Sukanya-Samriddhi-Yojana

Sukanya Samriddhi Yojana : Get Rs 65 Lakh by investing in this scheme.

Sukanya Samriddhi Yojana : The central government has launched a new scheme known as ‘Sukanya Samriddhi Yojana’ for the bright future of girl children in the country. Participating in this scheme will help the parents to bear their daughter’s education expenses or marriage expenses. You will get 7.6 percent interest if you participate in this scheme.

The scheme provides benefits to the girl child after she turns 21 years old. The main objective of this scheme is that this scheme will help a lot for the girl’s education and marriage expenses. A beneficiary can get Rs 71 lakh after the expiry of the scheme if he keeps paying into the scheme account without ever defaulting. The amount received after the deadline is tax-free.

Sukanya Samriddhi Yojana Benefits

  • For girls up to 18 years. This limit used to be 10 years. The government has changed it to 18 years. Currently, the SSY offers an annual interest rate of 7.6 percent.
  • Tax exemption is granted under Section 80C of the Income Tax Act. Deposit, interest and full amount are tax free.

Sukanya Samriddhi Yojana Eligibility

  • It is mandatory to open this account after 10 years after the birth of a girl child. To open the account, one must be an Indian citizen, and it can only be in the daughter’s name.
  • For this scheme you have to open an account with 250 rupees. You can deposit up to one and a half lakh rupees per year into that account.

SSY Documents

  • Birth certificate of daughter.
  • Daughter’s Aadhaar Card.
  • Address proof.
How to open sukanya samriddhi account online
  • You can open an account under Sukanya Samriddhi Yojana at any post office in your village. To open an account, download the application form from the government website.
  • Fill all the information in the application form. Ensure all necessary documents are attached along with the application. After attaching all the documents with the application form, submit the application form to the post office.
  • Pay the minimum account opening amount along with the application.
  • This account includes the option for money transfer via internet banking. All information about this is available in post office, private and public banks.
  • You can open this savings account at any bank.
Terms and Conditions

Failure to deposit the minimum amount of Rs. 250 in the Sukanya Samriddhi Yojana account will result in the account being classified as a ‘default account’. Yet, reopening this account incurs a fee of Rs 250, along with an additional Rs 50 charge. You can fill and restart it.

  • You can close the account only in the case of a serious illness or medical emergency.
  • For more information regarding this scheme, you can contact us on (Contact US) 18002666868.
What is Sukanya Samriddhi Yojana ?
  • This is a central government scheme. The main objective of this scheme is to encourage savings for girl child’s future education and marriage expenses.

How to open Sukanya Samriddhi Yojana account ?

  • You can open a Sukanya Samriddhi Yojana account by filling the application form at the post office or an authorized bank and submitting the necessary documents.

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