The sukanya samriddhi yojana is a centrally sponsored government initiative for the purpose of women empowerment in the country. Under the scheme of beti bachao beti padhao government started this initiative for which the women will be self dependent at the age of 21. This scheme details as follows like with the high interest rate from the childhood of girls the parents can make deposits for which they will get a high payout at the end of the year.

Sukanya Samriddhi Yojana Details:

Sukanya samriddhi yojana scheme by the central government initiated by for the empowerment of the girl child and to encourage their parents to make some deposits at the birth of a girl child by giving them a high return pay out at the maturity of the money.

According to this scheme one can make a minimum deposit of worth rupees 250 every month only and can deposit upto 1.5 lakh every year. All the accounts should make the minimum deposit every month other wise it will become inactive by which later it can be active by giving some penalty charges.

The annual interest rate for this scheme is annually 8% Which is very higher as compared to other accounts. The money also safe as this scheme is running by the government of india. After the account is opened its maturity is as long as 15 years from the opening of the account. Anyone will get the total amount of money at a time with total interest.

Sukanya Samriddhi Yojana Eligibility

The scheme is available for the parents of the girl child. The citizens of the india can avail all the benefits from this scheme. Maximum for 2 girls for a parents can avail all the benefits from this schemes.

As this is a government initiative sukanya samriddhi yojana is fully beneficial and highly reliable for the parents. The parents must to educate their child as minimum aducation is necessary for the girls to be empowered.

PM VISHWAKARMA YOJANA CHECK DETAILS

Sukanya Samriddhi Yojana Benefits

Under this scheme the total amount and the interest which is being earned upon the maturity of the account, NO TAX to paid upon the total amount. If the account is not fully matured you can also withdraw 50% of the total amount upon any higher educational purposes of the girl child otherwise can not withdraw any money.

It supports the women for higher education as well as for the social security for her marriages and for the women empowerment it plays a crucial role. It also promotes disciplined savings of the parents for the future of a girl child.

Sukanya Samriddhi Yojana Interest Rate 2024

As the account opned by the post office of the government of india this scheme is very reliable and all the money is safe. As the interest rate varied per year sukanya samriddhi yojana interest rate 2023 is 8.0% but this year sukanya samriddhi yojana 2024 is increased 8.2% which is increased by 0.2% for the accounts which will open by 30.09.2024.

The sukanya samriddhi yojana account can be opened at the all branches of india post payments bank and other private banks also.

You can check more from this source.

Sukanya Smriddhi Yojana Calculator

The amount which is deposited at the monthly basis and the interest rate can be earned by the total amount deposited annually.

Example of calculation:

Let the initial deposit be 1000 rupees.

Total deposited at the end of the year is 10000.

Total years is 15 years.

The interest rate to be calculated for the 15 years.

The interest rate is 8.2% annually as per 2024.

Future value = Initial deposit * ( 1+ Interest rate/4 ) * Total years.

• The maturity amount is total amount deposited in the last 15 years and the total accumulated interest earned.

Sukanya samriddhi yojana calculator as follows above.

You can check the officil site for more details on sukanya samridhhi yojana official site.

Sukanya Samriddhi Yojana Documents Required

The below documents are necessary for the parents to open a sukanya samriddhi yojana account

• Birth certificate of the girl child issued by government of india.
• The aadhar card of the both parents.
• Resident certificate of the parents.
• Voter id card of both the parents.
• Electricity bill.
• Bank account statement of the parents.
• Aadhar linked mobile number is required.
• Gmail id.

Sukanya Samriddhi Yojana Account Opening

The account can be opened at the nearest government post office by staff appointed by the government of india. This is also can be opened by the private and the government banks nearest locates.

Please do follow our page for more details and do comment to know more in any scheme by india government.