How accurate is the PNB SSY Calculator?

The calculator uses the current SSY interest rate (8.2% for 2025) and provides reliable projections based on the input details. However, actual returns may vary if the interest rate changes in the future.

Can I use the PNB SSY Calculator if I haven't started an SSY account yet?

Yes, the calculator is a planning tool, allowing you to explore potential returns even if you haven't opened an account yet.

Does the calculator account for changes in the SSY interest rate?

The calculator uses the current year's interest rate (8.2% for 2025). If the rate changes, future calculations need to be adjusted accordingly.

What is the maximum deposit I can calculate using the tool?

The maximum annual deposit for the Sukanya Samriddhi Yojana is â¹1.5 lakh, which aligns with the scheme's rules.

Is the calculator available for free?

Yes, the Sukanya Samriddhi Yojana Calculator â Punjab National Bank is available for free on platforms like Policybazaar.

How can the SSY Calculator help me achieve financial goals?

The calculator provides clarity on the amount you need to save periodically, helping you set realistic financial goals for your daughter's education and marriage.

Can I use the calculator for multiple scenarios?

Yes, you can input different deposit amounts, ages, and start years to compare results and choose the best savings strategy.

How long does it take to calculate returns using the tool?

It provides instant results once you input the required details, saving time and effort compared to manual calculations.

Is the PNB SSY Calculator compatible with mobile devices?

Yes, most online calculators, including this one on Policybazaar, are mobile-friendly and can be accessed on smartphones and tablets.

Sukanya Samriddhi Yojana Calculator – Punjab National Bank

The Sukanya Samriddhi Yojana (SSY), a government-backed savings scheme, enables parents to secure their daughter's financial future. The Sukanya Samriddhi Yojana Calculator – Punjab National Bank (PNB) helps parents estimate potential returns on investments, ensuring efficient financial planning for education and marriage.

Investing in your child's future:A wise decision & a loving choice

Benefits of Investing In Child Plan

Waiver of Premium Benefit

Future Premiums are paid by the insurer upon death of policyholder

Flexible Payout Options

Your premiums help your child achieve their dreams through lump sum or regular payouts

Wealth Boosters

Get rewarded with Wealth Booster and Loyalty Bonus for staying invested with us

Zero Commission

We charge no commission when you buy from us. Also buy online & get extra

Tax Benefits^

You get tax benefits under Section 80(C) and no tax on returns under Section 10 (10D)

Investment Flexibility

It offers the flexibility to invest at regular intervals or as a one-time contribution

We are rated^~

7.7 Crore

Registered Consumer

Insurance Partners

4.2 Crore

Policies Sold

Nothing Is More Important Than Securing Your Child's Future

Invest ₹10k/month your child will get ₹1 Cr^# Tax-Free* on Maturity

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We are rated^~

7.7 Crore

Registered Consumer

Insurance Partners

4.2 Crore

Policies Sold

Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

What is Sukanya Samriddhi Yojana Calculator – Punjab National Bank?

The Punjab National Bank Sukanya Samriddhi Yojana Calculator is an online tool designed to calculate the maturity amount of SSY investments. By entering basic details like deposit amount, child's age, and investment start year, users can effortlessly plan their finances to meet their goals. This tool simplifies complex calculations, providing accurate and quick insights.

Sukanya Samriddhi Yojana Calculator

Latest SSY Interest Rate = 8.2%

Yearly Investment

You can invest maximum upto ₹1,50,000

₹

Girl's Age

Maximum age should be 10 years

Yrs

Start Year

Investment term is 21 years

Total Investment

Total Interest

Total Investment

Total Interest

Maturity Year

Maturity Value

Amount you will get

Explore Tax Saving Funds

How to Use Sukanya Samriddhi Yojana Calculator – Punjab National Bank from Policybazaar?

Using the PNB SSY Calculator via Policybazaar is straightforward:

On the page: Navigate to the PNB SSY Calculator given on the page.
Enter Key Details:
- Annual deposit amount.
- Your daughter's current age.
- Investment start year.
Interest Rate Pre-Filled: The SSY interest rate for 2025 (8.2%) is preloaded.
View Results: The calculator will show the following results
- Total investment.
- Interest earned.
- Maturity value.

Illustration of Sukanya Samriddhi Yojana Calculator – Punjab National Bank

Let's understand with an example:

Yearly Deposit: ₹1,20,000
Girl's Age: 6 years
Starting Year: 2025
Interest Rate: 8.2%

The outputs:

Total Investment: ₹18,00,000
Total Interest Earned: ₹39,02,234
Maturity Year: 2045
Maturity Value: ₹57,02,234

Invest More Get More

Invest ₹10K/Month YOU GET ₹1 Crores^* For Your Child View Plans

Invest ₹8K/Month YOU GET ₹80 Lakhs^* For Your Child View Plans

Invest ₹5K/Month YOU GET ₹50 Lakhs^* For Your Child View Plans

Standard T&C Apply *

Overview of Sukanya Samriddhi Yojana

The Sukanya Samriddhi Yojana is a part of the Beti Bachao Beti Padhao initiative. Key features include:

Eligibility: Open to girls under 10 years of age.
Tenure: 21 years or until marriage (post 18 years).
Minimum Deposit: ₹250 annually.
Maximum Deposit: ₹1.5 lakh annually.
Interest Rate: 8.2% per annum in 2025 (subject to change).

Who Can Use the SSY Calculator – Punjab National Bank in 2025?

PNB SSY calculator can be a useful tool for:

Parents/Guardians: Planning for their daughter's future expenses.
Financial Advisors: Assisting clients with SSY investment planning.
General Users: Exploring SSY benefits and returns.

How Can SSY Calculator – Punjab National Bank Help You?

The PNB SSY Calculator offers:

Financial Insights: Determine periodic savings requirements.
Goal Setting: Establish realistic financial targets.
Comparative Analysis: Evaluate multiple scenarios to optimize savings.

Unique Triple Benefit

Future premiums paid by insurer on parent's death

Monthly income to fund child's education on parent's death

Lumpsum payout to family on parent's death

Returns

Return as of Apr 2024
12%-15%
8.2%
7.1%

Availability

Availability
Girl Child or Boy Child
Girl child only
Girl Child or Boy Child

Max Entry Age
Upto 18 years
Upto 10 years
No Age Limit

Flexibility

Invested Amount can be Withdrawn after
5 years
21 years
15 years

Conditions for Premature closure
Anytime after 5years
Extreme Compassionate Grounds
Serious Ailments or for education

Penalty on Premature Closure
No Penalty after 5 years
Returns reduced to Post Office Savings rate
1% reduction in interest rate

Max deposit amount in an year
No Limit
1.5 Lacs
1.5 Lacs

Documentation

Documentation Required for Withdrawal
Low
High
Low

View Plans

What are the Benefits of Using a PNB SSY Calculator by Policybazaar?

The PNB SSY Calculator by Policybazaar provides several advantages:

Ease of Use: A user-friendly interface for quick calculations.
Accuracy: Reliable projections for sound financial planning.
Flexibility: Customizable inputs for tailored results.
Convenience: Available online anytime.
Quick Results: Instant estimates for informed decisions.

Conclusion

The Sukanya Samriddhi Yojana Calculator – Punjab National Bank is an invaluable tool for parents aiming to secure their daughter's future. By providing accurate estimations and enabling efficient planning, this calculator simplifies the path toward achieving financial goals. Leverage this tool to build a brighter future for your child today!

FAQs

How accurate is the PNB SSY Calculator?

The calculator uses the current SSY interest rate (8.2% for 2025) and provides reliable projections based on the input details. However, actual returns may vary if the interest rate changes in the future.
Can I use the PNB SSY Calculator if I haven't started an SSY account yet?

Yes, the calculator is a planning tool, allowing you to explore potential returns even if you haven't opened an account yet.
Does the calculator account for changes in the SSY interest rate?

The calculator uses the current year's interest rate (8.2% for 2025). If the rate changes, future calculations need to be adjusted accordingly.
What is the maximum deposit I can calculate using the tool?

The maximum annual deposit for the Sukanya Samriddhi Yojana is ₹1.5 lakh, which aligns with the scheme's rules.
Is the calculator available for free?

Yes, the Sukanya Samriddhi Yojana Calculator – Punjab National Bank is available for free on platforms like Policybazaar.
How can the SSY Calculator help me achieve financial goals?

The calculator provides clarity on the amount you need to save periodically, helping you set realistic financial goals for your daughter's education and marriage.
Can I use the calculator for multiple scenarios?

Yes, you can input different deposit amounts, ages, and start years to compare results and choose the best savings strategy.
How long does it take to calculate returns using the tool?

It provides instant results once you input the required details, saving time and effort compared to manual calculations.
Is the PNB SSY Calculator compatible with mobile devices?

Yes, most online calculators, including this one on Policybazaar, are mobile-friendly and can be accessed on smartphones and tablets.

†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.