Sukanya Samriddhi Excel Calculator

  • Version 2
  • Download 281
  • File Size 32.72 KB
  • File Count 1
  • Last Updated March 17, 2024
  • You can download Sukanya Samriddhi Yojana Calculator in Excel to compute the interest earned, maturity amount, and rate of return on investment for fixed yearly and fixed monthly investment modes.

    Plan your Sukanya Samriddhi Yojana (SSY) investment with our excel base calculator!

    • Estimate your maturity amount: Enter your planned annual or monthly deposit and your child's age to see how much the SSY account could be worth at maturity.
    • Compare investment strategies: See the difference in maturity amounts between annual and monthly contributions. This helps you understand the potential benefit of more frequent deposits.
    • Maximize your returns: The calculator considers early monthly contributions (before the 5th of each month) to show a more accurate picture of potential returns.

    This calculator provides a convenient way to plan your SSY contributions and estimate the future value of your investment for your daughter's benefit.

    This comparison sheet shows the difference in maturity amounts between a person who invests monthly and another who invests yearly. It helps determine who receives additional interest and the exact amount.

    Rajendra Todkar is an experienced finance, investment, and insurance writer with a passion for educating readers about personal finance and helping them make informed decisions. With over 15 years of dedicated experience in the field, Rajendra Todkar has established a strong reputation for providing valuable insights and practical advice.
    Leave a comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *