There are many government schemes run under the post office, which can generate good returns without any risk on maturity. But it is important to invest after saving well. Often people start investing in small savings schemes of Post Office with very little money, due to which they are not able to get a large amount. However, if they start investing with the right amount, then they can get a good profit in the coming time.
We are telling you about one such Post Office Scheme, which can give you or your family a big amount. This scheme of the post office is Sukanya Samriddhi Yojana. Under this scheme, an interest of 8.2 percent is being given and this scheme is tax free.
How much can you deposit every year?
You can open this scheme in the name of your daughter and take care of her expenses from education to marriage. You can invest an amount from Rs 250 to Rs 1.50 lakh annually in Sukanya Samriddhi. You can open this account for your daughter below 10 years of age. In this, a maximum of two girls from a family can open an account. But if there are twins, then accounts of 3 girls can be opened.
Deposits can be made in the account for a maximum period of 15 years from the date of opening the account. If at least Rs 250 is not deposited in the account in any financial year, the account will become default and it can be reopened only within 15 years.
When can the money be withdrawn?
Parents can operate the account before the daughter turns 18 years old, but money can be withdrawn from this account after the girl turns 18 or after passing 10th. Withdrawal can be made in lump sum or in installments not exceeding 1 per year.
When will the maturity be completed?
This account will mature after 21 years from the date of opening the account, but deposits will have to be made only for 15 years. Apart from this, its maturity can be completed at the time of the daughter’s marriage after she attains the age of 18 years.
400 rupees to 70 lakh rupees!
If you open this account in the name of your daughter and want 70 lakh rupees after maturity, then first of all you have to save about 400 rupees every day, which will become 12500 rupees in a month, that is, 1.5 lakh rupees will be deposited in a year. Now start investing 1.5 lakh rupees annually in this account from the age of 5 years of your daughter.
After maturity i.e. after 21 years, a total of Rs 69,27,578 will be deposited in the name of the daughter. Keep in mind that you have to invest only for 15 years. In this, only interest will earn Rs 46,77,578 and the total investment will be Rs 22,50,000.
