All parents worry about their children’s future. They do everything possible to ensure a better life for their sons and daughters.
To achieve this, parents send their kids to good schools and provide them with quality education.
Their goal is for their children to grow up and succeed, whether by getting good jobs or starting their own businesses.
Importance of Saving for Daughters
Parents often worry more about their daughters than their sons. They feel responsible for not only educating their daughters but also preparing them for marriage.
Because of this, parents start planning for their daughter’s future from a young age.
If you want to secure your daughter’s future, consider investing in a savings scheme this Diwali.
This way, you can lessen your worries about her education and marriage expenses later on.
Sukanya Samriddhi Yojana: A Great Investment
The government launched the Sukanya Samriddhi Yojana in 2015 to help parents save for their daughters.
By investing in this scheme, you can accumulate a significant amount of funds for your daughter. The government offers an interest rate of 8.2% for this scheme.
To open an account in the Sukanya Samriddhi Yojana, parents must invest in their daughter’s name for 15 years, with a lock-in period of 6 years.
The maturity age for this scheme is 21 years, but parents can withdraw up to 50% of the maturity amount once their daughter turns 18.
To open an account, visit your nearest post office or bank. You will need to provide some necessary documents and start investing for your daughter this Diwali.
