What is the maximum deposit allowed under Sukanya Samriddhi Yojana?

You can deposit up to â¹1.5 lakh annually under the scheme.

Can I withdraw funds before maturity?

Partial withdrawals are allowed after the girl turns 18, provided they are used for education or marriage.

Is the interest earned on SSY taxable?

No, the interest earned is completely tax-free under Section 10(11A) of the Income Tax Act.

Can I use the UCO Bank SSY Calculator offline?

No, the calculator is an online tool accessible through the Policybazaar website.

Sukanya Samriddhi Yojana Calculator-UCO Bank

The Sukanya Samriddhi Yojana (SSY), backed by the Indian government, is a savings scheme designed to secure a girl child’s future by planning for education and marriage. The Sukanya Samriddhi Yojana Calculator-UCO Bank simplifies investment planning by estimating potential returns based on user inputs. With this tool, parents can effectively strategize their contributions to meet long-term financial goals.

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

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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-UCO Bank?

The UCO Bank Sukanya Samriddhi Yojana Calculator is an online tool that enables users to calculate the maturity value of their SSY investments. By entering key inputs such as the annual deposit amount and the girl’s age, users can gain insights into the total investment, interest earned, and maturity amount. This calculator provides a streamlined and efficient way to plan for the future.

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-UCO Bank From Policybazaar?

To use the UCO Bank SSY Calculator via Policybazaar, follow these steps:

On the Current Page: Navigate to the UCO Bank SSY Calculator given on the page above.
Enter Your Details:
- Input your annual deposit amount.
- Specify your daughter’s current age.
- Select the year you wish to start the investment.
Interest Rate: The 2025 interest rate of 8.2% is pre-filled for accurate calculations.
Result: The calculator tool provided will show the following results:
- The total maturity amount.
- Total investment.
- Interest earned.

Illustration of Sukanya Samriddhi Yojana Calculator-UCO Bank

Here’s an example to illustrate:

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

The calculator generates the following results:

Total Investment: ₹18,00,000
Total Interest Earned: ₹38,11,622
Maturity Year: 2045
Maturity Value: ₹56,11,622

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 part of the Beti Bachao Beti Padhao campaign, designed to promote savings for a girl child.

Eligibility: Girl children below 10 years of age.
Tenure: 21 years or until marriage after 18 years.
Minimum Deposit: ₹250 annually.
Maximum Deposit: ₹1.5 lakh annually.
Interest Rate: 8.2% in 2025 (subject to change).

Who Can Use the SSY Calculator Sukanya Samriddhi Yojana Calculator-UCO Bank in 2025?

The SSY Calculator is suitable for:

Parents/Guardians: Planning their daughter’s future expenses.
Financial Advisors: Offering investment solutions to clients.
General Users: Evaluating SSY’s returns for better decision-making.

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

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How Can SSY Calculator-UCO Bank Help You?

The UCO Bank SSY Calculator provides:

Financial Clarity: Understand periodic savings requirements.
Goal Planning: Set achievable milestones for your daughter’s future.
Flexibility: Compare multiple saving scenarios effortlessly.

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

Here are the advantages:

Ease of Use: Simple and intuitive interface for quick calculations.
Real-Time Outputs: Instant results based on the latest interest rates.
Customisation: Personalize inputs for tailored results.
Accuracy: Reliable estimates for better planning.
Convenience: Accessible online at any time.

Conclusion

The Sukanya Samriddhi Yojana Calculator-UCO Bank is a valuable tool for parents aiming to secure their daughter’s future. By leveraging this calculator, you can accurately plan investments, ensuring you meet your financial objectives effectively. Use this tool to stay on track and provide your child with a bright future.

FAQs

What is the maximum deposit allowed under Sukanya Samriddhi Yojana?

You can deposit up to ₹1.5 lakh annually under the scheme.
Can I withdraw funds before maturity?

Partial withdrawals are allowed after the girl turns 18, provided they are used for education or marriage.
Is the interest earned on SSY taxable?

No, the interest earned is completely tax-free under Section 10(11A) of the Income Tax Act.
Can I use the UCO Bank SSY Calculator offline?

No, the calculator is an online tool accessible through the Policybazaar website.

†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.