SSY: People’s confidence in this scheme of government is increasing and investment can start at Rs 250

Sukanya Prosperity Project: The government is carrying out many such projects in which a large number of people are investing their money. One such project is the Sukanya Prosperity Project. The amount saved by the people in May was Rs 1.05 crore, showing how much people’s confidence in the scheme was growing. This is 40% higher than last year. Last year, Rs 75,222 crore was credited to the Sukanya Samurdhi project.

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Learn what this special project is all about

In Sukanya Prosperity Scheme, you will get a minimum of Rs 250 and a maximum of Rs 1.50 lakh. Its expiration is 21 years but parents should only invest 14 years in it. The amount you invest in this project, you get three times the profit after expiration. This account can be maintained until the girl is 21 years old or married after 18 years. Account of Sukanya Prosperity Scheme can be transferred anywhere in the country.

Senior Citizen: Senior Citizens are getting the best return for all these projects with low risk, there are many facilities available with tax deduction

Who can invest in the Sukanya Prosperity Project?

  1. The Sukanya Samurdhi account can be opened by the parents in the name of the daughter.
  2. This account can be opened up to 10 years from the birth of the daughter.
  3. Only one account can be opened in the name of a daughter.
  4. Parents cannot open separate accounts for the same daughter.
  5. An account can be opened for a maximum of two daughters in the family.
  6. In special cases where more than two accounts are opened in case of twin / twin children, this is allowed.

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How to Deposit Money Online in Sukanya Prosperity Account

>> If the Sukanya Prosperity Account is opened at the Post Office, you can sit at home and deposit money every month.
To deposit money in this account, first add money from your bank account to IPPB (India Post Payment Bank) account.
After this go to DOP Products where you will see Sukanya Prosperity Account and select it.
Enter your SSY account number and then DOP the customer ID.
>> Then select the installment tenure and amount as a normal payment process.

Once this completes the process, then the money goes into your account.
Say that IPPB (India Post Payment Bank) is a post office mobile app that you can download from the Google Play Store. After downloading it, you should link your savings account with it.

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