Sukanya Samriddhi Yojana: Economically backward poor parents are always worried about how to get their daughter married in this era of inflation? How will they pay for her good education? If you want to be free from this big tension, then this news can prove to be very useful for you.
Let us tell you that the Government of India had introduced a scheme in the year 2015. Its name is Sukanya Samriddhi Yojana. You can open this account in any post office or bank. This account can be opened till the daughter is 10 years old. At the time of opening this account, a minimum of 1000 rupees and a maximum of 1.5 lakh rupees have to be deposited in a year.
When your daughter turns 18, you can withdraw 50% of the deposit amount for her education or marriage. You will be surprised to know that this age limit has been set so that parents do not marry their daughter before 18 years of age. The total amount deposited in the account and the interest amount can be withdrawn when the account turns 21. If your daughter gets married before 21 years of age, then the account will not be allowed to operate after that.
If you are investing Rs 1.5 lakh every year in Sukanya Samriddhi Yojana in the name of your daughter, then you will get Rs 70 lakh after your daughter turns 21. An interest rate of 9.2% will be given in this scheme. Let us tell you that the amount invested by you will be Rs 22,50,000 and the interest will be Rs 46,77,578. The good thing is that you do not have to pay any tax.
