PC: Digit Insurance

The Government of India is running many schemes for the prosperity and empowerment of daughters. Among these, Sukanya Samriddhi Yojana is the most popular. Parents can open an account under Sukanya Samriddhi Yojana for any girl child below 10 years of age. Notably, the scheme matures when the girl turns 21, but the investment should be made only for 15 years.

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Sukanya Samriddhi Yojana offers both guaranteed interest and compound interest. Currently, this scheme offers an 8% interest rate. In this scheme, you can deposit a minimum of Rs 250 annually, while the maximum limit is Rs 1.5 lakh. If you open an account in your daughter's name soon after her birth, you will have a significant amount accumulated by the time she turns 21. This amount can be used for his future education or even his marriage.

PC: Digit Insurance

To open an account in your daughter's name, you will have to go to the bank or post office. If you have already opened an account and are depositing funds annually, you can easily check the balance online. To do this, follow these steps:

You can check your Sukanya Samriddhi Yojana account balance online while sitting at home.

Use the net banking facility of your bank to log in with your username and password.

Once you've logged in, you'll see a list of all your existing accounts on the dashboard.

Look for the "Account Statement" option.

Click on that option.

A list of all your accounts will appear. Click on Sukanya Samriddhi Account Number.

As soon as you click, the current balance in the Sukanya account will be displayed on the computer screen.