Most of the people are preferring to invest in it due to excellent interest and tax exemption.
New Delhi. If you are planning an investment, then Sukanya Samriddhi Yojana (SSY) of Modi Government can prove to be very beneficial for you. People have liked the Sukanya Samriddhi scheme run by the central government. According to the National Savings Institute, people have deposited about Rs 1.05 lakh crore in the Sukanya Samriddhi Scheme till May this year. At the end of May last year, this amount was 75,522 crores. This means that in the last one year only, the amount of investment in this scheme has increased by about 40%. Let us tell you that due to the great interest and tax exemption, people are preferring to invest in it for their daughter. So let’s know everything about it…
Open an account in the name of daughter
If you are planning to take a good investment policy for your daughter. Then SSY is a great scheme for you. You can open an account in Punjab National Bank under Sukanya Samriddhi Yojana. With an investment of only Rs 250 in PNB, you can add a huge amount for your daughter’s marriage till her education.
Special things related to this scheme
If you want to open Sukanya Samriddhi account in PNB, then the minimum deposit has to be Rs 250. Whereas maximum you can deposit up to Rs 1,50,000. This account can be operated till the daughter turns 21. If you want, you can withdraw the maturity amount after the daughter turns 18. In PNB, an account can be opened for a maximum of two daughters from a family. Under this scheme, the parent or guardian can open only one account in PNB in the name of one daughter. The age of the daughter should be less than 10 years.
On maturity, you will get more than 15 lakhs
Let us tell you that if you invest Rs 3000 every month in this scheme, that is, after applying Rs 36000 annually, after 14 years, you will get Rs 9,11,574 at the rate of 7.6 percent annual compounding. On 21 years ie maturity, this amount will be around Rs 15,22,221. Let us inform that at present interest was being given in SSY at the rate of 7.6 percent which is with income tax exemption.
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