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Sukanya Samriddhi Yojana Calculator

SSY Calculator

Rate of Interest: 8.2%

Maturity Value

${formatNumberWithCommas(maturityValue)}

Yearly Breakdown

${breakdown.map(row => ` `).join('')}
YearInvestment (₹)Interest Earned (₹)Closing Balance (₹)
${row.year}₹${formatNumberWithCommas(row.investment)}₹${formatNumberWithCommas(row.interest)}₹${formatNumberWithCommas(row.closingBalance)}
`; // Show the share section document.getElementById('share-section').style.display = 'block'; } // Function to generate a shareable link function generateShareLink() { const girlAge = document.getElementById('girl-age').value; const startYear = document.getElementById('start-year').value; const investmentFrequency = document.getElementById('investment-frequency').value; const investmentType = document.getElementById('investment-type').value; const fixedInvestment = document.getElementById('investment-amount').value; const variableInvestments = []; if (investmentType === 'variable') { for (let year = 1; year <= 21; year++) { const amount = document.getElementById(`investment-year-${year}`).value; variableInvestments.push(amount); } } const shareData = { age: girlAge, year: startYear, freq: investmentFrequency === 'yearly' ? 'y' : 'm', type: investmentType === 'fixed' ? 'f' : 'v', amount: investmentType === 'fixed' ? fixedInvestment : variableInvestments.join(',') }; const baseUrl = window.location.href.split('?')[0]; const shareLink = `${baseUrl}?${new URLSearchParams(shareData).toString()}`; document.getElementById('share-link').innerText = shareLink; document.getElementById('share-options').style.display = 'flex'; } // Function to copy the share link to clipboard function copyShareLink() { const shareLink = document.getElementById('share-link').innerText; navigator.clipboard.writeText(shareLink).then(() => { alert("Link copied to clipboard!"); }); } // Function to share on WhatsApp function shareOnWhatsApp() { const shareLink = document.getElementById('share-link').innerText; const message = `Hey! 👋 Your friend has shared their Sukanya Samriddhi Yojana Plan. Take a look! 💰\n${shareLink}`; const url = `https://wa.me/?text=${encodeURIComponent(message)}`; window.open(url, '_blank'); } // Function to share on Telegram function shareOnTelegram() { const shareLink = document.getElementById('share-link').innerText; const message = `Hey! 👋 Your friend has shared their Sukanya Samriddhi Yojana Plan. Take a look! 💰\n${shareLink}`; const url = `https://t.me/share/url?url=${encodeURIComponent(shareLink)}&text=${encodeURIComponent(message)}`; window.open(url, '_blank'); } // Function to load shared data function loadSharedData() { const urlParams = new URLSearchParams(window.location.search); const girlAge = urlParams.get('age'); const startYear = urlParams.get('year'); const investmentFrequency = urlParams.get('freq'); const investmentType = urlParams.get('type'); const amounts = urlParams.get('amount'); if (girlAge && startYear && investmentFrequency && investmentType && amounts) { document.getElementById('girl-age').value = girlAge; document.getElementById('start-year').value = startYear; document.getElementById('investment-frequency').value = investmentFrequency === 'y' ? 'yearly' : 'monthly'; document.getElementById('investment-type').value = investmentType === 'f' ? 'fixed' : 'variable'; if (investmentType === 'f') { document.getElementById('investment-amount').value = amounts; } else { const variableAmounts = amounts.split(','); for (let year = 1; year <= 21; year++) { document.getElementById(`investment-year-${year}`).value = variableAmounts[year - 1]; } } calculateSSY(); } } // Load shared data when the page loads loadSharedData(); // Initialize inputs for the default time period (21 years) toggleInvestmentInputs();

Sukanya Samriddhi Yojana Calculator – Plan Your Daughter’s Future with Ease

The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed to secure the future of girl children in India. With attractive interest rates and tax benefits, it’s a popular choice for parents. However, calculating the maturity value and interest can be complex. That’s where our Sukanya Samriddhi Yojana Calculator comes in! Whether you’re investing a fixed amount or variable amounts, our SSY calculator helps you plan your investments with precision.

Why Use Our Sukanya Samriddhi Yojana Calculator?

Our SSY Calculator is designed to make financial planning simple and accurate. Here’s why you should use it:

  • Supports Fixed and Variable Investments: Calculate returns for both fixed and variable investment amounts.
  • Monthly and Yearly Investments: Choose between monthly or yearly investment frequencies.
  • Detailed Breakdown: Get a year-by-year breakdown of your investments, interest earned, and closing balance.
  • Easy to Use: User-friendly interface with clear results.
  • Shareable Plans: Generate a shareable link to discuss your SSY plan with family or financial advisors.

How to Use the Sukanya Samriddhi Yojana Calculator

  1. Enter Girl’s Age: Input the girl’s age (between 1 and 10 years).
  2. Select Start Year: Choose the year you plan to start the SSY account.
  3. Choose Investment Frequency: Select between monthly or yearly investments.
  4. Select Investment Type: Choose fixed or variable investment amounts.
    • For fixed investments, enter the amount you plan to invest each year/month.
    • For variable investments, enter different amounts for each year.
  5. Calculate: Click the "Calculate" button to see the results.
  6. View Results: Get the total investment, total interest, maturity year, and maturity value. You’ll also see a detailed yearly breakdown.

Key Features of the SSY Calculator

  • Sukanya Samriddhi Yojana Calculator Post Office: Our calculator works seamlessly for SSY accounts opened at post offices or banks.
  • SSY Variable Calculator: Easily calculate returns for variable investment amounts.
  • Sukanya Samriddhi Yojana Calculator Monthly: Supports monthly investment calculations.
  • SSY Calculator for Fixed Investments: Perfect for those who prefer consistent yearly investments.
  • Yearly Breakdown: Understand how your investment grows each year with a detailed table.

Benefits of Sukanya Samriddhi Yojana

  • High Interest Rate: Earn an attractive interest rate of 8.2% (as of 2023).
  • Tax Benefits: Enjoy tax deductions under Section 80C of the Income Tax Act.
  • Long-Term Savings: The account matures after 21 years, ensuring long-term financial security.
  • Flexible Investments: Choose between fixed or variable investment amounts.

Frequently Asked Questions (FAQs)

What is the Sukanya Samriddhi Yojana Calculator?

The Sukanya Samriddhi Yojana Calculator is an online tool that helps you calculate the maturity value, interest earned, and yearly breakdown of your SSY investments.

Can I use the SSY Calculator for variable investments?

Yes, our SSY Variable Calculator allows you to enter different amounts for each year, making it ideal for variable investments.

Does the calculator support monthly investments?

Absolutely! Our Sukanya Samriddhi Yojana Calculator Monthly feature lets you calculate returns for monthly investments.

Is the SSY Calculator accurate?

Yes, our calculator uses the latest SSY interest rate (8.2%) and provides accurate results for both fixed and variable investments.

Can I share my SSY plan with others?

Yes, you can generate a shareable link and share your SSY plan with family or financial advisors.

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