New Delhi. If you also have a small girl or daughter in your house, then the need of money for her education, marriage can be easily met now. For this you have to invest in Sukanya Samriddhi Yojana.
An account can be opened for a daughter below the age of 10 years under Sukanya Samriddhi Yojana. You can create a corpus of Rs 15 lakh by saving Rs 100 a day and Rs 65 lakh by saving Rs 416 for your daughter, which will be useful for her better future.
Know what is Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana (SSY) is a small savings scheme of the Central Government for daughters. Which has been launched under the Beti Bachao Beti Padhao scheme. Sukanya is the best interest rate scheme in small savings scheme.
How to open an account Under
this scheme, any person can open an account for his two daughters. The account under Sukanya Samriddhi Yojana can be opened after the birth of a girl child before the age of 10 years with a minimum deposit of Rs 250.
Where the account will open
Under Sukanya Samriddhi Yojana, the account can be opened in any authorized branch of a post office or commercial branch. At the age of 21, daughters can withdraw money from this account.
How much you can invest
Under Sukanya Samriddhi Yojana in the current fiscal year, up to a maximum of Rs 1.5 lakh can be deposited annually. At present, it is getting 7.6 percent interest. In this scheme, the amount will double in 9 years and 4 months.
Know how you will get 65 lakh rupees
>> If you invest Rs 3000 every month in this scheme i.e. Rs 36000 annually, you will get Rs 9,11,574 after 14 years at 7.6 per cent annual compounding.
>> 21 years i.e. on maturity this amount will be around Rs 15,22,221. That is, if you save Rs 100 daily and deposit it, then you can create a fund of Rs 15 lakh for the daughter.
>> At the same time, by saving up to Rs 416 daily, you can add 65 lakh rupees.
How long will this account continue:
After opening the Sukanya Samriddhi Yojana account , it can be continued till the girl child turns 21 or till she gets married after the age of 18 years.
