People's interest in Sukanya Samrudhi Yojana has increased, investment of Rs 29,000 crore has increased in the last one year
In order to open an account, it is necessary to give the birth certificate of the daughter
Daughters from birth to 10 years of age can open an account under Sukanya Samrudhi Yojana
People's interest in the central government's Sukanya Samrudhi Yojana (SSY) has increased. According to the National Savings Institute, people have deposited Rs 1.05 lakh crore under the scheme by May 2021. At the end of May last year, the amount was Rs 75,522 crore. The amount invested in the scheme has increased by 40% in one year. People are choosing to invest in this scheme for their daughters because of the interest and tax exemption available in this scheme.
The account can be opened up to the age of 10 years of the daughter
Daughters from birth to 10 years of age can open an account under Sukanya Samrudhi Yojana. The scheme can be opened at any bank or post office. Sukanya Samrudhi Yojana is still earning 7.6% interest per annum. The account can be activated from Rs 250. A maximum of Rs 1.5 lakh can be invested in a year.
The account will mature after 21 years
After the daughter reaches the age of 21 years or after marriage, the account will mature and you will get Rs. After the age of 18, 50% of the child's expenses can be recovered from the Sukanya Samrudhi Yojana account. In order to open an account, it is necessary to give the birth certificate of the daughter.
The account can be closed even after 5 years
Account opening can be closed after 5 years. The customer can close his account due to emergency or any medical reason, but the interest will be paid as per the savings account.
Benefit from tax exemption
A maximum of Rs 1.5 lakh can be deposited under this scheme in the current financial year. Investment in Sukanya Samrudhi Yojana can be availed of tax exemption under Section 80C of the Income Tax Act. Under this, tax exemption of Rs 1.5 lakh per annum is available. Click here for more information.
Large funds can be easily deposited under the scheme
The Sukanya scheme is currently earning 7.6% interest. We are telling you how much money you will get on how much investment per month?
How much money will you get per month investment for 15 years How much money will you get for 20 years investment?
1 thousand rupees 3.34 lakh rupees 5.61 lakh rupees
3 thousand rupees. 10.02 lakh to Rs. 16.82 lakh
5 thousand rupees. 16.70 lakhs. 28.03 lakhs
10 thousand rupees 33.04 lakh rupees 56.06 lakh rupees
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(Note: This calculation has been done under a big estimate. The government reviews the interest earned on Sukanya every 3 months)
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