Smart Money. vs Sukanya Tracker

No ads. - WHAT IS SMART MONEY? This is your best assistant in the management and control of your financial well-being! Questions and wishes send us here: helpsmartmoney@gmail.com

Your daughter's Sukanya Samriddhi account earns interest every month, but the passbook only shows it once a year. Sukanya Tracker keeps the passbook that's always up to date. WORKED OUT LIKE THE POST OFFICE Interest on the lowest balance between the 5th and the end of each month, credited every 31 March, at the rate in force for each quarter. See the credited balance the passbook will print and the interest accrued since — so you always know what the account is really worth. NEVER MISS THE 5TH Money that lands by the 5th earns for the whole month; a day later and the month is lost. Pick a plan that fits your cash flow — a lump sum in April, monthly, or your own month — and get a reminder on the 1st, and again on the 4th if the deposit is still unpaid. SEE WHAT TIMING IS WORTH Compare the four ways of depositing the same yearly amount and see what each is worth at maturity. Depositing every April instead of every March is worth about ₹5 lakh over the life of the account. CHECK IT AGAINST THE PASSBOOK Type the interest printed for any year and the app tells you whether it matches — and what to look at if it doesn't. EVERYTHING ELSE A PARENT NEEDS • Her timeline: deposits end, half withdrawable at 18, matures at 21 • Year-by-year passbook view and every deposit, editable • A calculator for accounts you haven't opened yet • Interest-rate history since the scheme began, updated when the government changes it • Up to three daughters • Light and dark mode PRIVATE BY DESIGN No account, no sign-in, no server. Her name and dates never leave your phone. Back up to your own iCloud. Anonymous usage statistics are off unless you turn them on. Sukanya Tracker is not affiliated with India Post, any bank, or the Government of India. Every figure is calculated on your phone from the published rules of the scheme; your passbook is the final record.