Sir She is a very bright child and is studying in Navodhaya hostel now. In Sukanya Samriddhi Account you have to deposit amount up to 14 years. 2) My Daughter is 9 months old, I can open 1000rs account and will pay monthly 1000rs then how much amount she get for her 21st age. Can i change the plan amount after few years? Estee Advisors Pvt Limited (hereinafter referred to as “EAPL”) is registered with the Securities and Exchange Board of India as Stock Broker with registration number INZ000170130 and registered with BSE Star with code 24408 for mutual fund transaction facility.ECPL and EAPL are group companies and EAPL is authorized to provide its services to the Users on the Gulaq website/app under a license agreement with ECPL, Complaints & Grievances  Yojana Online at authorized bank branches or online. Rate of interest: At present (FY 2020-21) Sukanya Samriddhi Account provides interest rate of 7.6% per anumm. As interest rate is variable we can not say exact amount.However, you need to invest approximate 4000 Rs per month to get 25 lac as maturity amount. If we do a fixed deposite on behalf of my baby.. Is there any concern? It is very difficult to predict higher study expense after 10-15 years & it also depends upon which field you select for higher study,However you should plan at least 30-50 lac for her higher study.If you invest 1000 Rs/- in this scheme you will get 6 lac after 21 years. in case of Children mutual fund, while in the case of a mutual fund, there is a penalty of Rs 50 for nonpayment. As your baby is already 10 years old, you need to pay Rs. My question is every month deposit amount to be done only at the particular post office or any other post office. My 2 year old daughter was born in Oman. Thanks. Is it applicable to girl child born in India and the age is 7 years ,now residing overseas on NRI status with OCI Card? or non-taxable? Age of Girl Child. If there any quarterly interest rate for Yearly investment. Also Read – Sukanya Samriddhi Account – Review, Features & Benefits. While in the case of SSY is 10 years. If you deposit 5000 Rs/- per month in sukanya samriddhi account on age of 21 year amount available in account is 16.4 lac. SSY scheme provides a minimum investment of Rs. (2) Online payment facility limited/Not available as of today. (1) Husband and wife can contribute half of the amount in SSY and claim tax exemption benefit.Make sure that you are making payment via cheque from respective bank account. You will get tax benefit under 80C. and at the time for maturity what will be the tax that i have to pay or will be deducted. Sukanya Samriddhi yojana calculator helps you in finding the amount one will receive after a certain period of time with certain investment. Maturity amount will be 17.61 Lac if you deposit 33000 Rs/- annually in Sukanya Samriddhi Account. If I invest Rs. No grace period is applied.However, you can take chance by contacting Post office they might accept your application for Sukanya Samriddhi Scheme. Yes, Aditya You can transfer Sukanya Samriddhi Yojana account from one back to other bank or from post office to bank. This account can not be opened for girl with NRI status. Can we deposit amount Quarterly or Half-yearly or at any time through out the year? the minimum tenure is 14 years and maximum tenure is 21 years. Sukanya Samriddhi Account can be only opened for girl child aged up to 10 year. Sukanya Samriddhi Yojana (SSY) brings-in at handling a major problem with the ‘girl’ child – both education and marriage. An account can be opened under the name of girl children until the age of 10 years. Answer of your queries is given below. This is one of the most accurate calculators for calculating the maturity amount of the Sukanya Samriddhi Yojana scheme. One is of 10 years and other one is new born. how much she will get at 21 and till which date I can open account for her ? My child is 2 year old and her name is not yet mentioned in birth certificate. This scheme is Tax Free, No tax is applicable on this scheme. Dear Sir, and if i start from this month sept 2015 how many years i have to pay (date)? 1.Can I open three accounts,one as father,2 are as Guardian – Any Two account can be opened as per rule. Morbi fringilla congue libero. 2015. You need to deposit amount up to 14 years from date of opening this account.You have option to select payment method. But I have deposited Rs. how much i need to invest in order to receive the amount 40L at end of maturity. Maturity is on 21 years from date of opening this account.If you invest 12000 Rs/- per year you will get 6.31 lac as maturity amount. Should I open the account in post office or a bank..if in a bank which one would be best in terms of accessability and ease of usage. Is there any clause clarifying on that. Can my daughter enrol for SSA? Is there any online facility to deposit the monthly instalment or we needs to depend on deposition of cash/cheque only? For the interpretation of the Sukanya Samriddhi Yojana calculations there are some important terms that need to be understood. If you deposit 50,000 Rs in each account you can get maturity amount around 24 L in each account considering interest rate 8.6%.The maturity of the account is 21 years from the date of opening of the account or as girl child gets married whichever is earlier. This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or India Post branch. The Sukanya Samriddhi Yojana calculator is used by the Sukanya Samriddhi Yojana account holders or the people who want to invest in the sst scheme. If you invest 1 Lac per year in Sukanya Samriddhi Account considering 9.1% interest you will able to accumulate 5,260,509 Rs/- in this account. In case of parent (Father) death what will happen.? My girl child is 5 yrs old now. (1) If you deposit 60,000 Rs/- per annum for 14 years then you can have 31.56 Lac in account when she turns 19 years. My daughter is 1.5 yrs old. Accept, is a small deposit scheme for the girl child launched as a part of “, Padhao “ for the benefit of girl child. 15 years from the fiscal year of opening of account. You can approach post office and give simple application for name change. After 7 yrs hecan not continue Yes Abhishek, You can deposit any amount in multiple of 1000 Rs/-. 2. is SIP in MF is better option for long term investment than SSY? My daughter is 9 years old. Waiting for your valuable reply, Please calculate and tell me how much amount will I recieve on maturity?…Waiting for reply, thanku…, Dear sir,