Sukanya Samriddhi Yojana: If you are the parents of a daughter, then you will be worried about your daughter’s future. The main reason for this is the increasing inflation every day. In this era of increasing inflation, it has become very difficult to educate and marry off a daughter. In such a situation, if you want to make your daughter’s future better and want that in the future, there is no problem of money in your daughter’s education and marriage, etc. In such a situation, the question arises of how to prepare a limited fund.
Let us tell you that a special scheme of the government can help you in securing the future of your daughter. This scheme allows converting small savings into a big fund. Its name is Sukanya Samriddhi Yojana, which is run by the Central Government. It gives guaranteed returns and its purpose is to provide financial help to the parents for big expenses like their daughter’s education and marriage.
Read Here: Volvo EX30 Electric SUV to Launch in India at Around ₹45 Lakh Soon
Start with just Rs 500 per month
The special thing about this scheme is that you can start by depositing only Rs 500 per month, i.e., Rs 6000 in a year. If you want, you can deposit more than this every month, but the maximum annual limit has been fixed at Rs 1.5 lakh. The account will be opened in the name of the girl child, and it can be opened in any bank or post office. The minimum limit of initial investment is only Rs 250.
How will a big fund be created?
According to the information, if a parent deposits Rs 500 every month for 15 years, then the total investment will be Rs 90,000. Including the interest received, this amount can reach approximately Rs 2.5 to Rs 3 lakh on maturity. This is the biggest strength of this scheme that a big fund can be created even from small savings.
Facility to withdraw money in between
When the daughter turns 18, then the facility of partial withdrawal is also available for studies. That is, if college fees or any other important expenses arise, then money can be withdrawn from the scheme at that time. The remaining amount remains deposited for 21 years, and interest continues to be received on it.
Sukanya Samriddhi Yojana has been designed for saving for the education and marriage of a daughter. This is a government scheme. Therefore, there is no risk of any kind in it. So do not panic at all to invest. On the other hand, there is no tax after maturity in the SSY scheme.