If you are worried about your daughter’s wedding expenses, then by investing in Sukanya Samriddhi Yojana, you can get rid of these worries, let’s know some important things related to the scheme –
Sukanya Samriddhi Yojana accounts can be opened from bank to post office. And if Sukanya Samriddhi Account has been opened in the post office, then you can deposit money in it every month sitting at home.
Who can invest in Sukanya Samriddhi Yojana: Sukanya Samriddhi Account can be opened by the parents in the name of the daughter. This account can be opened anytime from the birth of the daughter till the age of 10 years.
What is the interest rate: The interest rate on Sukanya Samriddhi Yojana is 7.6 percent per annum.
Keep these things in mind: Only one account can be opened in the name of a daughter. At the same time, parents cannot open separate accounts for the same daughter.
In Sukanya Samriddhi Yojana, you can deposit a minimum of Rs 250 and a maximum of Rs 1.50 lakh. Its maturity is 21 years.
Up to 50 percent of the amount can be withdrawn from the Sukanya Samriddhi Yojana account after the age of 18 in the case of expenses for the higher education of the child.
Some special discount also: Account can be opened for maximum two daughters in the family. In special cases like opening of more than two accounts is allowed in case of twin/twin children
Sukanya Samriddhi Yojana account can be transferred anywhere in the country.
