Give your child the gift of becoming a millionaire! Just saving ₹ 1000 every month will change his world.

Best investment plan for child : Every parent has only one dream – that their child should never have to worry about money in life. May he get everything he deserves. You may think that this requires huge income or savings of lakhs, but it is not so at all!

Do you know what comes out of your pocket every month? ₹1000can your child grow up to be a millionaire? Yes, this is no joke, but a simple calculation of putting money to work. There is such a wonderful scheme of the government, in which you can open an account in the name of your child (from birth to 18 years) and give him a strong financial future.

How can a small beginning do such a great thing?

Understand this with an easy example. Suppose, you started depositing ₹ 1000 every month for your child from the day of his birth. If you continue this habit for 60 years, your pocket money will be only Rs 7.2 lakh.

But the real magic begins now! This money is not just being deposited, but interest on interest (Compound interest) is also available. Let’s assume you get an average return of 14% per annum, here’s what happens:

• In the first few years you will feel that your money is increasing very slowly.
• But after 20-25 years its speed will become as fast as a rocket.
• And by the completion of 60 years, your deposited Rs 7.2 lakh, 11.57 crores Must have converted into a huge amount of rupees!

The sooner you start, the more time “interest on interest” will have to work, and the bigger the benefits.

What are the special features of this plan?

It is not just a savings plan but also supports you in times of need.

• Facility to withdraw money in between: You can withdraw up to 25% of the deposited money after 3 years for your child’s education, any medical emergency or any other important purpose.
• Child will become owner at the age of 18: As soon as your child turns 18, he can take control of his own account.
• Tax benefits also: This investment also helps you save tax.

It is a safe and reliable plan, designed to give flight to your child’s dreams.

Now what are you waiting for?

The small seed you plant today will grow into a strong tree tomorrow which will provide shade to your child. Schemes like NPS Vatsalya make this task easier. You can easily open this account today by visiting any online portal or bank.

Start as small as just ₹1000 a month and see how time builds wealth for your child. Your child’s golden tomorrow is in your hands!