Post Office Scheme: If you are the father of a daughter, then you will be very worried about her future. But we are going to tell you about a scheme which can be very special for your daughters. Actually, we are talking about the scheme of the post office, which gives strong returns,
Let us tell you that there are many such schemes of the post office, which give good returns with low investment. Sukanya Samriddhi Yojana is also included in them. This has been started by the government under the Beti Padhao, Beti Bachao campaign. The purpose of this scheme is to empower the future of daughters. Especially for their education and marriage.
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How much can you invest?
Let us tell you that in this scheme, a minimum of Rs 250 to a maximum of Rs 1.5 lakh can be invested every year. If a parent deposits about Rs 12,500 every month, then after 21 years, about Rs 69 lakh 32 thousand can be deposited in this account.
Know about the Sukanya Samriddhi Scheme
According to the information, the SSY scheme is a government savings scheme, which is specially designed for the education and marriage of daughters. By investing in this account, you get an income tax exemption under Section 80C. Along with this, you also get compound interest on the amount deposited in this account, which is income tax-free after the account matures. This account can be opened in Indian post offices and many authorized banks, and it can be opened only in the name of a daughter below 10 years of age.
How to open an account in the Sukanya Samriddhi Scheme
Let us tell you that there is no need to worry about opening an account in the SSY scheme. For this, you can go to any post office or bank and fill out the form to open a Sukanya Samriddhi account. For this, you will have to submit the necessary documents like the girl child’s birth certificate, parents’ identity proof, and residence certificate.
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Know when you will get the money
When the girl child of the account holder turns 18 years old or after passing 10th class, 50% of the amount can be withdrawn from the account, which can be used for her education or marriage. This is a government scheme, so it gives guaranteed returns. In this way, this scheme is better than other schemes.
According to the information, this account matures after 21 years of opening an account in the SSY scheme. In such a situation, a good amount of funds is accumulated from the amount deposited in the scheme. If you want more information about the SSY scheme, you can do so by visiting the nearest post office.