New Delhi: If you also have a little kid or girl in your home, the need of cash for her schooling, marriage can be handily met now. For this you need to put resources into Sukanya Samriddhi Yojana.
An account can be opened for a little girl underneath the age of 10 years under Sukanya Samriddhi Yojana. You can make a corpus of Rs 15 lakh by saving Rs 100 every day and Rs 65 lakh by saving Rs 416 for your girl, which will be helpful for her better future.
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a small saving funds plan of the central government for girls. Which has been sent off under the Beti Bachao Beti Padhao plot. Sukanya is the health rate scheme in small investment funds plot.
How to open Account?
In this plan, any individual can open a account for his two girls. The account under Sukanya Samriddhi Yojana can be opened after the introduction of a young girl before the age of 10 years with a minimum deposit of Rs 250.
Where will the account be opened?
Account under Sukanya Samriddhi Yojana can be opened in any approved part of any mail center or business branch. At 21 years old, girls can withdraw cash from this account.
What amount would you be able to contribute?
Under Sukanya Samriddhi Yojana in the current financial year, you can deposit up to 1.5 lakh rupees every year. As of now, it is getting 7.6 percent premium. In this plan, the sum will double in 9 years and 4 months.
Know how to get 65 lakh rupees?
>> Assuming you put Rs 3000 consistently in this plot for example Rs 36000 yearly, you will get Rs 9,11,574 following 14 years at 7.6 percent yearly compounding.
>> 21 years for example on maturity this sum will associate with Rs 15,22,221. That is, in the event that you save Rs 100 every day and deposit it, you can make an asset of Rs 15 lakh for the girl.
>> Simultaneously, by setting aside to Rs 416 every day, you can add 65 lakh rupees.
How long will this account proceed?
Subsequent to opening the Sukanya Samriddhi Yojana account, it tends to be gone on till the young lady youngster achieves the age of 21 years or till she gets hitched after the age of 18 years.
