Sukanya Samriddhi Yojana: New schemes have been introduced by the central government to brighten the future of the daughters of the country. This includes Sukanya Samriddhi Yojana. This scheme was started under the Beti Bachao Beti Padhao campaign. Under the SSY scheme, parents can open an account in the name of their daughter. If you can deposit a good amount of funds for your daughter under this scheme. Let us know how to open an SSY account.
Let us tell you that this is a long term savings scheme, investing in this scheme in the name of the daughter gives a good amount of funds. In this scheme, interest is being provided at the rate of 8.2 percent on investment. If you are thinking of investing in this scheme in the name of your daughter, then you can open an account by going to the nearest post office branch.
You can open an account with just Rs 250
In the SSY scheme, any parent can open an account for their daughter at the age of 10 years. The special thing about this scheme is that you can open the account of only two daughters in it. On the other hand, if you have twin daughters, then you can open the account of all three. At the same time, you can invest a minimum of Rs 250 in the SSY scheme. You can invest a maximum of Rs 1.5 lakh.
For how long will you have to invest
The maturity of the SSY scheme takes place in 21 years. If you start investing now in 2024, then you can mature the scheme by 2045. After this, you have to invest for 15 years. At the same time, you do not have to invest at all for 6 years. In this scheme, you get benefits on the basis of compound interest.
How much return will you get on investing just Rs 2 thousand
If parents open an account in the name of their daughter, then if they invest Rs 2 thousand monthly in the SSY scheme, then in a year, Rs 24 thousand gets deposited in your account. In this way, if you invest for 15 years, then your total investment becomes 3 lakh 60 thousand rupees. You get interest at the rate of 8.2 percent on this investment. After this, on maturity of 21 years, you will get a total of 11 lakh 8 thousand 412 rupees. In this, the income from interest alone is Rs 7,48,412.