Open this government account for your daughter with just ₹250 and get full ₹74 lakh! Know the full details of this ‘magical’ scheme of the post office

Every parent has only one dream – our daughter should study well, stand on her own feet and there should be no shortcomings in her marriage. But in today’s inflation, fulfilling this dream is not an easy task.

But what if we say that the government has taken complete care of your daughter’s future? Yes, there is such a ‘magical’ scheme of the Post Office, whose name is Sukanya Samriddhi Yojana (SSY). This scheme is specially designed for daughters, and it is so amazing that even starting with just ₹250, you can create a huge corpus of up to ₹74 lakh for your daughter!

Let us understand in simple language how this miracle happens.

What is this Sukanya Samriddhi Yojana?

This is the most reliable savings scheme of the government for daughters. In this, you open an account in the post office or bank in the name of your daughter below 10 years of age. In this account, you deposit a small amount of money every year, on which the government gives an excellent interest rate of 8.20%, even more than bank FD. Because this is a government scheme, every single penny of yours remains 100% safe.

How to open an account for ₹250?

The most beautiful thing about this scheme is that the government wants that even the poorest father in the country can secure the future of his daughter. Therefore, you can open this account with a small amount of just ₹250. Later you can deposit money in it as per your convenience.

By when and how much money do I have to deposit?

This is the biggest advantage of this scheme.

• Deposit to be made: Only for 15 years.
• Account will mature: in 21 years.
• Benefit: This means that you will not have to deposit a single rupee for the last 6 years, but the government will continue to pay interest on the money deposited in your account. This “free” interest makes your money grow at rocket speed.

Then how will the fund of ₹74 lakh be created?

Now coming to the most important question. You can open an account with just ₹250, but to build a corpus of ₹74 lakh, you will have to save a little more every year. In this scheme you can deposit a maximum of ₹ 1.5 lakh in a year.

Just understand the calculations:

• Suppose, you opened this account for your daughter and deposited ₹1.5 lakh every year.
• You deposit this money for 15 years. So your total deposit amount is: ₹22.5 lakh.
• Now you will not deposit any money for the next 6 years, but you will continue to get compound interest (interest on interest) of 8.20% on your account.
• When this account matures after 21 years, this amount will have increased to approximately ₹ 74 lakh!

For whom is this the best scheme?
It is a boon for all those parents whose daughter’s age is below 10 years. The sooner you open this account, the more benefit you will get.

What could be a bigger and safer gift than this to your daughter? This small savings today will make your daughter’s dreams soar tomorrow.