What if in between if the father dies how much child will get amount, if she gets also is that amount sufficient for marriage and education considering inflation rate?
@@SandeshMRaghav but seeing reality if bread earner of family dies in between no body will continue to save.. As they have to survive for basic needs.. This is practical reality
@@santhoshhimbale992 There is no restriction that you need to invest fixed amount. you can invest 250 in one year and 150000 in another year. it is up to your convenient
Is the rate of interest 8.2 is guaranteed through out 21 years?
Every quarterly it is revised but maintained greater than fixed deposit rate
What if in between if the father dies how much child will get amount, if she gets also is that amount sufficient for marriage and education considering inflation rate?
Interest gets accumulated every year till maturity based on the savings. This is not life insurance. If the father dies the mother can do savings
@@SandeshMRaghav but seeing reality if bread earner of family dies in between no body will continue to save.. As they have to survive for basic needs.. This is practical reality
On maturity girl child will get the accumulated amount
@@santhoshhimbale992 There is no restriction that you need to invest fixed amount. you can invest 250 in one year and 150000 in another year. it is up to your convenient
Why boys cannot be considered for this scheme when it comes to education?
This is to encourage Girl child birth and stop killing girl child before birth