Sukanya Samriddhi Yojana: If you are worried about your daughter’s future, then you have nothing to worry about now. Ludley’s education and marriage expenses can easily be covered. You just need to deposit Rs 250 every month and you can get rid of all these worries. With your daughter’s future in mind, you should be planning from today. You can open an account for your daughter with Sukanya Samriddhi Yojana (SSY). Along with making big profits from this government scheme, you can also save on taxes.
The peculiarity of this scheme is that you can start investing in it with 250 rupees. The maximum amount that can be deposited is up to 1.5 million rubles. Interest in this is also good compared to other schemes. Along with this, a tax exemption is also available. You can open it at any post office or bank.
Know what is Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana (SSY) is a deposit scheme launched for daughters. Under this scheme, the guardian or parents of a girl aged 10 or younger can open an account. Under this scheme, money must be deposited for 15 years from the date the account was opened. Interest continues to accrue until the end of the year. The scheme currently bears interest at a rate of 7.6% per annum. However, your investment in this scheme will be locked in at least until then. Until the daughter turns 18. Even after 18 years, you can withdraw 50% of the total amount of money. Which she can use to get her diploma or further education.
Deposit money only once, the pension will be available for life in this LIC policy
How to get a grant of 15 thousand rubles
Under this scheme, if you deposit Rs 3,000 every month, then Rs 36,000 will be deposited annually. After 14 years, accrued interest of 7.6% was Rs 9,11,574. When the daughter turns 21, this amount will be around Rs 15,22,221 at maturity. On the other hand, if you save Rs 416 daily, then at the end of the term you will have Rs 65 lakh.
Can I close my SSY account?
If the account holder dies at Sukanya Samriddhi Yojana, the account can be closed upon presentation of a death certificate. After that, the amount deposited into Sukanya Samriddhi Yojana’s account can be returned to the girl’s guardian along with interest. In other cases, the SSY account may be closed after five years from the opening date. This can also be done in many cases. For example, it may be closed in case of life-threatening diseases. Even after that, if the account is closed for any other reason, then it can be allowed, but the interest on it will be on the savings account.