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Sukanya Samriddhi Yojana: How much return will you get on investment of Rs 1000, 2000, 3000 or 5000 per month?

October 29, 2023
in Business
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Sukanya Samriddhi Yojana: How much return will you get on investment of Rs 1000, 2000, 3000 or 5000 per month?

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Sukanya Samriddhi Yojana Calculator: Any Indian can begin investing in Sukanya Samriddhi Yojana for his or her daughter under 10 years of age. At the moment, the scheme is providing 7.6 per cent curiosity. There may be an exemption to take a position a minimal of Rs 250 and a most of Rs 1.50 lakh yearly.

Contribution will be made within the scheme for the daughter for 15 years.

The scheme matures in 21 years.

The sooner you begin investing on your daughter, the earlier it is possible for you to to make use of the maturity quantity for her. 

In case you begin proper out of your daughter’s beginning, you’re going to get extra profit

In case you begin investing in Sukanya Samriddhi Yojana quickly after the beginning of your daughter, by the point your daughter turns 21, a very good quantity will likely be prepared for her.

Now allow us to inform you how a lot returns will you get of investments of Rs 1000, 2000, 3000 or 5000, respectively, until the maturity of the scheme. 

How a lot will you get should you make investments Rs 1000?

In case you make investments Rs 1000 month-to-month on this scheme, then Rs 12 thousand will likely be deposited yearly.

In response to SSY calculator, the whole funding in 15 years will likely be Rs 1,80,000 and Rs 3,29,212 will likely be obtained solely from curiosity.

On this method, a complete of Rs 5,09,212 will likely be obtained on maturity. 

How a lot will you get should you make investments Rs 2000?

In case you make investments Rs 2,000 per thirty days, you’ll deposit Rs 24,000 yearly.

The overall funding will likely be Rs 3,60,000 and the curiosity earnings will likely be Rs 6,58,425.

The overall quantity on maturity will likely be Rs 10,18,425. 

How a lot will you get should you make investments Rs 3000?

If we take a look at the calculation primarily based on Rs 3000 per thirty days, Rs 36,000 will likely be deposited yearly.

The overall funding will likely be Rs 5,40,000.

Incomes from curiosity will likely be Rs 9,87,637.

A complete of Rs 15,27,637 will likely be obtained on maturity. 

How a lot will you get should you make investments Rs 4000?

By investing Rs 4000 in Sukanya Samriddhi Yojana (SSY), Rs 48,000 will likely be deposited yearly.

There will likely be a complete funding of Rs 7,20,000 in 15 years.

Incomes from curiosity will likely be Rs 13,16,850.

On maturity, a complete fund of Rs 20,36,850 will likely be prepared for the daughter. 

How a lot will you get should you make investments Rs 5000?

In case you make investments Rs 5,000 month-to-month, you’ll make investments Rs 60,000 yearly.

On this method, there will likely be a complete funding of Rs 9,00,000 in 15 years.

Rs 16,46,062 will likely be earned from curiosity.

On maturity, a fund of Rs 25,46,062 will likely be prepared.

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