If you want to collect money for daughter’s wedding, then invest in sukanya samriddhi yojana

Sukanya samriddhi yojana: Sukanya Samriddhi Yojana is a scheme run by the Government of India, especially for the future of daughters. Nowadays, financial planning has become very important for increasing inflation and future plans, especially for important expenses like children’s education and marriage. This is the reason that Sukanya Samriddhi Yojana can prove to be an excellent option, because it gives you 8.2% compound interest, which is completely risk-free. Let’s know its features and benefits in detail.

Eligibility to open account

Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana) has some terms and conditions to open an account. The most important condition is that you can open her account at any time from the age of 10 years since the birth of your daughter. The benefit of this scheme is only for daughters, who are Indian citizens. This plan is ideal for parents who want to secure their daughter’s future. Usually, accounts of Sukanya Samriddhi Yojana can be opened for two daughters in a family. But if a family is born twin daughters or three daughters, then more than two accounts can also be opened simultaneously.

Will have to invest for 15 years. Sukanya samriddhi yojana

In this scheme, the account opening can be invested for 15 years from the date of opening. This means that you can invest in this scheme from the time of your daughter’s birth to 15 years. After this, you do not have to make any new investment for the next 6 years, but will continue to get interest on your deposit. This is a great way by which you can invest a large amount by investing for a long time.

Minimum and maximum investment:

You can invest in Sukanya Samriddhi Yojana from Rs 250 to Rs 1.5 lakh annually. You can invest it in installments or lump sum. If you want to invest in installments, then you can also put small amounts according to the month. If you want to invest more then you can also invest a maximum of Rs 1.5 lakh.

How to prepare a fund of ₹ 70 lakh?

The real advantage of Sukanya Samriddhi Yojana is available when you start investing in time. Suppose you opened an account for your daughter in 2025. If you invest 1.5 lakh rupees every year, then at the time of maturity in 2046 you can get an amount of about ₹ 69,27,578. This will include an investment of ₹ 22,50,000 and an interest benefit of ₹ 46,77,578.

This proves that by investing in time, you can easily meet big financial goals. It can be a great option for retirement planning, children’s education or marriage.

Tax discount will be given

The biggest advantage of Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana) is that you get tax exemption in it. This scheme comes under EEE (exempt-exprept-exempt) status, which means that you will get income tax exemption on the investment made in it. That is, there will be no tax on the annual investment of up to Rs 1.5 lakh, interest on it and the entire amount on maturity.

Also, if you need money in the middle of the plan, then you can withdraw money ahead of time. The scheme also features partial withdrawal. When your daughter turns 18, you can withdraw up to 50% of her maturity amount, which you can use for her education or marriage.

Also read:-