Post Office Scheme: We are telling you about one such Post Office Scheme, which can give you or your family a big amount. In this, you can deposit about Rs 70 lakh by saving Rs 400.
Post Office Scheme: Many government schemes are operated under the post office, which can generate good returns without risk on maturity. But it is important to invest by saving well. Often people start investing with very little money in small savings schemes of Post Office, due to which they are not able to get a big amount. However, if they start investing with the right amount, then they can get a good profit in the coming time.
We are telling you about one such Post Office Scheme, which can give you or your family a big amount. This scheme of post office is Sukanya Samriddhi Yojana. Currently, 8.2% interest is being given under this scheme and this scheme is tax free.
How much can be deposited every year?
You can open this scheme in the name of your daughter and can take care of her expenses from education to marriage. You can invest an amount of Rs. 250 to Rs. 1.50 lakh annually in Sukanya Samriddhi. You can open this account for your daughter who is below 10 years of age. In this, accounts of maximum two girls can be opened from one family. But if there are twins, then accounts of 3 girls can be opened.
Deposits can be made in this till the completion of maximum 15 years from the date of opening the account. If at least Rs. 250 is not deposited in the account in any financial year, then the account will become default and it can be opened again only within 15 years.
When can the money be withdrawn?
Parents can operate the account before the daughter turns 18 years old, but money can be withdrawn from this account after the daughter turns 18 or after passing 10th. Withdrawals can be made in lump sum or in installments not more than once every year.
When will maturity be completed
This account will mature after 21 years from the date of opening the account, but deposits will have to be made only for 15 years. Apart from this, its maturity can be completed at the time of the daughter’s marriage after she turns 18 years old.
Rs 400 to Rs 70 lakh!
If you open this account in the name of your daughter and want Rs 70 lakh after maturity, then first of all you have to save about Rs 400 every day, which will become Rs 12500 per month i.e. Rs 1.5 lakh will be deposited in a year. Now start investing 1.5 lakh rupees annually from the age of your daughter when she is 5 years old.
After maturity i.e. after 21 years, a total of 69,27,578 rupees will be deposited in your daughter’s name. Remember that you have to invest only for 15 years. In this, you will earn 46,77,578 rupees from interest only and the total investment will be 22,50,000 rupees.
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