This scheme is opened for daughters and any citizen of the country can invest in this scheme for his daughter aged 10 years or less. Under Sukanya Samriddhi Yojana, anyone can deposit at least ₹ 250 annually.
People are looking for alternative ways of investing in modern times. In such a situation, the number of investors in the stock market has increased rapidly. People are looking at the stock market as an alternative way instead of investing in bank FD and government schemes. However, investing in government schemes gives you many benefits. Today we are going to tell you about one such government scheme, where you will get the benefit of more amount along with tax benefits.
This scheme is opened for daughters and any citizen of our country can invest in this scheme for his daughter aged 10 years or less. Under Sukanya Samriddhi Yojana, anyone can deposit at least ₹ 250 annually. While a maximum of Rs 1.5 lakh can be deposited.
The biggest feature of Sukanya Samriddhi Yojana is that among all the government schemes running in the country, it is one of the schemes paying the highest interest, whose account holders are given interest at the rate of 8.2 percent every year. In such a situation, by investing a certain amount for a few years, your daughter can become the owner of more than 71 lakhs. Let’s know the complete details.
What is Kanya Sukanya Yojana?
Under this scheme started by the central government, any Indian citizen can start this scheme in the name of his daughter. This scheme can be opened in any branch of the post office. Under this scheme, you can invest for a total of 15 years, after that the full amount will be given on maturity as soon as 21 years are completed.
Special rules related to this scheme
- The government revises the interest given on Sukanya Samriddhi Yojana account every quarter. The amount received on maturity is affected when the interest increases or decreases.
- The investment amount in the SSY account should be deposited before 5th April every year, so that the daughter can get maximum interest.
- If your daughter’s age is more than 0 years at the time of opening the account, then your daughter will get the maturity amount when the account completes 21 years, not when the daughter turns 21.
How to get 71 lakh rupees?
Under this scheme, you can deposit 1.5 lakh rupees annually for 15 years, on which you will be given maximum benefit. In SSA too, you will get the opportunity to get maximum interest only when you deposit this amount in the account before 5th April every financial year. On depositing this amount for 15 years, the total deposit will be ₹22,50,000. On maturity, you will get 71,82,119 rupees. In this, the total amount received from interest will be 49,32,119 rupees. This amount received on maturity will be completely tax free.
