Sukanya Samriddhi Scheme: Make your daughter’s future bright by investing Rs 250 in this scheme, know the details

Sukanya Samriddhi Scheme: Nowadays parents are most worried about the future of their children. Many Indian families start saving for their daughter’s future as soon as she is born. In view of this situation, the Government of India has started the Sukanya Samriddhi Scheme. Parents can make their daughter’s future better with this government scheme. However, remember that this scheme is only for the girls of the country.

In this government initiative, you can invest only Rs 250 for about 15 years. Please give us complete information about the Sukanya Samriddhi Scheme so that you can take full advantage of it.

Sukanya Samriddhi Yojana (SSY): What is it?

We started the Sukanya Samriddhi Scheme with the intention of helping women. The government started this program to empower all the daughters of the country. The specialty of this scheme is that if the girl is 10 years old, then her parents can easily open an account under Sukanya Samriddhi. After opening the account, you can invest in it in the name of your daughter for a period of 15 years.

Additionally, this scheme has a fixed maturity period of 21 years. The most special aspect of this program is that its maximum annual investment is Rs 1.50 lakh, and you can deposit just Rs 250. You will continue to get interest on your investment till the maturity of the scheme.

There will be more than 46 lakhs in Sulabh Nidhi

Under this system, a daughter can deposit up to one lakh rupees in a year, which will be placed in an account maturing after 21 years, totaling Rs 46,18,385. According to the calculation, the total amount invested is Rs 15,00,000, which includes interest up to Rs 31,18,385. This is the ideal scheme for daughters. Because it provides fixed and guaranteed benefits instead of any risk.

Eligibility for Sukanya Samriddhi Scheme

• Account in the name of a girl child: Only the parents or legal guardians of the girl child can open this account in her name.
• Age restriction: The girl child must be below ten years of age at the time of opening the account.
  The girl child can open only one account in her name.
• A family can open a maximum of two Sukanya Samriddhi accounts.
• Under certain exceptional circumstances, a family can open more than two accounts.
• You can open a third account if a girl child is born first, followed by twins or triplets.
• Additionally, you can open a third account if you’ve already given birth to triplets.
• Please be aware that you cannot open a third account if a girl child is born after twins or triplets.

What makes this scheme special?

• Government guarantee: It is safe, as it is a government-backed program.
• Tax benefits: Under Section 80C, the amount invested, the interest received, and the maturity amount are all exempt from taxes.
• High interest rate: This rate is higher than other savings schemes.

Required Documents

• The girl must have a birth certificate to avail herself of the benefits of this program.
• In addition, the girl’s guardian’s identity card, Aadhaar card and driving license must be present.
• In addition, proof of address (such as an electricity bill or ration card) is required.
• Voter ID Card and KYC Documents PAN.

What is the Sukanya Samriddhi Scheme Application Process?

• Any approved post office or public or private bank (including SBI, PNB, HDFC, ICICI, etc.) can open an SSY account.
• You can get the SSY application form in person at any bank branch or download it online from the bank or post office website.
• Next, send a copy of the form along with all the papers and all the required information to the nearest post office or bank branch.
• First deposit details (Give check/DD details)