Sukanya Samrudhdhi Yojana

Sukanya Samrudhdhi Yojana 

You don't have to worry about your daughter's marriage and studies, you can open an account for only 250 rupees

Sukanya Samrudhdhi Yojana 

Sukanya Samrudhi Yojana has been created by the Central Government for those who are the parents of a daughter. The scheme was launched by Prime Minister Narendra Modi in 2015. You can go to Post Office Branch and Mori Banks to open an account. The scheme is designed to exempt daughters from marriage and study expenses. The government is offering an annual interest of 7.6 per cent on account opening under the scheme. An account can be opened in Sukanya Samrudhi Yojana by paying only Rs. 250.

Minimum Rs 250 and maximum Rs 1.50 lakh

Under this scheme, a minimum of Rs 250 and a maximum of Rs 1.50 lakh can be deposited annually. The benefit of tax exemption can be given under section 80C of the Income Tax Law on investment. After the daughter reaches the age of 18, you can withdraw 50% of the total amount invested in this plan. The full amount including interest will be refunded after the completion of 21 years under this scheme.

સંપૂર્ણ માહિતી ગુજરાતી માં વાંચવા માટે અહીં ક્લિક કરો

Up to two girls will get the benefit

Accounts can be opened up to a maximum of two girls but in the case of twin children, these can be opened for three girls. The plan is to deposit money for 14 years or 21 years from the date of account opening. The interest rate is revised every three months as it falls into the small savings scheme category.

At the current interest rate, if you invest Rs 1.5 lakh per annum in this scheme for 21 years, you will get Rs 65,93,071 at an interest rate of 7.6 percent. Money can be deposited in the account by cash, check, and demand draft.