Sukanya Samriddhi Yojana: When a girl child is born in any house in the country, lines of worry emerge on the faces of the parents. But, now no one needs to worry.
The government has run many schemes for the education of daughters and for financial cooperation even in marriage. Sukanya Samriddhi Yojana (SSY) is also included in these schemes . If you deposit money even at the rate of Rs 35 per day in this scheme of the government, then you can get more than Rs 5 lakh by the time the daughter reaches the age of 21 years. Come, let’s know.
What is Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana was started by the government on January 22, 2015 for the education and marriage of daughters. Under this scheme, the daughter’s bank account is opened by the father of the daughter in any bank or post office. In such a situation, all the people who want to deposit money for their or their daughter’s education and marriage can open a bank account under this scheme. The minimum amount for opening an account under this scheme has been fixed at Rs 250. 250 to 5,000 rupees can be deposited in this account every month. Its maximum amount has been fixed at Rs 1.5 lakh.
Till when the money has to be deposited
After opening an account under Sukanya Samriddhi Yojana, money is deposited in the account till the age of the girl is 18 or 21 years.
A person can withdraw 50% of the entire deposit amount for the education of the girl child after she completes 18 years of age.
After the daughter completes 21 years, she will withdraw the entire deposit for marriage. During this period the amount deposited by the beneficiary is paid and hence the interest paid by the agency will also be included.
How to register?
Application form for new account of Sukanya Samriddhi Yojana (SSY) can be obtained by visiting the nearby post office or participating public or private sector bank. Apart from this, you can also download the application form from the RBI website.
How to apply
In the application form of Sukanya Samriddhi Yojana, the applicant needs to provide some key data regarding the girl child, in whose name the investment will be made under the Beti Bachao Beti Padhao scheme. Details of the parent or guardian opening the account or on his behalf is required to be submitted.
- Name of the Girl Child (Primary Account Holder)
- Name of the parent/guardian opening the account (joint account holder)
- initial deposit
- Cheque/DD number and date (used for initial deposit)
- girl child date of birth
- Birth certificate details of the primary account holder (certificate number, date of issue, etc.)
- ID details of the parent/guardian (driving license, Aadhaar, etc.)
- Present and Permanent Address (as per ID document of parent/guardian)
- Details of any other KYC documents (PAN, Voter ID card, etc.)
35 daily or how much will you get if you deposit 1000 rupees in a month
If you deposit more than Rs 1000 every month at the rate of Rs 35 per day in the name of your daughter under Sukanya Samriddhi Yojana. Now if you deposit Rs 1000 in your daughter’s account every month, then a total of Rs 12,000 will be deposited in a year. In 15 years, the total deposit amount will be Rs.1,80,000 and on completion of 21 years of the daughter, the total deposit amount and interest will be Rs.5,09,000.
How much will you get after depositing Rs 2000 every month
Now if you deposit Rs 2000 in the daughter’s account under Sukanya Samriddhi Yojana, then Rs 24,000 is deposited in a year. In 15 years, Rs 3,60,000 is deposited in your daughter’s account. On completion of 21 years of age of the daughter, you will get around Rs 10,18,000.
How much will you get by depositing Rs 3000 every month
Under the Sukanya Samriddhi Yojana, if Rs 3000 is deposited in the daughter’s account, then Rs 36,000 is deposited in a year. In 15 years, Rs 5,40,000 is deposited in your daughter’s account. On completion of 21 years of age of the daughter, you will get around Rs 15,27,000.
How much will you get by depositing Rs 4000 every month
Under the Sukanya Samriddhi Yojana, if Rs 4000 is deposited in the daughter’s account, then Rs 48,000 is deposited in a year. In 15 years, Rs 7,20,000 is deposited in your daughter’s account. On completion of 21 years of age of the daughter, you will get around Rs 20,35,000.
How much will you get after depositing Rs 5000 in a month
Under this scheme of the government, if 5000 rupees are deposited in the daughter’s account, then 60,000 rupees are deposited in a year. In 15 years, Rs 9,00,000 is deposited in your daughter’s account. On completion of 21 years of age of the daughter, you will get around Rs 25,40,000.
