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HomePersonal FinanceSSY: Invest Rs 12,500 in Sukanya Samriddhi Yojana, you will get around...

SSY: Invest Rs 12,500 in Sukanya Samriddhi Yojana, you will get around Rs 70 lakh on maturity

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Sukanya Samriddhi Yojana: In today’s era of inflation, when education and marriage are becoming expensive, you can invest for your daughter in Sukanya Samriddhi Yojana.

The Government of India is implementing several excellent schemes to provide a better future for daughters in the country. Today, we will tell you about the government’s Sukanya Samriddhi Yojana. This scheme was launched with the aim of ensuring a bright future for daughters. The Sukanya Samriddhi Scheme is an investment plan that is completely safe from an investment perspective.

Investing in this scheme provides guaranteed returns. You can invest now for your daughter’s marriage or education and accumulate a substantial corpus for the future. In today’s inflation-driven era, when education and marriage are becoming increasingly expensive, investing in the Sukanya Samriddhi Yojana can help you secure a substantial future for your daughter. Let’s learn more about this scheme.

Investing in the Sukanya Samriddhi Yojana currently offers an interest rate of 8.2 percent. If your daughter is under 10 years old, you can invest in this scheme by opening an account in her name. You can invest a minimum of ₹250 and a maximum of ₹1.5 lakh per year under this scheme.

After opening an account under this scheme, you must invest for 15 years. The account matures after 21 years. If you, too, want to invest ₹12,500 and accumulate approximately ₹70 lakh for your daughter’s wedding, let’s understand the investment math in detail.

To begin with, you must first open an account for your daughter under the Sukanya Samriddhi Yojana. After opening the account, you must save ₹12,500 per month and invest ₹1.5 lakh annually. This investment will last for 15 years.

Calculated at the current interest rate of 8.2 percent, you will receive approximately ₹69,27,578 at maturity. This money will help brighten your daughter’s future. You can use this money for her higher education and marriage.

Deepak Kumar
Deepak Kumar
Deepak Kumar has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @deepakmaurya152004@gmail.com
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