There are many government schemes under the post office, which can generate good returns without a rescue on maturity. But it is important to invest by doing good savings. Often people start investing with very little money in small savings schemes of Post Office, due to which they do not get a big amount. However, if they start investing with a 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 a big amount to you or your family. This plan of the post office is Sukanya Samriddhi Yojana. Under this scheme, interest of 8.2 percent is being given right now 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 can fulfill the expenses from her studies to marriage. In Sukanya prosperity, one can invest an amount ranging from Rs 25 0 to Rs 1.50 lakh annually. You can open this account for your daughter under 10 years of age. In this, a maximum of two girls account can be opened from a family. But if there are twins, then the account of 3 girls can open.
From the date of opening the account, it can be deposited in it till the completion of the maximum of 15 years. If at least 250 rupees are not deposited in an account in a financial year, then the account will be default and it can be opened again within 15 years.
When can the money be withdrawn?
Parents can operate its account before the completion of the girl’s age 18 years, but after completion of 18 years or after passing 10th, money can be withdrawn from this account. Withdrawal can not be done more than 1 every year in lump sum or installments.
When will the maturity be completed
After 21 years from the date of opening the account, the maturity of this account will be completed, but the deposit will have to be done for only 15 years. Apart from this, after the age of 18, its maturity can be completed at the time of marriage of the girl.
400 rupees to 70 lakh rupees!
If you open this account in the name of your daughter and want Rs 70 lakh after maturity, then you will first have to save about 400 rupees every day, which will be 12500 rupees in a month i.e. 1.5 lakh rupees a year. Now start investing Rs 1.5 lakh annually from the age of 5 years of the daughter.
A total of Rs 69,27,578 will be deposited in the name of the girl after 21 years i.e. 21 years. Keep in mind that you have to invest only for 15 years. It will only earn Rs 46,77,578 from interest and the total investment will be Rs 22,50,000.
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