Sukanya Samriddhi Yojana :The Government of India has launched Sukanya Samriddhi Yojana (SSY) to secure the future of daughters. By investing in this scheme, you can prepare funds up to Rs 70 lakh for your daughter's education and marriage. The scheme is completely safe and has an interest rate of 8.2%.
Sukanya Samriddhi Yojana: A great investment option
Sukanya Samriddhi Yojana (SSY) is a small savings scheme of the Government of India, especially for daughters. In this scheme, you can open an account in the name of your daughter and secure their future by investing regularly in it.
Investment process and benefits
Minimum Investment: In this scheme you can start investing from 250 per month.
Maximum investment: You can invest up to 1.5 lakh per year.
Period of investment: This scheme has to invest for 15 years.
Age of maturity: This account matures at the age of 21 years of daughter.
Interest Rate: This scheme currently gets an interest rate of 8.2%.
How to get a fund of 70 lakh rupees?
If you invest 12,500 per month in Sukanya Samriddhi Yojana in the name of your daughter, then there will be a total investment of 22,50,000 in 15 years. With the interest received on this investment, this amount will reach about 69.27 lakh at the age of 21, of which 46.77 lakh will be only in the form of interest.
Government guarantee and tax benefits
Sukanya Samriddhi Yojana is supported by the Government of India, which is completely safe investment in it. Apart from this, there is also a tax exemption under Section 80C of the Income Tax Act on the investment made in this scheme, making it even more attractive.
Sukanya Samriddhi Yojana is a great investment option, which creates a strong financial basis for your daughter's education and marriage. Starting from low investment, this scheme gives you good returns in the long term, so that you can make your daughter's future safe.
