After the birth of a daughter, parents start worrying about her marriage and education. For this reason, parents start collecting small amounts of money for her marriage or higher education right after her birth. Most people keep these savings in their bank account. However, the money deposited in the bank savings account does not get that good return. For this reason, you should invest your savings in a good scheme where you get good returns. In this episode, today we are going to tell you about a very great scheme of the government, which has been started especially to secure the future of daughters. The name of this scheme is Sukanya Samriddhi Yojana. Sukanya Samriddhi Yojana is a small savings scheme of the government. In this scheme, you can raise a good amount of money by investing for the long term.
At present, you are getting an interest rate of 8.2 percent 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 annually in the name of daughters.
In Sukanya Samriddhi Yojana, you can open an account for girls below 10 years of age. The maturity period of this scheme is 21 years after opening the daughter's account or after 18 years of marriage.
Under Sukanya Samriddhi Yojana, a maximum of 2 accounts can be opened in a family. If twin daughters are born in your family after one daughter, then you can also open their account in Sukanya Samriddhi Yojana.
To open an account in this scheme, you will need documents like daughter's birth certificate, parents' address proof etc. Sukanya Samriddhi Yojana is quite popular in the country. Many people are investing in this scheme.
(PC: ISTOCK)
