Sukanya Samriddhi Scheme has been opened, deposit the account by tomorrow, otherwise you will have to pay the penalty!

new Delhi: Have you also opened a Sukanya Samriddhi account for your daughter? If this is the case then you only have time till tomorrow to deposit your money. If you deposit money after March 31, then you will have to pay a penalty. Explain that under this scheme, you can deposit at least 500 and maximum 1.5 lakh rupees for your daughter. By opening this account, you get a lot of relief from your daughter’s education and further expenses.

Let me tell you that even if this amount is not deposited, then it is considered a default account. In this case, this account becomes inactive. For this, again you will have to go to your bank, post office (wherever the account is opened).

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How much penalty is charged if the amount is not depositedIf a minimum of Rs 250 is not deposited every year, the account will be closed and can be revisited with a penalty of Rs 50 per year along with the minimum amount required for the deposit for that year. Reactivation can take place up to 15 years after the account is opened.

Will get around 15 lakh rupees
The new interest rates will come into force on 1 April 2021. If you invest Rs 3000 every month in this scheme, that is, after 14 years, after applying 36000 rupees, after 14 years you will get Rs 9,11,574 according to compounding of 7.6% per annum. This amount will be around Rs 15,22,221 at 21 years i.e. maturity.

How much will I get for depositing 12500?
Monthly investments of Rs 12500, you will get this amount of Rs 37,98,225, according to compounding of 7.6% per annum in 14 years. After this, for 7 years, this amount will yield 7.6 percent annual compounding. This amount will be around 63,42,589 rupees on 21 years i.e. maturity.

How long can this account be run?
After opening Sukanya Samriddhi Yojana account, this girl child can be run till the age of 21 years or her marriage after the age of 18 years. If a minimum deposit of Rs 250 is not deposited every year, the account will be closed and can be revived with a penalty of Rs 50 per year along with the minimum amount required for the deposit for that year. Reactivation can take place up to 15 years after the account is opened.

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All these documents will have to be given
To open an account under Sukanya Samriddhi Yojana, you will also have to submit your daughter’s birth certificate in the post office or bank along with the form. Apart from this, the identity card (PAN card, ration card, driving license, passport) of the child and parents and the certificate of where they are staying (passport, ration card, electricity bill, telephone bill, water bill) will have to be submitted.

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