Sukanya Samriddhi Account Post Office: If you are a parent of a girl child, investing for her better future is very important. You can start investing in a post office near your home for your daughter’s bright future. It is convenient to invest in the Sukanya Samriddhi Scheme, a special investment scheme of the Post Office of India. This will help you provide financial security for your daughter’s future.
Parents of a girl below 10 years old can invest in the Sukanya Samriddhi Scheme at the post office. According to the information posted on the official website of the Post Office, you are earning at least Rs. 250 annually. It can invest up to a maximum of Rs 1.5 lakh.
The Government of India (Ministry of Finance) reviews its interest rate every quarter. Investment in the scheme is currently generating an annual interest rate of 7.6 per cent. In this scheme, one can invest in multiples of Rs. Interest earned in the form of income under this scheme is tax free.
Sukanya Prosperity Plan (Sukanya Samriddhi Scheme) post office ( the Post an Office ), or a bank account can be opened in any one place, keep in mind that. You can invest in the account for 15 years from the time the account is opened. An account can be opened for two daughters of one family. Also Read – EPFO Interest Calculation – Do you know how to calculate your PF’s interest?
When you invest in a Sukanya Samriddhi Scheme for your daughter , you also get the benefit of tax deduction under Section 80C of the Income Tax. The account can be maintained by the daughter’s parents until the daughter is 18 years old.
Generally, you can withdraw money on the Sukanya Prosperity Scheme only after the daughter has reached the age of 18 or passed at least 10th grade. Also Read – PSU Insurance Companies Privatization: Even Government Insurance Companies Will Be Private! Central government’s readiness for rule change
This account matures when your daughter turns 21. Another option is marriage. If you wish to marry your daughter after you are 18 years old, you can close this account. Furthermore, in the event of the death of the guardian, the account will be closed after the due process has been completed, even if there is a fatal illness.
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