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
|
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
