Deposit Rs 50 thousand in this account for the future of your daughter, you will get Rs 23 lakh on maturity.

In the country, the Central Government brings schemes for all sections of the people. Narendra Modi ji started Sukanya Samriddhi Yojana for the bright future of the country’s girls. This scheme has been started especially keeping in mind the expenses of education and marriage of daughters. Any parent can invest in this for their daughter below 10 years of age. Sukanya Samriddhi account can be opened by visiting most of the post offices.

Know here how you can make this investment

Sukanya Samriddhi Yojana is not only beneficial for economically weaker families but also provides safe and better investment options for all sections of the society. In such a situation, the interest rate on deposits in this scheme is higher than any bank scheme. Know here how you can make this investment.

How can I get returns from Sukanya Samriddhi Yojana? After the birth of their daughter, parents start worrying about her future and hence they consider her as a burden. To address these concerns of parents, the government has started Sukanya Samriddhi Yojana for daughters. In this, parents can open an account for their daughter and invest and can do it on maturity when the daughter turns 21 years of age, apart from this, they can also make partial withdrawal when the daughter turns 18 years of age.

Government is giving 8.2% interest

The government is enjoying the benefit of 8.2% interest rate annually on investment in the daughter’s name in Sukanya Samriddhi Yojana. This rate is applied in the form of compound interest which increases the amount significantly. After opening an SSY account, you can start investing with a minimum of Rs 250. And a maximum of Rs 1.5 lakh can be deposited in a financial year. If you start depositing even a small amount, you can get good funds on maturity.

This way you will get returns worth lakhs

After opening the SSY account, the applicant will have to invest regularly for 15 years. The account becomes mature after completing the tenure of 21 years after which the deposits and interest can be withdrawn. If a parent invests Rs 50,000 every year in Sukanya Samriddhi Account, then Rs 7,50,000 can be accumulated in 15 years. The interest rate on this deposit is 8.2 percent. In such a situation, if you do a calculator, you get an amount of around Rs 23 lakh on maturity.

Will get exemption in income taxIn this Sukanya Samriddhi Yojana run by the Government of India, the parents of the daughter get many benefits. Like first of all a family can invest for two daughters. If twin daughters are born after the first child, then this account can be opened for the third daughter also.