After the birth of a daughter, parents start worrying about her marriage and education. In such a situation, many parents start collecting some money and depositing it in the bank to secure their daughter's future. However, it is worth noting that in today's era, the pace of inflation is increasing rapidly, in such a situation, it is not wise to deposit savings money in the bank. You should invest your savings money in a good place. In this episode, today we are going to tell you about a very great scheme of the government, where by investing you can secure the future of your daughter. The name of this scheme of the government is Sukanya Samriddhi Yojana. This scheme is very popular in the country. Sukanya Samriddhi Yojana was started in the year 2015. By investing in this scheme, you are currently getting an interest rate of 8.2 percent.
In Sukanya Samriddhi Yojana, parents can open an account before their daughter turns 10 years old. In this scheme, the parent can invest for 15 years after opening the account of his daughter. After 15 years of investment, there is a lock-in period of 6 years.
You do not have to invest during the lock-in period. However, during this time you keep getting interest rate. Under Sukanya Samriddhi Yojana, you can withdraw 50 percent of the maturity amount after the daughter turns 18 years old.
At the same time, you can withdraw the remaining amount after the daughter turns 21 years old. You also get income tax exemption on investing in Sukanya Samriddhi Yojana. In this scheme, you can invest a minimum of Rs 250 and a maximum of Rs 1.5 lakh.
If you want to open your daughter's account in Sukanya Samriddhi Yojana, then the process of opening an account in this scheme is quite easy. You can easily open your account in this scheme by visiting your nearest bank or post office.
(PC: ISTOCK)
