Sukanya Samriddhi Yojana: In today’s time, the Government of India has launched the Sukanya Samriddhi Yojana to make the education and marriage expenses of daughters easier. This scheme is not only a great way to secure the future of daughters, but through this, parents also get an opportunity to be financially empowered. With every passing year, this scheme has worked better and more reliably, and it is proving to be a scheme that gives good returns in the long term.
What is Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana is a scheme launched by the Government of India, which is specially designed for daughters below the age of 10 years. Under this scheme, parents can open an account in the name of their daughter in post offices or banks. By investing in it, you get attractive interest, and this scheme is fully supported by the government. Through this, you can create a good fund for the marriage or education of the daughter.
Benefits of Sukanya Samriddhi Yojana
Investing under the Sukanya Samriddhi Yojana is very convenient and cheap. You can start it with a minimum amount of ₹ 250. If you can invest more, you can invest up to ₹ 1.5 lakh in a year. The most special thing about this scheme is that the interest you get from it is compounded and tax-free.
When the daughter turns 21, its account matures, and whatever amount is received at that time, no tax is levied on it. Apart from this, if the daughter turns 18 years old, then you can also withdraw some amount from this scheme.
Eligibility for Sukanya Samriddhi Yojana
There are some eligibility conditions to avail this scheme, which are as follows:
- The girl should be a resident of India only.
- The age of the girl should be less than 10 years. Investment cannot be made in this scheme if she is older than this age.
- Sukanya Samriddhi A Yojana account can be opened for two daughters in a family. If a family has twin daughters, then an account can also be opened for three daughters.
- To open this account, you have to open an account only through the post office or government banks.
How much will you get by depositing ₹ 4,000 every month?
If you deposit ₹ 4,000 every month in Sukanya Samriddhi Yojana, it will be ₹ 48,000 annually. By investing continuously for 15 years, you will have an amount of ₹ 7,20,000. By getting 8.2% annual interest on this, your maturity amount can be around ₹ 22 lakh at the end of 21 years.
Benefits of Sukanya Samriddhi Yojana
- Safe investment: Investment in this scheme is backed by the Government of India, making it 100% safe.
- Tax exemption: Investing in this scheme provides tax exemption under 80C.
- Attractive interest: This scheme offers compound interest, which increases your amount every year.
- Flexible investment: You can invest every month according to your financial situation so that you do not feel any kind of pressure.
- No tax: There is no tax on the amount received at the time of maturity.
Conclusion
Sukanya Samriddhi Yojana is an excellent and safe investment option that has been specially designed keeping in mind the future of daughters. Through this scheme, you can easily manage the education and marriage expenses for your daughter. Along with this, you also get attractive interest rates, which give good returns to your investment in the long term.
If you want to secure your daughter’s future, then Sukanya Samriddhi Yojana can be a great option.
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