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Home Sukanya Samriddhi Yojana will provide interest of Rs 37.68 lakh, know how?
Posted inBusiness, latest news

Sukanya Samriddhi Yojana will provide interest of Rs 37.68 lakh, know how?

Avatar photoby Snehlata SinhaOctober 10, 2024
ssy update
ssy update

Many types of facilities are being run by the central and state governments to make daughters self-reliant. Everyone is working on the mission of Beti Bachao and Beti Padhao. Meanwhile, if a daughter is born in your family, then do not worry at all. Not only this, if twin daughters are also born in your house, then you can get a lump sum fund.

You will also get so much fund that you will be relieved from the tension of daughter’s marriage. The name of the scheme started by the government is Sukanya Samriddhi Yojana. Daughters will get bumper benefits from this scheme, which is enough to win everyone’s heart. Daughters will get the benefit of bumper interest in Sukanya Samriddhi Yojana. There has been no change in the interest rates on Sukanya Samriddhi Yojana on October 1. You can take advantage of the opportunity easily.

Big update related to Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana run by the central government is like a boon for daughters. There has been no change in interest rates for the third quarter of the financial year 2024-25. In this way, the government has not made any change in the interest rates for three quarters. Last year, the rates of some schemes were changed for the fourth quarter of 2023-24.

At present, daughters associated with Sukanya Samriddhi Yojana are getting the benefit of 8.2 percent interest on investing. To join this scheme, the age of the daughter should not be more than 10. You can connect the daughter to the scheme even before 10 years.

In this, you can invest a minimum of Rs 250 to a maximum of Rs 1.50 lakh annually. As per the rules of the scheme, you can invest in it till the age of 15 years. Tax exemption is also provided on the interest and principal amount of the investment made in the scheme.

You will get a strong fund

Daughters are getting strong benefits in Sukanya Samriddhi Yojana. If your daughter is 5 years old and you invest Rs 10,000 every month, then you will get Rs 1.20 lakh annually. Your investment in this will become Rs 17.93 lakh in 15 years. At the rate of 8.2 percent annual interest, you will get a huge fund of Rs 55.61 lakh after 21 years. Talking about interest, you will get a profit of Rs 37.68 lakh. This news has been published on the basis of News 18 portal.

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Tagged: Change In Sukanya Samriddhi Yojana, Rule Change, Rule Change In SSY, SSY account, SSY calculation, SSY Calculator, SSY SCHEME, Sukanya Samriddhi Yojana, Sukanya Samriddhi Yojana interest rate 2024
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Snehlata Sinha

SnehlataSinha@timesbull.com

I began my journey in media with Radio Dhamal, where I honed my skills in radio broadcasting. After that, I spent two years at News24 and E24, gaining valuable experience in news reporting and journalism.... More by Snehlata Sinha

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