Sukanya Samriddhi Yojana: The central government has increased the interest rate of Sukanya Samriddhi Yojana. Daughters will be greatly benefited by this scheme to enhance the future of daughters. Earlier it was getting 7.6 per cent interest. Now the government has increased it to 8 per cent annually. The maturity period of this scheme is 21 years. This is a popular scheme for daughters
Sukanya Samriddhi Yojana: The Central Government has also started many schemes for the future of daughters. There is also a Sukanya Samriddhi Yojana (SSY) in it. Which was started by the Modi government in the year 2015. The government has increased the interest rate for this scheme. The government has increased the rates of Sukanya Samriddhi Yojana (SSY Interest Rate) for the first quarter of the financial year 2023-24. In this scheme, the interest rate has been increased by 0.40 percent. At this time, 7.6 percent interest rate was available in this scheme. Now it has been increased to 8 percent. That is, it has a guarantee of more than 3 times i.e. more than 200 percent return on maturity.
The government announces interest rates on Small Savings Schemes for every quarter. Interest rates for the quarter April to June 2023 have been announced.
Know what is Sukanya Samriddhi Yojana
The maturity period of Sukanya Samriddhi Yojana scheme is 21 years. But in this, parents have to invest only for 14 years. Interest continues to accrue for the rest of the year. In this scheme, a maximum of Rs 1,50,000 can be deposited annually. The investment option can also be on a monthly basis. It is necessary to deposit at least Rs 250 every year in the scheme. At the current interest rates, a maximum amount of up to Rs 69.80 lakh can be raised through this scheme. There is no risk of any kind in this scheme. Interest is also better in this than other schemes. Along with this, the benefit of tax exemption is also available.
- Will get about 70 lakh rupees on maturity
- Interest on SSY: 8% per annum
- Maximum investment: Rs 1.50 lakh per annum
- Investment in 15 years: Rs 22,50,000
- Total amount on maturity of 21 years: Rs 69,80,100
- Interest Benefit: Rs 47,30,100
Open an account before the age of 10 years
In Sukanya Samriddhi Yojana, the account can be opened before the daughters complete 10 years of age. The account of maximum two daughters of the family can be opened in this scheme. With the investment made in this scheme, you can prepare funds for daughter’s marriage and higher education.
