The Mukhyamantri Rajshree Yojana, launched by the Rajasthan government in 2016, is a welfare scheme meant to promote the birth, education and health of girl children across the state. It aims at providing financial assistance to families with girl children as they reach various age-based and academic milestones throughout their childhood.
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Invest ₹10k/month your child will get ₹1 Cr# Tax-Free*
The Mukhyamantri Rajshree Yojana is a government-backed welfare scheme launched by the Rajasthan government to provide financial assistance to families with girl children to encourage girl child health and education.
A total of ₹50000 is provided to families as financial assistance at different stages of a girl child’s life, from birth until she passes class 12.
The following table lists all the milestones a girl must reach and the amount of money disbursed to her.
Below is the instalment table for Mukhyamantri Rajshree Yojana:
| Birth of a girl child | ₹2,500 |
| Completing 1 year with all the required vaccinations | ₹2,500 |
| On admission to class 1st | ₹4,000 |
| On admission in class 6th | ₹5,000 |
| On admission in Class 10th | ₹11,000 |
| After passing 12th standard | ₹25,000 |
You can use the following links to apply for the Mukhyamantri Rajshree Yojana. These forms can be filled out and directly submitted to your closest government hospital or school your child is enrolled in.
Download the Rajshree Yojana form now.
The following are some of the benefits of the Rajshree Yojana scheme:
The eligibility criteria for the Mukhyamantri Rajshree Yojana are as follows:
The following documents are required for Mukhyamantri Rajshree Yojana:
Below is the process for applying for Mukhyamantri Rajshree Yojana:
The Rajshree Yojana is an initiative by the Rajasthan government to not only reduce female child mortality rates but also ensure that girl children across the state receive regular and proper education. The scheme does so by incentivising the various milestones of the child’s life, encouraging the parents to enrol their girl child in government-recognised schools. The scheme is instrumental in improving the sex ratio in Rajasthan along with bringing a noticeable change in the number of girls being enrolled in schools within the state.
If you are looking for a financially strong future for your child, you can also invest in a child plan as the Rajshree Yojana might not be enough considering the rising prices of education in India.
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^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
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