Sukanya Samriddhi Scheme: Check interest rate in 2021, income tax benefits

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Sukanya Samriddhi Yojana At Post Office is one such scheme that ensures stability of your daughter’s future by making appropriate investments.

“With India Post, start investing in Sukanya Samriddhi Account and empower her to dream big,” India Post tweeted.

Launched by the federal government of India, Sukanya Samriddhi Yojana is a part of the “Beti Bachao, Beti Padhao Yojana” which is supposed for the welfare of the woman little one.

If somebody invests in the Sukanya Samriddhi scheme on the Post workplace,  he/she is going to get a rate of interest of seven.6​​ % each year calculated on yearly foundation.

The dad and mom of the woman little one aged under 10 years will have the ability to open a Sukanya Samriddhi Yojana account on the Post Office and just one account might be opened for a woman little one.

The Sukanya Samriddhi Yojana account might be opened for a most of two women in a household with a minimal preliminary deposit of Rs. 250.

On the Sukanya Samriddhi Yojana account, the minimal deposit in a Financial Year is Rs. 250, and the utmost deposit might be made as much as Rs. 1.50 lakh (in a number of of Rs.50) in a fiscal in lumpsum or in a number of installments.

This account can be matured after 21 years from the date of opening of the account or on the time of marriage, both 1 month earlier than or 3 months after the date of marriage.

After investing in this account, one can be eligible for income tax benefits below part 80C, with a most cap of Rs 1.15 lakh and after maturity, income tax may also be exempted.

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