Sukanya Samriddhi Yojana Calculator: If you are thinking of investing in a post office scheme that gives you a good return, then the post office gives you many options for this. Any Indian can start investing in Sukanya Samriddhi Yojana for his daughter under the age of 10 years. Currently, this scheme is giving an interest of 8.2 percent. If you invest 500 rupees every month in it, then you can get a return of 2 lakhs. Let us tell you its calculation.
Invest Rs 500 every month in this post office scheme
If you invest Rs 500 every month in Sukanya Samriddhi Yojana, you will get 8.2 percent interest on it. In one year, your investment will become Rs 6000 and by the year 2045, your investment will become Rs 90,000. If your daughter is 5 years old and you make this investment for her, then you will get an interest of Rs 1 lakh 87 thousand on 90,000. In the year 2045, you will get Rs 2,77, 103 with total interest.
This is how you will get 50 lakh rupees
If the year of opening an account in Sukanya Samriddhi Yojana is 2024, then you will get an interest rate of 8.2 percent per annum. In this, an annual investment of Rs 1,10,000 will have to be made. After this, your total investment in 15 years will be Rs 16,50,000. On maturity of 21 years, you will get a total amount of Rs 50,80,224. When the account matures, it will be the year 2045.
You can invest with a minimum of Rs 250
Sukanya Samriddhi Yojana was started on 22 January 2022 in the first term of the Modi government. This scheme was started under the Beti Padhao, Beti Bachao campaign, which aims to provide a better future to daughters. In this scheme, you can invest a minimum of Rs 250 and a maximum of Rs 1.50 lakh annually. Contribution can be made for a daughter in the scheme for 15 years. This means that this scheme matures in 21 years. The younger your daughter is when you start investing, the sooner you will be able to use the maturity amount for your daughter.
Sukanya Samriddhi Yojana is a tax free scheme. It is tax exempted at three different levels i.e. EEE, and firstly, under Section 80C of the Income Tax Act, there is an exemption on investment up to Rs 1.50 lakh annually. Secondly, there is no tax on the returns received from it. Thirdly, the amount received on maturity is tax free.
