Sukanya Samriddhi Yojana is one of the ambitious schemes launched by the central government for the daughters of the country. By depositing a fixed amount every month into it, you can save a good amount for the education and marriage of the daughter. This scheme not only provides financial security for the future of daughters, but also plays an important role in empowering them. So, if you also want to lay the foundation of your daughter’s golden future, then Sukanya Samriddhi Yojana is a great option for you.
Get lakhs for daughter’s future by depositing just ₹ 500 every month
If you want, you can save a good amount for your daughter’s education and marriage by depositing ₹ 500 every month in the name of your daughter in the Sukanya Samriddhi Yojana. This small saving can create a big fund in the long term, which will prove helpful in realizing your daughter’s dreams.
In how many years does the Sukanya Samriddhi Policy mature
Sukanya Samriddhi Yojana matures in 21 years. However, money can be withdrawn from this account for studies after the daughter turns 18, but the full amount is available only after 21 years. This is a long-term savings scheme designed keeping in mind the big goals of daughters.
Where can you open a Sukanya Samriddhi Yojana account
Under the Sukanya Samriddhi Policy, an account can be easily opened in a post office or bank. For this, daughter’s birth certificate, parents’ identity card and address certificate and PAN card are required. It is very easy to open this account and you can go to the post office or bank as per your convenience.
How much will you get on maturity if you deposit ₹ 500 every month
If a person is depositing ₹ 500 every month for his daughter in Sukanya Samriddhi Yojana from 2021, then the total amount deposited by him in 15 years will be ₹ 90,000. On this, he will get interest of ₹ 1,87,103. That is, on maturity in 2042, he will get a total of ₹ 2,77,103! This small saving will become a big amount in the future.
How much money will be received on maturity if ₹ 1000 is deposited every month
At the same time, if a person deposits ₹ 1000 every month, then the total amount deposited by him in 15 years will be ₹ 1.80 lakh. On this, he will get an interest of ₹ 3,74,206. At the same time, the total amount received on maturity will be ₹ 5,54,206. This shows how much you can secure your daughter’s future with regular savings.
What is the minimum and maximum amount you can deposit in SSY
For investing in Sukanya Samriddhi Yojana, a minimum of ₹ 250 has to be deposited annually. At the same time, a maximum of ₹ 1,50,000 can be invested in this scheme. This scheme is suitable for both small and big investors.
How many SSY accounts can be opened in a family
Under Sukanya Samriddhi Yojana (SSY), accounts can be opened for a maximum of two daughters in a family. However, more than two accounts can be opened in a family with twins. By investing in the SSY scheme, you can also avail of tax exemption of up to ₹ 1.5 lakh if you wish. This scheme not only promotes savings but is also helpful in saving tax.