Sukanya Samriddhi Yojana: Parents worry a lot about their children’s future. That is why they make good arrangements for them in advance. Parents worry more about their daughters than their sons. They have to provide them with good education. They have to get them married. A lot of money is needed for all this.
In such a situation, many parents invest in different schemes. There is one such scheme for daughters. After investing in it, you will not have to worry about the future of your daughter. How will you get benefits in this scheme? How much can be invested? What is the application process in this? Let us tell you.
Your daughter’s future will be secure
The aim of Sukanya Samriddhi Yojana launched by the Government of India is to secure the future of daughters. To provide them good education. And to make them financially capable. An account can be opened in Sukanya Samriddhi Yojana for any daughter below 10 years of age.
This scheme is opened by the parents. The minimum amount deposited in the scheme is Rs 250 and the maximum amount deposited is Rs 1.5 lakh. It is mandatory to invest in the scheme for 15 years. A good amount of interest is also given on the investment amount. This secures the future of daughters.
You will get 8.2 percent interest
Usually when people invest in a scheme, first of all they check how much interest is given in the scheme. Even in FD, people do not get as much interest as is given in this Sukanya Samriddhi Yojana. Let us tell you that currently interest is being given at the rate of 8.2% in Sukanya Samriddhi Yojana.
Eligibility to apply
To open an account in this scheme, the daughter and her parents must be residents of India. Along with this, to open an account in this scheme, the age of the daughter must be less than 10 years. Only one account can be opened in the name of a daughter under this scheme. So, only two daughters of a family can have an account opened under this scheme.
What are the benefits?
After opening an account in the scheme, it is necessary to invest in it for 15 years. If the daughter needs money after turning 18, for studies or for any work, she can withdraw up to 50% of the amount available in the scheme. Money can be withdrawn in this way only five times in the scheme. On the other hand, if you have to get your daughter married after the age of 18, then you can close the scheme and withdraw the entire amount deposited in the account.
How to apply?
If you want to open an account under Sukanya Samriddhi Yojana, you can go to your nearest bank branch or post office branch and get the form related to the scheme. You can fill the form and submit it along with all the relevant documents. After opening the account, you can invest in it annually.
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