Parents take every possible step for the secure future of their daughters. The government also does not lag behind in helping them in this. Keeping in mind the secure future of daughters, the government started Sukanya Samriddhi Yojana. Under this scheme, you can save some money for your daughter’s future. However, parents have some questions regarding this, the answers to which we bring you today.

Parents’ questions?
Parents know about Sukanya Yojana, but are often confused about its rules. Like when will the account mature after investing in this scheme? When can I withdraw money from the account? What is the ’21 years’ rule? Etcetera. But this is not a big deal, rather these are very simple rules about which we are going to tell you.

What is the ’21 years’ rule?
Most of the people investing in Sukanya Yojana think that they get the money when the daughter turns 21 years old. But this does not happen, according to the rules, the maturity of Sukanya Yojana account does not happen from the age of the daughter, but on completion of 21 years from the date of opening the account. For example, if you have opened an account in Sukanya Yojana on the occasion of your daughter’s 10th birthday, then this account will mature after 21 years i.e. when the daughter turns 31 years of age.

Can money be withdrawn anytime in between?
Many people also have a question that if they need money as per their daughter’s requirement before she turns 21, can they withdraw it from the account? The answer is, yes! You can withdraw money in between as per your daughter’s need. But for this the daughter must be 18 years old. When the daughter turns 18 years of age, then 50% of this money can be withdrawn for her college fees or marriage.