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News India Live, Digital Desk: Sukanya Samriddhi Yojana: If you have two lovely daughters and you want to save money for their golden future, then this news is very important for you! Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana – SSY) is a great initiative of the Government of India, which has been started to make the future of daughters safe. But, do you know that if you have two daughters in your house, can you take advantage of this scheme for both? Let’s know all the important facts related to it!
Can you open the account of Sukanya Samriddhi Yojana for 2 daughters?
Yes, of course! You your Two daughters Different for Sukanya Samriddhi Yojana Accounts (SSY accounts) can open. In this scheme of the government, it is allowed to open accounts per family per family. This rule helps in depositing money for big expenses such as Daughters’ Education and Marriage Expenses.
But, it has a special ‘twist’ that needs to be known!
- General Rules: As mentioned, parents or legal guardi can open accounts for their two daughters.
- On having twins or three daughters: If after your first child, next time twin girls are born, or three daughters are born together, then in such extraordinary cases you can open an account for the third child in such extraordinary cases. Meaning, if there are more than two daughters due to being twins, then accounts can be opened for all of them. The government has given this rule Special circumstances Has believed.
Some more special things you should know of Sukanya Samriddhi Yojana:
- Beginning at a young age: This account can be opened anytime from the age of 10 to the age of 10. The sooner you start, the more benefit you will get.
- High Interest Rate: The government on SSY gives higher interest rates against other small saving schemes, which increases your money rapidly.
- Tax Benefits: This scheme is of EEE status, that is, the amount deposited in it, the interest and the full amount on maturity amount – on these three No tax (Tax exemption) does not appear. This is a great means of tax savings under section 80C.
- Minimum and Maximum Deposit (MIN & Max Deposit): You can deposit a minimum of Rs 250 to a maximum of Rs 1.5 lakh in a financial year.
- Withdrawal rules: Partial withdrawal can be done for the daughter’s higher education (Partial withdrawal) when she is 18 years old, and full money can be withdrawn at the daughter’s wedding (daughter is 18 to 21 years old). The account becomes matured when the daughter is completed or married (whichever is first).
the scheme Beti Bachao Beti Padhao Abhiyan (Beti Bachao Beti Padhao Abhiyan) is an important part and has proved to be a boon for millions of families. So if you have two daughters, do not delay at all and for their bright future today Sukanya Samriddhi Yojana invest in!
North India Statesman