The days of worrying about your daughter’s future are over. Because this time the government has brought a scheme where you can easily earn good money by investing. The Government of India offers a variety of schemes designed to benefit its citizens. These initiatives cater to the diverse needs of the population, with a particular focus on promoting women’s empowerment.
Parents often find themselves concerned about the education and future of their children, especially their daughters. The anxiety about their daughters’ marriages can also weigh heavily on their minds, leading many to save money in advance for these purposes. If you have daughters and share these concerns, there’s no need to fret. We have information about a government scheme that can help alleviate your worries.
The Sukanya Samriddhi Yojana, launched by the Government of India in 2015, aims to secure the future of daughters. Through this scheme, parents or guardians can open an account for their daughters, which offers attractive interest rates.
With this initiative, you can start with a minimum investment of Rs. 250 and contribute up to Rs. 1.5 lakh annually. You have the flexibility to make deposits either as a lump sum or in installments.
Any family can open an account for their daughter if she’s under 10 years old. They can set up accounts for two daughters, and if the second one is a twin, they can even open an account for three daughters. This account stays active for 21 years. If a daughter gets married at 18, the account can be closed then. You need to invest in the account for 15 years, and it earns interest for 6 years without needing any additional deposits.
Desclaimer: For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.