Want to secure the future of your daughter? Then here is great news for you. Because, the Sukanya Samriddhi Yojana launched by the Central Government is now offering a big offer. Prime Minister Narendra Modi recently said that more than 4 crore accounts have already been opened in this scheme and Rs 3.25 lakh crore has been deposited in it. It is known that if you invest here for 25 years, you can get Rs 72 lakh. Now how are you thinking? Read the report to know more.
What is this Sukanya Samriddhi Yojana?
Let us inform you that this is a small savings scheme launched by the Central Government, which is especially suitable for girls. It is part of the ‘Save the Girl Child, Educate the Girl Child’ campaign. Parents or guardians can open an account in the name of their daughter in this scheme. Money can be obtained from here when the girl turns 21. The main objective of the government behind bringing this scheme is to create funds for the education of girls, provide financial security for marriage and reduce the financial burden on the family. Needless to say, currently this scheme is being given at the rate of 8.2%.
How much money can you invest?
Here you can invest a minimum of Rs 250 per year and a maximum of Rs 1.5 lakh per year. You will have to continue investing for approximately 15 years, and the account tenure will be 21 years. You can deposit the money at once or in multiple installments. And the biggest thing is, taxpayers who have opted for the old tax regime will get tax exemption under Section 80C of the Income Tax Act on investing in this scheme.
How to accumulate Rs 72 lakh?
If you can deposit Rs 1.5 lakh every year for your daughter since birth, you will have a large fund for your daughter after 21 years. Yes, if you deposit Rs 15 lakh every year and invest it for 15 years, the total investment will be Rs 22,50,000 at maturity, of which you will earn Rs 49,32,319 from the total interest at the rate of 8.2% (now you will get Rs 71,82,119 at maturity).
The idea here is simple: if you invest Rs 22.5 lakh and generate Rs 72 lakh in return, and in this case, you can continue the scheme for an additional 6 years, even when the deposit is closed, after 15 years. So, if you want to secure your daughter’s future, invest in this scheme today.