Sukanya Samriddhi Accounts is keeping scheme for girl kid. Last week, Financing minister introduced that Sukanya Samriddhi Accounts/Yojana interest will be tax free. Today this saving scheme designed for girl kid is attracting several traders. This is a little saving scheme that provides 9.1% interest. In this article, I'd touch upon key functions alongside Sukanya Samriddhi Accounts/Yojana excel calculator download. You can perform computations of sukanya samriddhi yojana calculator on the internet. This calculator would assist you to understand how much tax free of charge income it is possible to save for the girl child. This Sukanya Samriddhi Yojana calculator excel download would furthermore help you to understand how much money you should invest in order to accumulate a specific amount. This Sukanya could be checked by you Samriddhi Yojana calculator download free excel template.
Top features of Sukanya Samriddhi Account / Yojana
Parent / Guardian can open up Sukanya Samriddhi Account inside the title of the minimal girl child till a decade of age.
Minimum deposit is without a doubt Rs 1,000 and inside multiples of Rs 100 thereon. Optimum deposit to be made is without a doubt Rs 1.5 Lakhs in a financial year. Interest rates are usually 9.1% for financial year 2014-15. The interest would be introduced by the Govt. of India every full year, the real way they are carrying it out for PPF.
Interest is 9.2% for financial year 2015-16 as announced by Govt of India during the other day of March, 2015.
Account will be active till gal attains 21 years or during relationship after 18 years. To meet advanced schooling expenditures, partial withdrawal is allowed around 50% of the total amount accumulated till the finish of the final financial year. That is allowed after gal attained 18 years. This provision is held so that early relationship is prevented before 18 years.
Curiosity is compounded on a good annual basis and will be first credited whenever a girl attains 14 years.
Sukanya Samriddhi Account could be transferred any place in India in the event girl moves in one city to another. Also Read: Complete information on sukanya samriddhi account calculator & Sukanya Samriddhi Yojana.
Major great things about Sukanya Samriddhi Account Gal Saving Scheme
High interest of 9.1%. Interest of 9.2% announced for FY 2015-16 (updated on 4-Apr-15) Taxes deduction u/s 80C upto Rs 1.5 Lakhs in a financial year. Curiosity received on Sukanya Samriddhi Accounts is exempted from tax (as announced on 28th February, during spending budget announcement). Good for Parents / Guardian who would like to accumulate tax free revenue for girl kid for education or relationship. Sukanya Samriddhi Accounts Excel Calculator Download
You can find out just how much interest you'll get or maturity amount with this particular sukanya samriddhi yojana calculator online. Sukanya Samriddhi Yojana calculator download free excel template would assist you to compute it on finger suggestion.
If a mother or father / guardian invests Rs 1,000 each year for 14 decades and await 21 decades, the accumulated amount will be Rs 52,605. If a mother or father / guardian has invested Rs 150,000 each year for 14 decades and await 21 decades, the accumulated amount will be Rs 78.90 Lakhs. How to utilize this Sukanya Samriddhi Accounts / Yojana Excel calculator download?
Just click here to download the calculator of Sukanya Samriddhi Accounts. Input the expense amount yearly in green colour cell in yearly expense column. Interest is updated as 9.1% yearly every year. In the event in virtually any specific year, there's change in interest, you can update exactly the same for that full year. It can be left by you as 9.1% as of this moment. Your accumulated amount is displayed. It would provide year on year also, how interest is certainly computed and what quantity is accumulated. Also Read: In the event you choose Kisan Vikas Patra (KVP) that provides 8.7% interest?