Due to an increase in the interest rate for the Sukanya Samriddhi Yojana, the daughter would now get Rs. 78.65 lakh when she turns 21

 Due to an increase in the interest rate for the Sukanya Samriddhi Yojana, the daughter would now get Rs. 78.65 lakh when she turns 21

Sukanya Samriddhi Yojana: Increased interest from the Indian government 

The significant Sukanya Samriddhi Yojana, administered by the Government of India for daughters, now has a higher interest rate, meaning that if investors invest in it, they would get a reasonable sum after 21 years for their daughter's education and marriage. There will be arrangements.

Navratri: Sukanya Samriddhi Yojana, Future Investment, and Kanya Puja

Worshiping females on Ashtami and Navami days has particular importance during the holy festival of Navratri. Devotees worship females on this day to break their fast and provide them with different gifts and prasad.

Sukanya Samriddhi Yojana: A chance for investment

If you haven't yet created an account under the Sukanya Samriddhi Yojana in the daughter's name, the lucky day of Navratri may provide a perfect chance for you.

Summary of the plan's advantages If a person deposits Rs. 1.5 lakh annually, or Rs. 12,500 per month, starting at the time his daughter is born, his entire investment in 21 years will be Rs. 31.50 lakh, and the total return at the present interest rate will be Rs. 78.65 lakh. Will occur.

interest rates rising

From April 1, 2023, the Sukanya Samriddhi Yojana will give an annual interest rate of up to 8% thanks to a rise in the interest rate made by the Modi government.

often asked questions

Sukanya Samriddhi Yojana: What is it?

It is a government savings program created for the benefit of young girls.

In this program, what is the smallest and biggest deposit amount?

The minimum and maximum deposits per year are 250 and 1.5 lakh respectively.

Where can one open an account?

You may establish a Sukanya Samriddhi Yojana account at recognized banks and post offices.

Which interest rate is it?

8% is the new interest rate.

Can I transfer the account?

Yes, you may move your account from one post office or bank to another in India.