Sukanya Samriddhi Yojana : With the aim of promoting the education and security of daughters, the Government of India has launched Sukanya Samriddhi Yojana. This scheme is an important part of the Beti Bachao, Beti Padhao campaign, which focuses on empowering daughters financially. If you have a daughter in your house, then this scheme can prove to be a great option for the expenses related to her education and marriage.
Special features of this scheme
Account opening conditions
This account can be opened only in the name of daughters below 10 years of age.
A minimum of ₹ 250 and a maximum of ₹ 1.5 lakh can be deposited annually.
This scheme offers better interest rates than other savings schemes.
Tax exemption benefits
The amount deposited, maturity amount and interest earned are tax free under Section 80C of the Income Tax Act.
Withdrawal facility
Partial withdrawal can be made for the higher education of the daughter after she turns 18.
The account matures after a period of 21 years or when the daughter gets married.
Benefits of the scheme
Secure the financial future of daughters – This scheme is a great way to save for the education and marriage expenses of daughters.
Completely safe investment – Being government-backed, there is no risk of any kind in it.
Initiative to make daughters self-reliant – Through this scheme, parents can make financial plans ahead of time for the bright future of their daughters.
How to open Sukanya Samriddhi Account?
Go to post office or authorized bank – You can open this account in any post office or authorized bank in the country.
Submit the required documents –
Daughter’s birth certificate
Parent or guardian’s identity card (Aadhaar card, PAN card etc.)
Residence certificate (ration card, electricity bill etc.)
Deposit minimum amount – To open an account, ₹ 250 or more has to be deposited.
Conclusion
Sukanya Samriddhi Yojana is not just a savings scheme, but a strong step towards the secure future of daughters. This scheme gives parents an opportunity to prepare financially for their daughters’ education and marriage in advance. If you are planning for your daughter’s bright future, this can be a great option.
Have you opened a Sukanya Samriddhi Account for your daughter? If not, get one today and strengthen the foundation for her happy life!