Due to inflation and corona epidemic, everyone’s work has been affected a lot. Everyone is worried about the future of themselves and their children and looks for some such scheme, in which they can save well by putting less amount. One such scheme is Sukanya Samriddhi Yojana (SSY), in which by saving Re 1 per day, you can secure the future of your beloved. Also, let us tell you that investing money in this also helps you save income tax.
This scheme has been brought under the Beti Bachao Beti Padhao scheme. This is one of the best interest rate schemes. Let us tell you that in Sukanya Samriddhi Yojana account can be opened with only Rs.250. This means that even if you save 1 rupee daily, you can still take advantage of this scheme. In this, you can deposit a minimum of 250 rupees and a maximum of 1.5 lakh rupees in a year.
According to the report, interest was being given in SSY at the rate of 7.6 per cent which is with income tax exemption. Earlier, interest up to 9.2 percent has also been received in it. There is also an advantage in this that after the age of 8 years, up to 50 percent of the amount spent on the education of the daughter can be withdrawn. Let us inform that the Sukanya Samridhi Yojana was started by the government in the year 2014.
For example, if you invest Rs 3000 every month i.e. Rs 36000 annually, then after 14 years you will get Rs 9,11,574 at the rate of 7.6 per cent compounding annually. On 21 years i.e. maturity, this amount will be around Rs 15,22,221.
Under the scheme, you can open an account in the name of a girl child below the age of 10 years. Only one account can be opened in the name of the girl child in the post office or any bank in India. This account can be opened in the name of only two daughters of the house. You can withdraw your money after the daughter attains 18 years of age. The account matures when the girl turns 21.
first published:Jan. 13, 2022, 2:22 p.m.