Sukanya Samriddhi Yojana: If you are also the father of a daughter, then start planning for the future from now on. For this, you can open Sukanya Samriddhi Yojana account under the government scheme. In this you can start from Rs.250.
Sukanya Samriddhi Yojana: You have to worry about the future of your daughter. Keeping his future in mind, you have to plan from today itself. If you have not been able to start any savings for his future yet, then you can open the account of Sukanya Samriddhi Yojana in just Rs 250. In this government scheme, you can save tax along with earning great returns.
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a deposit scheme launched for daughters. Under this scheme, the guardian or parents of a girl child of 10 years of age or less can open the account. Under the scheme, you can deposit a minimum of Rs 250 and a maximum of Rs 1.5 lakh annually. By opening this account, you will get relief on future expenses on daughter’s education etc.
Where will this account be opened?
You can open the account of Sukanya Samriddhi Yojana (SSY) in the authorized branch of any post office or commercial branch. Under the scheme, within 10 years of the birth of the girl child, you can open this account by depositing a minimum of Rs 250.
Which documents will be required?
In a financial year, you can deposit a minimum of Rs 250 and a maximum of Rs 1.5 lakh in this account. To open the account, along with the form, the daughter’s birth certificate will have to be submitted in the post office / bank. Along with this, the photo ID of the child and parents will have to be given.
maturity and interest
When you open this account, the account matures after 21 years from that date or at the time of marriage (1 month before or three months after the date of marriage) if the daughter turns 18. The interest on the account opened under this scheme is 7.6 percent per annum.
How to get 15 lakh benefit
If you invest 3 thousand rupees every month under this scheme, then you have got an investment of 36000 rupees annually. After 14 years, at a compounding rate of 7.6 percent, it was Rs 9,11,574. When the daughter is 21 years old, this amount will become about Rs 15,22,221 on maturity.
