State Bank Of India: The Modi government at the center (Modi Govt) had started Sukanya Samriddhi account for daughters. Under this scheme, you are given 15 lakh rupees from the bank for your daughter’s education and her marriage. With this type of investment, you do not have to face any kind of financial problem in the future. Investing in this scheme will give you a fat fund at the time of higher education or marriage.
Can invest up to one and a half lakh
State Bank of India (SBI) and other banks are offering the facility of investment in Sukanya Samriddhi Yojana to the customers. You have to invest only Rs 250 annually in the Sukanya Samriddhi account. In this, you can invest up to a maximum of Rs 1.5 lakh every year. You can also deposit this money in monthly installments. But if for some reason you do not have Rs 1.5 lakh in a financial year, you can continue the account by depositing Rs 250.
Tax exemption under 80C was also
Tweeted by SBI. You will continue to get guaranteed income in this government scheme. By investing in it, you will also get the benefit of tax exemption under section 80C of the Income Tax Act. This scheme was started especially for daughters. This scheme was launched by the government to secure the future of girls.
At present, interest is being received at the rate of 7.6 percent on the Sukanya Samriddhi Yojana run by the government. Apart from this, you can also open an account for two daughters under this scheme. If there are two twin daughters after the birth of the first daughter, then in this situation the benefit of this scheme can be availed for all three daughters.
Read More: EPFO: Advance can be withdrawn from PF account even during job, money comes to bank account in 72 hours
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