Good News: PM Modi govt new scheme, get Rs 25 lakh for daughter marriage
Sukanya Samriddhi scheme is designed to generate income for girls during education and marriage. As part of this scheme, people have to pay up to 15 years and get the money after a period of 21 years.
Narendra Modi lead Central government is introducing many attractive deposit schemes. It is needless to say how important the Sukanya Samriddhi Yojana scheme brought by the Central Government as a part of the Beti Bachao Beti Padhao slogan.
The scheme is designed to generate income for girls during education and marriage. As part of this scheme, people have to pay up to 15 years and get the money after a period of 21 years. A child can join this scheme at the age of ten. Sukanya Samriddhi Yojana account can be opened only for maximum two female children.
Also Read: PM Narendra Modi Big Gift: Rs 8000 To Farmer Under PM Kisan Samman Nidhi Yojana
ID card, address proof, birth certificate, photographs of girl child and her father, Aadhaar card are required to open this account. And the minimum account amount in this scheme is Rs. 250 can be deposited and opened. A maximum of Rs. 1.50 lakh can be deposited. Money should be deposited for 15 years from the date of account opening.
Also Read: Central Govt Give Good News To Women: Application Invite For New Scheme
After opening an account, if money is not deposited for any reason, the account goes into default. In case want to reactivate account need to pay Rs. 50. The account can be reopened within 15 years from the date of opening. Meanwhile, through the Sukanya Samriddhi Yojana scheme, a child will gets Rs. 25 lakh.
For example, suppose your child is currently 5 years old. Currently the interest rate of this scheme is 8 percent. That means per month have to paid Rs. 4,641, In this calculation per annum need to paid Rs 55,700. By doing this you will get Rs. 25 lakhs at the time of daughter wedding.
Also Read: Old Pension Scheme: Karnataka CM Siddaramaiah Give Good News To Govt Employees
And through this scheme, as per Section 80C of Income Tax Act, you can get Rs. 1.50 lakh tax exemption. You do not have to pay tax on the interest earned on the deposit. Interest is paid on an annual basis. The interest you get after maturity is also tax free.
Comments are closed.