Sukanya Samriddhi Deposit Scheme – Mumbai Postal Region – Website & Toll Free Number

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This post was last modified on July 10, 2023 6:42 pm

Sreekanth Reddy

Sreekanth is the Man behind ReLakhs.com. He is an Independent Certified Financial Planner (CFP), engaged in blogging & property consultancy for the last 14 years through his firm ReLakhs Financial Services . He is not associated with any Financial product / service provider. The main aim of his blog is to "help investors take informed financial decisions." "Please note that the views given in this Blog/Comments Section/Forum are clarifications meant for reference and guidance of the readers to explore further on the topics/queries raised and take informed decisions. The information provided, therefore, should not be viewed as financial, legal, accounting, tax or investment advice."

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  • Hello Sir
    My sis DOB is 4-4-2004
    Suppose now I am opening her SSA Account with yearly deposite of 2500
    Till her 18 age..then what will be maturity amount....?

    • Dear Nitin,
      The SSA calculator is available in the article..kindly download it and calculate..

  • Sir my baby is 2 month old I would like to invest at present 3ooo/ per month can you calculate for 25 years one ? Can i increase monthly deposit as per convinince in future mon

    • Dear Deepak,
      You can contribute for a maximum period of 21 years from the date of A/c opening.
      The approx maturity amount can be around Rs 18.4 Lakh
      Yes, you can increase or decrease the contribution amount.

  • Dear Sir,
    As per my observation in maturity amount calculator on yearly sheet, Model calculation having some misleading values, Request you to please once check......

    • Dear Afzal,
      Ok, its developed by Mumbai HO postal staff. Let me forward one more SSA calculator to your email id :)

  • Hello sir
    I just wanted to know how is the interest being deposited into this a/c is it financial year or anniversary year

  • HI Sreekanth,

    Is SSA maturity amount tax free like PPF? Or will govt deduct tax on maturity amount?

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Sreekanth Reddy

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