What the Sukanya Samriddhi Yojana is and how it can take full advantage of it?
Which will create a fund of more than Rs. 60,000,00 in the name of the daughter.
This information will be in terms of investment-learn how to get a daughter in the Sukanya Samriddhi Yojana more than Rs 60,000,00
- Learn how to get a daughter in the Sukanya Samriddhi Yojana more than Rs. 42,000,00
- Learn how to get a daughter in the Sukanya Samriddhi Yojana more than Rs 21,000,00
Sukanya Samriddhi Yojana the Sukanya Samriddhi Yojana (SSJ) account can be opened in any post office or bank in the country. PM Narendra Modi launched the Sukanya Samriddhi Yojana in the year 2015. At that time, more than 8 per cent interest was being paid under the scheme, but at present the Sukanya Samriddhi Yojana is getting 7.6% interest.
The account of the Open Sukanya Samriddhi Yojana needs to go to any bank or post office and fill a form. Then, in the name of your daughter, the Sukanya Samriddhi Yojana account opens. With this form you have to give her berth sartificate as proof of your daughter’s age.
The Modi government had launched a good scheme of savings in the name of daughters. But most people are not aware of the scheme. So, the Modi government’s Sukanya Samriddhi Yojana is not getting the full benefit of the people. Under this scheme, people can open this account in the name of their 2 daughters. However, if there are other twin daughters, the Sukanya Samriddhi Yojana can also be opened in the name of a maximum of 3 daughters. The Sukanya Samriddhi Yojana is currently getting the highest interest in the country. In addition, the scheme also gives exemption of income tax on depositing money in the name of daughters.
What documents are needed in opening the account of Sukanya Samriddhi Yojana?
You have to give your identity documents to the Parents for the Sukanya Samriddhi Yojana. These documents can have any of pan cards, ration cards, driving licences, passports. In addition, parents are also required to give documents for proof. It has to provide documents like driving licences, passports, electricity bills or ration cards.
As soon as the Sukanya Samriddhi Yojana account opens, passbook as soon as the bank or post office opens an account under the Sukanya Samriddhi Yojana after verification of your documents, it will provide you with a passbook. This account then starts, which lasts till the age of 21 of your daughter. Then you can withdraw all this money.
Know 6 key points related to Sukanya Samriddhi Yojana?
- First, 50 per cent of the money can be withdrawn for higher education when the daughter is 18 years old from the Sukanya Samriddhi Yojana account.
- Secondly, under the Sukanya Samriddhi Yojana, accounts can be opened up to 3 daughters.The account opens at a minimum of Rs 250, but you can deposit up to a maximum of Rs 150,000 in a financial year in all Sukanya Samriddhi Yojana accounts.
- Thirdly, the interest rates in the Sukanya Samriddhi Yojana vary from time to time. But at present, 7.6% annual interest is being paid under the Sukanya Samriddhi Yojana.
- Fourthly, income tax exemption can also be availed under section 80 C of income tax on depositing money under Sukanya Samriddhi Yojana.
- Fifthly, the Sukanya Samriddhi Yojana can be shifted from one bank to another and from one post office to another. Not only that, the Sukanya Samriddhi Yojana account can also be shifted from the bank to the post office and the post office to the bank. Thus, the Sukanya Samriddhi Yojana account can be transferred anywhere across the country. No fee is payable on shifting of Sukanya Samriddhi Yojana.
- The sixth thing can be closed after 5 years of opening the Sukanya Samriddhi Yojana account.
How much money will be paid on an annual deposit of Rs 1 lakh in the Sukanya Samriddhi Yojana
You can open an account at the age of 1 year in the name of your daughter. Then deposit Rs 100,000 every year in this Sukanya Samriddhi Yojana account. If your daughter is 1 year old in 2021, it will be completed in the Sukanya Samriddhi Yojana account 2042. If the interest rates remain at 7.65%, your daughter will get about Rs 42,430,00 on completion of the account. While you will invest Rs 15,000,00 in total during this 21 years, you will get around Rs 27,430,00 as interest. Thus, your daughter will get Rs 42,430,00 together.
How much money will be paid on an annual deposit of Rs. 50,000 in Sukanya Samriddhi Yojana
You can open an account at the age of 1 year in the name of your daughter under the Sukanya Samriddhi Yojana. Then deposit Rs 50,000 per year in this Sukanya Samriddhi Yojana account. If your daughter is 1 year old in 2021, it will be completed in the Sukanya Samriddhi Yojana account 2042. If the interest rates remain at 7.6%, your daughter will get about Rs 21,210,00 on completion of the account. While you will invest Rs 750,000 lakh in total during this 21 years, you will get around Rs 13,710,00 as interest. Thus, your daughter will get Rs 21,210,00 together.
If you want to do so, it can happen only under the following circumstances. The Sukanya Samriddhi Yojana can be closed in the middle of a dangerous disease or if there is any other problem. However, the interest is paid only in terms of savings account.
Know how to get a daughter more than Rs 60,000,000 under the Sukanya Samriddhi Yojana?
You can open an account at the age of 1 in the name of your daughter. Then deposit Rs 150,000 every year in this Sukanya Samriddhi Yojana account. If your daughter is 1 year old in 2021, it will be completed in the Sukanya Samriddhi Yojana account 2042. If the interest rates remain at 7.6%, your daughter will get about Rs 63,650,00 on completion of the account. During this 21 years, where you will invest Rs 22,500,00 in total, you will get about Rs 41,150,00 lakh as interest. Thus, your daughter will get Rs 63,650,00 lakh together.
