SSY calculator: Can you build Rs 50 lakh corpus in Sukanya Samriddhi Yojana by investing Rs 50,000/year?

Sukanya Samriddhi Yojana (SSY) offers a compelling investment avenue for girl children, currently providing an 8.2% annual interest rate. Parents can build significant corpus for their daughter's future by consistently investing up to Rs 1.5 lakh annually, with maturity proceeds and interest being tax-free under EEE status.