Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana is the main in the ambitious scheme of the government. The highest interest rate among all the savings schemes is on this scheme. This scheme has been started especially for the daughters.
Sukanya Samriddhi Yojana: In view of the expenditure on education and upbringing of daughters, it is better to start saving as soon as possible. For this, the government is running an ambitious scheme like Sukanya Samriddhi Yojana. Investing in this scheme will prove to be very beneficial for the future of your daughter.
will get the highest interest
For the first quarter of the new financial year, the government has not made any change in the interest rates on Small Saving Schemes. That is, even small savings schemes like Sukanya Samriddhi Yojana and Public Provident Fund will continue to get interest like the previous quarter. In such a situation, this scheme is still the highest interest paying savings scheme as before.
At present, 5.5 percent is available on 12-month Fixed Deposit, 6.7 percent on 5-year FD, 6.8 percent on NSC, 7.1 percent on Public Provident Fund (PPF) and 7.4 percent on Senior Citizen’s Savings Scheme. Whereas on Sukanya Samriddhi Yojana, the highest interest is 7.6 percent.
Work will be done in two and a half hundred rupees
Under Sukanya Samriddhi Yojana, a minimum investment of Rs 250 has to be made in a year. Talking about the maximum amount, you can invest a maximum of Rs 1.5 lakh in a financial year. For this your daughter’s age should be less than 10 years. After opening the account, its installment has to be paid for 14 years and the account matures after 21 years.
