Suppose your daughter is of 4 years and you began contributing 12000 rupees from 1st April 2015 and each fiscal year on the same date you will deposit Rs. We will provide short information about “Sukanya Samriddhi Yojana 2020” like Scheme Benefit, Eligibility Criteria, Key Features of Scheme, Application Status, Application process and more. The Sukanya Samriddhi Yojana ( सुकन्या समृद्धि योजना ) interest rate FY 2020 is 7.6%, compounded annually. • If girl child becomes non-resident or non-citizen of India, then this status shall be communicated by the girl child or guardian within 1 months. The SSY is a 21 years scheme and one has to deposit regularly into it. The scheme was launched by Prime Minister Narendra Modi on 22 January 2015 as a part of the Beti Bachao, Beti Padhao campaign. How to Use Sukanya Samriddhi Yojana Calculator. The interest rate is fixed by the government and revised quarterly. So if you are parent planning to save and invest for daughter’s future in India, then I hope you find this Sukanya Samriddhi Yojana Calculator 2020 or SSY calculator 2020 useful to calculate the maturity value of … With this fast-moving world, India is also taking all the possible steps to improve its literacy rate, education system, poverty eradication, and a lot more. In the latest Finance Bill, the scheme has been extended Triple exempt benefits i.e. Interest calculations of future periods are based on current interest rates. The parents cannot take the benefit of this scheme only for two girls. Enter the annual installment amount, which you wish to deposit per year, Step 4. Let us inform you, Sukanya Samriddhi Yojana Calculator is an online tool that will not only give you calculates the approximate value, actual interest, but also acknowledge you whether your daughter and you are eligible for this scheme or not.