Sukanya Samriddhi Yojana: Every parent wants to fulfill the responsibilities of their daughter right from her birth to her education and marriage. Along with his son, he dreams of fulfilling all the dreams of his daughter. But rising inflation and higher education The expense many times leaves parents disappointed and frustrated. Many schemes are being run by the Government of India considering all these points so that the daughters can progress after getting education, can stand on their own feet and there should not be any hindrance in their marriage. of which the most effective Plan This is Sukanya Samriddhi Yojana. Under this scheme, you can fulfill every dream of your daughter by depositing just one thousand rupees per month. Let us know about how and till when the benefits of Sukanya Samriddhi Yojana can be availed.
Sukanya Samriddhi Yojana was started in 2014. Sukanya Samriddhi Account can be opened from the birth of the daughter till she turns 10 years of age. Sukanya Samriddhi Account can be opened in the name of only two daughters in a family. The government announces the interest rate on Sukanya Samriddhi Account every quarter. This may change every quarter. Among small savings schemes, the highest interest is available on Sukanya Samriddhi Yojana. Sukanya Samriddhi Yojana is a part of the Beti Bachao, Beti Padhao scheme run by the government.
You can open Sukanya Samriddhi account in any post office and authorized banks like SBI, PNB, ICICI etc. You will need several documents to open an account. For this, Sukanya Samriddhi Account form, daughter's birth certificate, parents' identity card like PAN card, ration card or Aadhar card and guardian's residence certificate will have to be submitted in the bank or post office.
Under Sukanya Samriddhi Yojana, only one account can be opened in the name of the daughter. Parents can open accounts for their two daughters. Under this scheme, the government is currently giving interest of about 8.20 percent on the deposited amount. A minimum of Rs 250 and a maximum of Rs 1.5 lakh can be deposited in this scheme in a financial year. If you deposit Rs 12,500 every month continuously for 15 years in Sukanya Samriddhi Yojana. Suppose you get 8 percent interest for 21 years. Then on maturity around Rs 70 lakh will be deposited in the account. Whereas the total deposited amount will be Rs 22.5 lakh. That means you will get three times the return.
Sukanya Samriddhi Yojana is a Triple E tax exempted scheme. This means that the amount invested in it, the interest received on investment and the total return received on maturity, all are income tax free. Under Section 80C of the Income Tax Act, parents can claim tax exemption on investments up to Rs 1.5 lakh. If in any case you change your place of residence, your daughter's Sukanya Samriddhi account can also be transferred. If the parents cannot deposit the amount in the account due to some reason, they can regularize their account by paying some penalty.
