If you are associated with any government scheme, then you must know what benefits are available in the scheme. Both the state and the center run many types of schemes. One such scheme is Sukanya Samriddhi Yojana. This scheme is run by the Government of India and the benefit of this scheme is given to daughters. In this scheme, you have to invest for your daughter and after that, you get a return. If you also want to invest in this scheme to secure your daughter's future, then you can get a return of up to one crore rupees in it. So let's know how much you have to invest for this and what return you get on it. You can know about this further...
How can you get one crore rupees?
If you also want to get one crore rupees after investing in Sukanya Samriddhi Yojana, then for this you have to understand how much and how you have to invest. If you deposit Rs 29,444 every month in this scheme (according to the current interest rate of 8.2 percent), then by doing this you will collect one crore rupees within 15 years.
If you deposit Rs 29,444 every month for 15 years, then the amount deposited by you in 15 years will be Rs 52 lakh 99 thousand 920. Whereas, you will get Rs 4,700,080 from the scheme as interest. In such a situation, by combining these two amounts, you will get a total of 1 crore rupees.
The scheme is tax-free
In this Sukanya Samriddhi Yojana, you get a rebate of up to Rs 1.5 lakh on the money invested annually under Section 80C of Income Tax.
The return you get in the scheme is not taxed.
The maturity amount received is also tax free.
Who and how can join the scheme?
You can open an account of your daughter below 10 years of age in Sukanya Samriddhi Yojana. Under the scheme, accounts of two daughters can be opened. The maturity period of the scheme is 21 years in which you have to invest for 15 years and it matures after 6 years. You are also given interest for the remaining 6 years. To join this scheme, you can go to the bank or post office.
(PC: ISTOCK)
