Monday, March 16, 2015

Sukanya Samruddhi Account - Calculator



Year
Age of Girl Child
Opening Balance
Monthly Contribution
Yearly Contribution
Intrest Rate @9.1%
Closing Balance
2015
1
-
1000
12,000
592
12,592
2016
2
12,592
1000
12,000
1,737
26,329
2017
3
26,329
1000
12,000
2,987
41,316
2018
4
41,316
1000
12,000
4,351
57,668
2019
5
57,668
1000
12,000
5,839
75,507
2020
6
75,507
1000
12,000
7,463
94,969
2021
7
94,969
1000
12,000
9,234
116,203
2022
8
116,203
1000
12,000
11,166
139,369
2023
9
139,369
1000
12,000
13,274
164,643
2024
10
164,643
1000
12,000
15,574
192,217
2025
11
192,217
1000
12,000
18,083
222,300
2026
12
222,300
1000
12,000
20,821
255,121
2027
13
255,121
1000
12,000
23,808
290,929
2028
14
290,929
1000
12,000
27,066
329,995
2029
15
329,995
-
-
30,030
360,024
2030
16
360,024
-
-
32,762
392,787
2031
17
392,787
-
-
35,744
428,530
2032
18
428,530
-
-
38,996
467,526
2033
19
467,526
-
-
42,545
510,071
2034
20
510,071
-
-
46,416
556,488
2035
21
556,488
-
-
50,640
6,07,128








Maturity Value : Amount of Deposit : 14 Years x 12 Months x Rs. 1000 = 1,68,000 + Interest = Rs. 4,39,128 = Rs. 6,07,128 (Approximately)

In view of above calculation, it is requested to all members to give wide publicity to this savings scheme among the family members / relatives and guests for opening of account in their girl's name before 31/3/2015