Sukanya Samriddhi Yojana: The Central Government has started many schemes for the future of daughters. One of these is Sukanya Samriddhi Yojana. Sukanya Samriddhi Yojana has an annual interest rate of 8 per cent for the quarter July to September 2023. Only daughters’ accounts can be opened in this scheme. You can save tax of Rs 1.5 lakh annually by investing in this scheme.
Sukanya Samriddhi Yojana: The government has started a special scheme to remove the worries of daughters’ education and marriage. The name of this scheme is Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana -SSY) . This is a completely government scheme.
This scheme is a scheme launched by the central government under the Beti Bachao, Beti Padhao scheme. The purpose of this scheme is that daughters born in economically weak families do not have to face economic crisis in future. On investing under this scheme, the government provides 8 percent interest rate on the deposited amount on an annual basis.
In such a situation, if you invest in Sukanya Samriddhi Yojana, then the amount will triple on maturity. At the same time, the interest received in this will be double of the total investment. In this post office scheme, the interest rate has been increased to 8 percent per annum from April 1. The special thing is that the maturity of the scheme is 21 years, but investment in it has to be done only for 15 years.
Account can be opened in Sukanya Samriddhi Yojana with 250 rupees
Sukanya Samriddhi Yojana was started eight years ago i.e. in the year 2015. This scheme is of 21 years. But the parents of the girl child have to deposit money only for the first 15 years. The account remains operational for 6 years without depositing money.
Under the Sukanya Samriddhi Yojana, the account of daughters below the age of 10 years is opened only in the name of their parents. Under this scheme, you can deposit from Rs 250 to Rs 1.50 lakh annually. By February 2023, more than 3 crore accounts have been opened under this scheme. Here you can create a huge fund by making small investments.
This is how a fund of 64 lakhs will be made in Sukanya Samriddhi Yojana
If you deposit Rs 12,500 every month in the SSY scheme, then this amount will be Rs 1.5 lakh in a year. There will be no tax on this amount. The interest rate under this popular scheme is 8 per cent. Will invest Rs 22,50,000 in 15 years. Rs 44,84,534 will be received as interest at the rate of 8 per cent. In this way, till maturity, a huge fund will be created for your daughter and it can reach around Rs 64 lakh.
You can withdraw money before maturity in Sukanya Samriddhi Yojana
50% of the amount can be withdrawn before maturity when the daughter is 18 years old. Apart from this, money can be withdrawn in emergency after five years of opening the account.
