Sukanya Samriddhi Scheme Benefits: Every parent worries about their daughter! They worry about her future! Especially parents of poor family are unable to teach their daughter due to lack of money! That is why the government has come up with a scheme for the daughters of poor families! The government’s Sukanya Samriddhi Yojana (SSY) has been brought! Under this scheme, you can add around Rs 5 lakh by depositing Rs 12,000 annually! That is if you can save 5 lakhs daily, prepare a fund of 5 lakhs for your daughter! Investment plan for 14 years in Sukanya Samriddhi Scheme Let’s know about Sukanya Samriddhi Yojana.
Sukanya Samriddhi Scheme Benefits
Can open an account for daughter below 10 years
Under this scheme (Sukanya Samriddhi Yojana SSY), any person or legal guardian can open a Sukanya Samriddhi Account for daughters under 10 years of age by going to the bank and post office. From 1 January 2019, the scheme is getting 8.5% compound interest annually! One can also avail tax exemption under 80C for investing in this scheme. On completion of the scheme (Sukanya Samriddhi Scheme), the entire fund will be given to the girl, in whose name this account has been opened!
Can start from only 250 rupees
Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana SSY) has to be deposited at least 250 rupees annually! Earlier it was mandatory to invest 1000 rupees annually! Maximum Rs 1.50 lakh can be deposited annually under the scheme.
You will get money after 21 years
In this Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana SSY), one has to invest till the completion of 14 years from the day of opening the account! But this Sukanya Samriddhi Account matures on completion of 21 years! After the completion of 14 years of the account, for 21 years, the money will continue to be added to the account according to the fixed interest rate at that time!
You will get around 5 lakh rupees for depositing 1,000
Gandhi said that after depositing Rs 20,000 annually in Sukanya Samriddhi Scheme, for 14 years, Rs 2,80,000 will be deposited annually and after 21 years of maturity, you will get 9,36,429 lakhs, which means that a fund of about 10 lakhs will be created! At the same time, on depositing 35 rupees a day, that is, about Rs 1,000 a month, which will be Rs 12,000 annually, you will get more than Rs 5 lakh on maturity!
Can get 50 lakh rupees
If you invest 1 lakh rupees every year under this scheme, then you have to invest a total of 14 lakh rupees! On this Sukanya Samriddhi Account, the government is now paying an interest of 8.5 per cent compounding annually (Intrest)! In such a situation, when the account is matured after 21 years, your investment will be around 46 lakh rupees! You will get Rs 70,23,219 for depositing 1.50 lakhs annually!
You can withdraw money when your daughter is 18 years old
If the daughter is 18 years of age and needs money for studies or her marriage, then you can withdraw up to 50% of the deposit amount! You can open this Sukanya Samriddhi Account in any of your nearest post offices! This account can also be opened in any private or public sector bank. (Investment Scheme)