Sukanya Samriddhi Yojana News: The Central Government had started the Sukanya Samriddhi Yojana (SSY) to advance the daughters.
This scheme can make your daughter a millionaire. For this, you have to start investing from birth itself. Under this scheme, parents of girls below the age of 10 years can open accounts in the name of their daughters.
After 18 years, you can withdraw half the amount under this scheme. The entire amount can be withdrawn on completion of 21 years. This scheme will bear the expenses from the education of the daughter till marriage.
How much interest is being received under Sukanya Samriddhi Yojana
Interest is revised every three months under Sukanya Samriddhi Yojana. The government has increased the interest rate for the April-June quarter. Now this annual interest is 8 percent. Earlier, the central government used to give 7.60 percent interest annually under this scheme. That is, for the first quarter of FY 2024, the interest has been increased by 40 bps. Under this scheme, an account can be opened in the post office.
daughter will be millionaire by 21 years
According to the calculation, if a person invests in an account under Sukanya Samriddhi Scheme immediately after the birth of his child, then he will be able to invest for the next 15 years. Apart from this, if a parent does not withdraw 50 percent of the maturity amount after his daughter turns 18, then she will get a maturity amount of 51 lakhs.
In this, Rs 18 lakh will be invested and Rs 33 lakh will be the interest after the maturity period of 21 years. That is, if a parent deposits Rs 10,000 per month in the Sukanya Samriddhi Scheme account immediately after the birth of a daughter, then at the age of 21 the girl will become a millionaire.
