Only a few days are left for Diwali. If a daughter has been born in your house recently, then you can start investing in Sukanya Samriddhi Yojana in the name of your daughter on the auspicious occasion of Diwali. Sukanya Samriddhi Yojana is a great scheme run by the government to secure the future of daughters. At present, you are getting an interest rate of 8.2 percent on investing in Sukanya Samriddhi Yojana.
This scheme was started by the government in the year 2015. By opening an account in Sukanya Samriddhi Yojana, you can raise a good amount of money for your daughter's marriage or her education. You also get many great benefits by investing in this scheme. In this episode, let us know about this scheme in detail -
In Sukanya Samriddhi Yojana, you have to open your daughter's account before she turns ten years old. In this scheme, parents have to invest in the name of their daughter for a total of 15 years. After this, there is a lock-in period of 6 years.
You do not have to make any kind of investment in the lock-in period of 6 years. You can withdraw 50 percent of the maturity amount after your daughter turns 18. The maturity period of this scheme is 21 years.
The most special thing about Sukanya Samriddhi Yojana is that you also get income tax exemption on investing in it. In this scheme, you can invest a minimum of Rs 250 and a maximum of Rs 1.5 lakh annually.
The process of opening an account in Sukanya Samriddhi Yojana is quite easy. To open an account, you have to visit your nearest post office or bank. On the auspicious occasion of Diwali, you can open your daughter's account in this scheme.
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