If you want to improve the future of your daughter, then this time you can give a special gift to your sweetheart on International Women’s Day. In this scheme, by investing a small amount, you can give lakhs of rupees for your daughter. By investing in this scheme, your daughter will never face any money problem. Along with this, you will also get the benefit of tax exemption. This government scheme is none other than Sukanya Samriddhi Yojana, in which an amount of 65 lakhs can be received on maturity with a saving of Rs 400.
what is this plan
Sukanya Samriddhi Yojana offers a long term investment. This scheme also gives money from time to time for the education of your daughter. Also, it can give a huge benefit on maturity or at the time of getting married. It gives maturity benefit when the girl child attains the age of 21 years. It also gives a return of 7.6 percent. If you want to open this scheme, then you can open this scheme under the post office.
What is the rule of this scheme
This is a popular scheme, which allows daughters up to 10 years of age to open an account in Sukanya Samriddhi Yojana. In this, a minimum deposit of Rs 250 and a maximum of Rs 1.5 lakh is allowed annually. This scheme matures when the daughter attains the age of 21 years. However, it is locked on the daughter’s completion of 18 years, that is, she can withdraw 50 percent of the amount invested in this scheme. Which she can use for her education. Whereas the entire amount can be withdrawn only at the age of 21.
How many daughters of a family get benefit
Maximum 2 daughters are given benefit under this scheme, but if there is twin daughter in a family then 3 daughters will get benefit under this scheme. In this, money has to be deposited only for 15 years. You can invest in advance considering the amount you want on maturity and start investing on that basis.
What are the rules of investment
If your daughter is 10 years old and you have started investing now, then you will have the option of investing for 11 years only. There is a daughter of 5 years and then you will be able to invest for 16 years. While your daughter is 1 year old today in 2021 and investment has been started then the plan will mature in 2042.
How to get 65 lakh rupees
If someone has started investing in 2021 and he is saving Rs 416 per day. So 12,500 rupees will be deposited in the month i.e. if this amount is deposited every month in this scheme, then 15,00,00 rupees will be deposited in the year. At the same time, in 15 years this investment will become Rs 2,250,000. At the rate of 7.6 per cent interest, the total interest amount will be Rs 4,250,000. Whereas in 2042, when the daughter turns 21, she will get Rs 6,500,000 on maturity.