Sukanya Samriddhi Yojana: You will get Rs 74 lakh on depositing Rs 1000, know the complete details

To improve the future of daughters, the central government and the state government jointly run schemes, one of them is Sukanya Samriddhi Yojana. Many people will know about this scheme, but there are many people who are not aware about it. So, in this article we give you complete details about this scheme.

What is Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana is a scheme started for the daughters of the country. Under this scheme, investments are made for daughters. Yes, after joining this scheme, people have to deposit some amount every year for their daughters. And when the maturity period is completed, they will be given their amount as per the fixed interest rate. For this, it is necessary that an account be opened in the name of daughters in a bank or post office.

Deposit amount in Sukanya Samriddhi Yojana

Under this scheme, after opening the account, in the first financial year, at least Rs 250 is deposited in the account opened in the name of daughters. And the total amount deposited in the entire financial year is up to Rs 1.50 lakh. You can deposit money every month or once in a year by choosing the option as per your choice. For example, let us understand that if you deposit Rs 1,11,400. So after completion of maturity period for your daughter, Rs 50 lakh will remain in the account. Under this scheme, investment has to be made for a total of 15 years.

Interest in Sukanya Samriddhi Yojana

The government has fixed an interest rate of 8% on the amount deposited in Sukanya Samriddhi Yojana, and on the basis of that they get returns.

Benefits from Sukanya Samriddhi Yojana

1. Under this scheme, for the accounts to be opened in the name of girls, it is necessary that the age of the daughter should be less than 10 years.
2. The most special thing about this scheme is that it is a scheme run by the Central Government, hence the money will be 100% safe in it.
3. This scheme launched by the Central Government is the scheme in which the highest interest is available, which is 8%.
4. When the daughter crosses the age of 18 years, she will be eligible to open and maintain her own account.
5. After the daughter turns 18, she can withdraw up to 50% of the amount and use it for her education.

Sukanya Samriddhi Yojana Eligibility

• Under Sukanya Samriddhi Yojana, the bank account or post office account will be opened only in the name of the daughter and it can be opened by the legal guardians or by the parents only.
• When the account is opened in the name of the daughter, her age should be less than 10 years, and investment is to be made under this scheme only till 15 years.
• The daughter should not have any other account in the bank, if this happens then she will not be eligible for this scheme.
• This scheme can be availed only for two daughters of a family, but if there are twin daughters, then in such a situation the account can be opened in the name of three daughters.

Documents required in Sukanya Samriddhi Yojana

• daughter’s birth certificate
• Aadhar card or PAN card of parents
• Address proof
• mobile number

How to open an account in Sukanya Samriddhi Yojana

• To open an account, first of all you have to collect photocopies of all the documents with you.
• After this, you will have to go to your nearest bank branch or post office with all the documents.
• Here you will get the application forms made for investing in Sukanya Samriddhi Yojana. You have to fill it.
• After filling all the information, you have to attach copies of all the necessary documents.
• You have to check it once whether everything is correct or not, and then you have to submit this form there itself.
• So in this way Sukanya Samriddhi account can be opened in the name of daughters.

If you want to know about this scheme in detail then you will have to visit this link.