Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana

Even in today's date, those who consider daughters a burden and as soon as they are born are worried about their education and thinking about the money for their marriage, such people do not need to take much tension now.  Because under the “Beti Bachao Beti Padhao” campaign, “Sukanya Samridhi Yojana” has been started by the Central Government for the education and marriage expenses of daughters, through which you can easily bear the expenses of your daughter’s education and her marriage.  Will be able

 In “Sukanya Samridhi Yojana”, you can open an account in the post-office or authorized bank in the name of your daughter as soon as she attains the age of 10 years.  This account in the name of your daughter will come in handy when your daughter turns 21 years old.  If you want, you can also get it fixed for the future of your daughter.

If you have two daughters, then you can open this account in the name of both of you.  But this account cannot be opened for three people from the same family.  Yes, if you have twins children then you can open 3 accounts.  If you want, even after the daughter turns 18, you can withdraw 50% of your deposit for the daughter's education and her marriage.
If your daughter dies due to any reason before 21 years, then her  The account will be closed and the amount deposited in the account will be given to his family along with interest.  The interest rate announced by the government in the “Sukanya Samridhi Yojana” which was initially 9.2% was revised in 2017.

How to open Sukanya Samriddhi Yojana account?

At the time of opening the account under Sukanya Samriddhi Yojana, you will have to deposit a minimum of 1000 / -.

In this account you have to deposit from minimum 1000/- per year to maximum 1.5 lakh per year.

You will have to deposit the minimum amount in this account for 14 years from the date of account opening.

If the minimum amount is not deposited in the account, 50/- will be deducted from your account along with the minimum amount as penalty.

It is mandatory to give birth certificate, address proof and identity proof of the daughter at the time of opening the account.

The account will mature only after the daughter completes 21 years.

As soon as the daughter turns 10, she will be able to operate it herself and the entire amount of the account will also be in the name of the daughter.

This account will be exempted under section 80-G of income tax, in which the amount invested along with interest and maturity amount will also get tax exemption.

Money can also be deposited in this account by cash, check or demand draft (DD).  You can also make check and DD in the name of post master or bank branch.

Benefits of Sukanya Samriddhi Yojana

By opening an account in Sukanya Samriddhi Yojana, you will get an interest rate of 2%.  For example, if you deposit 1000 / - in the account per month, then in the whole 14 years you will have to deposit a total of 1,68000 / -.  With 9.2% interest rate, as soon as your daughter turns 21, you will get a total of 6,07,128/-.  That is, you will have a profit of 4,39,128 in total.

By opening an account under Sukanya Samriddhi Yojana, your money will not be taxed.

The amount received from this account will go a long way in helping you educate your daughter or get her married.

You can open a Sukanya Samriddhi account in any one of the following banks:-

  State Bank of India

  Andhra Bank,

  Allahabad Bank,

  Bank of Baroda,

  Bank of India,

  Corporation Bank,

  Dena Bank,

  Indian Bank,

  Indian Overseas Bank,

  Punjab National Bank,

  Syndicate Bank,

  UCO Bank,

  Oriental Bank of Commerce,

  Union Bank of India,

  United Bank of India,

  Vijaya Bank,

  IDBI Bank,

  Axis Bank

  ICICI Bank