If you want to protect your daughter’s future, then know 5 things, there will be no worry at the time of marriage

03 New Delhi. Everyone wants to protect their daughter’s future financially. The Central Government started Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana) for this. At which presently, interest on SSY is available at the rate of 7.6 percent. It is one of the small investment schemes run by the central government. Apart from this, Public Provident Fund (PPF) for Central Government Savings, Post Office Monthly Income Scheme Account, 5 Year Post Office Recurring Deposit Account, Senior Citizen Savings Schemes, National Savings Certificate (NSC), Post Office Savings Account, Kisan Vikas Patra And the post office also runs the time deposit scheme. To take advantage of Sukanya Samriddhi Yojana, the girl’s age should be less than 10 years. Minimum 250 rupees and maximum 1.5 lakh can be deposited in it. The central government revises the interest rate on this every quarter. A special feature of this scheme is that tax exemption on investment is also available in it. In such a situation, you can also financially secure your daughter’s future by investing in this scheme. Let’s know 5 special things about this scheme. Also read: Important information for SBI customers! Do not share these numbers with anyone, otherwise… 1. At present, the investment in Sukanya Samriddhi Yojana gets an interest of 7.6 percent per annum. This is the second highest interest rate on any of the small savings schemes by the government. The government announces the interest rate every year for the current financial year, which is compounded annually. The lowest amount till the 5th of every month is the monthly interest on that amount.2. The maturity of the investment in this scheme (Maturity of SSY) is 21 years. During the daughter’s marriage, the amount invested in this scheme can be withdrawn. It should be kept in mind that the daughter, in whose name this investment has been made, should be at least 18 years old at the time of marriage. At the same time, for the higher education of the daughter, even after the age of 18, some amount can be withdrawn before the investment matures. This amount should not be more than 50 percent of the total amount at the end of the last financial year. This account can be invested for 14 years from the date of opening. 3. After this account matures, you can spend this amount for your daughter. This amount, in whose name it is open, will be credited to the same account after the maturity of the amount invested and the interest received on it. Even after maturity, interest continues to accrue on the amount deposited in this account, which is not available in other savings schemes. This interest continues till this account is closed. Also read: Indian Railways: Railways canceled more than 1 dozen trains from today, changes in timings of many, check the complete list here
4. This scheme is also the best scheme in terms of tax exemption. Under Section 80C of the Income Tax Act, no tax is payable on the investment made in this scheme. Even on interest, no tax is payable during withdrawal. The scheme also provides tax benefits on interest earned, contributions, and time of withdrawal. 5. One special thing of Sukanya Samriddhi Yojana is that operating this account is also very easy. You can also open this account with a minimum investment of Rs 250. However, you have to keep in mind that this amount should not exceed Rs 1.5 lakh per annum.

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