I’ll open an account for my daughter| Rs 64 lakh at 21 years

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi is an administration propelled conspire planned for empowering guardians to make young ladies progressively stable in their advanced education and marriage.

Loan fee
Like other little venture plots, the financing costs on Sukanya Samriddhi records will likewise change at customary stretches. The loan fee for the July-September quarter is 8.1 percent.

Greatest Deposit Amount
Greatest store of Rs.1.50 lakhs every year. There is no restriction on the quantity of interests in a month or in a money related year

Guardians can select them at any age until the young lady is ten years of age. Guardians as long as ten years old and young lady more than ten years old can oversee accounts.

Where to open a record?
According to the administration’s notification, the record ought to be opened at any mail station branch or open division banks. The whole sum remembering enthusiasm for development is tax exempt

Term
The term of the plan is 21 years from the date of opening of the record based on the plan. In the event that you store cash each month for a long time of the plan, you can pull back the cash on consummation of 21 years. On the off chance that we contribute Rs.1000 every month, we will pay Rs.168000 in 14 years. Be that as it may, the sum got on withdrawal after the development is 6 lakhs