People start planning to take cheap and good investment policy as soon as daughters are born. This is because her daughter has a better future.
New Delhi . People start planning to take cheap and good investment policy as soon as daughters are born. This is because her daughter has a better future. There should not be any hindrance in studying and getting married. This is the reason that the government is running many schemes for the better future of daughters. In such a situation, if you are also preparing to make some investment for the bright future of your beloved daughter, then 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. Let’s know everything about it-
Highlights 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.
Account for two daughters from a family
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.
These documents will have to be given to open an account
Sukanya Samriddhi Yojana account can be opened from any branch of PNB. Sukanya Samriddhi Account Opening Form, Birth Certificate of the Girl Child, Identity Card of the Depositor (Parent or Guardian) like PAN Card, Ration Card, Driving License, Passport etc. Proof of address of the depositor like passport, ration card, electricity bill, telephone bill etc. You can also use net-banking to deposit money.
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