Most families are concerned about the education, career and marriage of daughters. The government has started Sukanya Samriddhi Yojana to overcome this worry, under which you can get a huge amount of up to Rs 5 lakh by depositing Rs 35 every day.

Explain that under this scheme money has to be invested for 14 years. You can open the accounts of daughters below 10 years by going to the bank or post office. This account can be opened by legal guardians of daughters. On completion of the scheme, the entire fund will be given to the girl, in whose name this account has been opened.

Explain that in this scheme, investment has to be made from the day of opening of the account till the completion of 14 years. But this account matures on completion of 21 years. After the completion of 14 years of the account, the money will continue to be added to the account according to the fixed rate of interest at that time for 21 years.

Source: Live Hindustan

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