Sukanya Samriddhi Yojana Calculator: Many types of savings schemes are being run for the bright future of daughters. Along with the Central Government, governments of different states are also running various schemes for daughters. Here we will learn about the most popular government scheme for daughters – Sukanya Samriddhi Yojana. This is a wonderful scheme run by the Central Government, which was launched in the year 2015 during the first term of Prime Minister Narendra Modi. Under this scheme, daughters are getting bumper interest of 8.2 percent. Let us tell you that daughters do not get this much interest in any other scheme in the country.
At least Rs 250 has to be invested in a year
Sukanya Samriddhi Yojana is a completely tax-free scheme. You do not have to pay a single rupee tax on the income earned from this. Under Sukanya Samriddhi Yojana (SSY), only the account of a daughter below 10 years of age is opened. At least Rs 250 has to be deposited every year in the SSY account. Under this scheme, you can deposit a maximum of Rs 1.5 lakh in a year in the name of your daughter. In this scheme, investment has to be made in the name of the daughter for 15 years. Under the scheme, an account opened in the daughter’s name matures after 21 years from the date of account opening. If your daughter has turned 18 years old and you have to get her married, then also you can close your daughter’s account, after which all the money is transferred to your daughter’s bank account.
Rs 69,27,578 will come to daughter’s account
Under Sukanya Samriddhi Yojana, accounts can be opened only for maximum 2 daughters of a family. However, in families where there are twin daughters, accounts can be opened for more than two daughters. You can open Sukanya Samriddhi account in the name of your daughter in any bank or post office of the country. If your daughter is currently 1 year old and you open your daughter’s account under Sukanya Samriddhi Yojana this year, then your daughter can get Rs 69,27,578 when the account matures, for this you will have to invest Rs 1,50,000 every year for 15 years. That means, you will have to save Rs 12,500 every month for the bright future of your daughter.
SK Sharma is a content writer who writes on news, entertainment, and lifestyle topics. She has over four years of experience and is known for conveying information in simple and clear language.
