The sukanya samriddhi account is designed to provide a bright future for your girl child. Sukanya samriddhi yojana account faqs icici bank answers. Sukanya samriddhi account can be opened on girl child name by her legalnatural guardian. Sukanya samriddhi yojana 2020 application form pdf. The objective of the scheme was to facilitate them proper education and marriage expenses. Sukanya yojana sukanya samriddhi account is government of india backed savings scheme targeted at the parents of girl child. Ministry of finance department of economic affairs vide their egazette notification dated 12th dec,2019,g. All in all, sbi sukanya samriddhi yojana is a best investment plan that helps you create a financial corpus to secure the future of your girl child.
It is run by the ministry of women and child welfare, govt. Sukanya samriddhi account girl child prosperity account is a government of india backed saving scheme targeted at the parents of girl children. I agree to abide by the provisions of the sukanya samriddhi yojana scheme and amendments issued thereto from time to time. Sukanya samriddhi yojana has been introduced vide government of india notification no.
A sukanya samriddhi account may be opened by the natural or legal guardian in the name of a child from. Salient features of the sukanya samriddhi account 1. This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or india post branch. Sukanya samriddhi yojana sukanya samriddhi account a small savings scheme updated 20th september 2019 upsc the sukanya samriddhi yojana is as girl child prosperity scheme under beti bachao beti padhao program of prime minister narendra modi. Ssy sukanya samriddhi yojana calculator 202021 finotax. Sbi sukanya samriddhi yojana is a governmentbacked one of the best investment schemes exclusively designed for the girl child in a family.
Sukanya samriddhi yojana account chart ssy chart 2019. Wikipedia minimum deposit in sukanya samriddhi account. This scheme is specially designed for girls higher education or marriage needs. I name of parentguardian hereby apply for opening an account under sukanya. In order to encourage investments in sukanya samriddhi scheme comes with tax benefitsinvestments made in the sukanya samriddhi scheme are eligible for deduction under section 80c subject to a maximum cap of rs 1. Open sukanya samriddhi account online in pnb documents, how.
Natural or legal guardian of a girl child shall be allowed to open the account for two girl children only. Standing instructions can be given either at the branch or set through internet banking for automatic credit to sukanya samriddhi account. The sukanya samriddhi yojana was launched as a part of the beti bachao, beti padhao campaign by the modi government on 22 january 2015 after seeking the subjugating conditions of the girl children in the country. Estimated ssy interest, maturity and return calculator. This small saving scheme sukanya samriddhi yojana in post office is a good investment plan for the parents.
Sukanya samriddhi yojana account opening, how many account. Jan 21, 2019 new update rules in sukanya samruddhi yojana scheme 2019. Documents required for opening sukanya samriddhi account are. Sukanya samriddhi account, abbreviated as ssa, is a savings scheme that is especially designed for the welfare of the girl child, as evident from the name. It can be opened by the parents of a girl child below the age of 10. Sukanya samriddhi account account can be opened in the name of a girl child till she attains the age of 10 years. A natural legal guardian on behalf of a girl child. Circle, sukanya samriddhi account, deposit in rupees. Sukanya samriddhi yojana scheme details, interest rate. Sukanya samriddhi account rules, 2016 department of economic.
The scheme encourages parents to build a fund for the future education and marriage expenses for their female child. Sukanya samriddhi yojana is a small saving scheme, which can be opened in post offices and designated private and public banks in the form of a savings account in the name of the baby girl. Sukanya samriddhi yojana is a good scheme for daughters in terms of higher education, marriage and saving for a bright future. The main features of the sukanya samridhi yojana scheme. In what would be regarded as quite a disappointment for lakhs of subscribers to saving schemes such as the national pension scheme, sukanya samriddhi yojana, public provident fund and so on, a government official has said that the interest rate for such. Sukanya samriddhi yojana is a governmentbacked savings scheme as part of the beti bachao, beti padhao yojana for the benefit of the girl child. The interest rate is declared quarterly just like other post office schemes. The interest rate for janmar19 q4, fy 201819 was 8. Sukanya samriddhi yojana ssy is a governmentbacked savings scheme as part of the beti bachao, beti padhao yojana for the benefit of the girl child. It is a savings scheme launched as a part of beti bachao, beti padhao campaign. Sukanya samriddhi yojana is a small deposit scheme of the government of india meant exclusively for a girl child and is launched as a part of beti bachao beti.
This was launched on 22 january 2015 to encourage savings for girl child for their education and marriage. Therefore, with this child education plan for girl child one can certainly ensure their girl childs future and meet her financial requirements in future. Online application for pm sukanya samriddhi yojana 2020 is available here, sukanya samriddhi yojana popularly known as syy was launched in the year 2014 by the government of india. Sukanya samriddhi yojana calculator ssy calculator online. Sukanya samriddhi yojana eligibilty benifits and pdf form. In these rules, unless the context otherwise require, a account means an account opened by a depositor in accordance with the provisions of these rules. The scheme is an investment based concept for a girl. Sep 05, 2019 check about pradhan mantri sukanya samriddhi yojana pmssy, sukanya samriddhi yojana account opening form, sukanya samriddhi yojana account opening, procedure, interest rate, calculator, many account can open, detail in this article.
Sukanya samriddhi yojana sbi ssy account for girl child by. Pay bills and invoices from any bank account or any card. Under sukanya samriddhi account i scheme signature and seal of competent authority. Sukanya samriddhi account can be opened in any post office and designated branches of authorized banks. Sukanya samriddhi scheme is also known as sukanya samriddhi account or yojana. The scheme was launched by prime minister narendra modi on 22 january 2015 as a.
This scheme is especially for girls of 10 years or younger. The scheme inspires the parentsguardians to accumulate funds in the sukanya samriddhi yojana account from the time of the birth of their girl child for the purpose of. Sukanya samriddhi yojana was launched by the central government in january 2015. The gazette on this scheme was released on 2 nd december, 2014. The best part about sukanya samriddhi account is that it offers a higher rate of interest in comparison to all other saving schemes.
Pm sukanya samriddhi yojana 2020 apply online ssy status. The scheme revolves around the objective of welfare of women and the girl child in india. Sukanya samriddhi yojana interest rate as per the scheme of sukanya samriddhi yojana, the interest rate is 8. Pradhan mantri sukanya samriddhi yojana scheme launched by prime minister. Sukanya samriddhi yojana account scheme details, benefits. I hereby undertake to abide by the provisions rules of the sukanya samriddhi account mentioned overleaf and amendments issued thereto from time to time. In what would be regarded as quite a disappointment for lakhs of subscribers to saving schemes such as the national pension scheme, sukanya samriddhi yojana, public provident fund and so on, a government official has said that the interest rate for such schemes is unlikely. With such interest, one should definitely invest in such a plan that will give them good returns on maturity. Sukanya samriddhi account can also be opened at post offices. Account can be opened in post offices and notified branches of commercial banks. Jan 19, 2020 sukanya samriddhi yojana is a very popular deposit scheme for girl child guaranteed by government of india.
Jul 16, 2018 the scheme inspires the parentsguardians to accumulate funds in the sukanya samriddhi yojana account from the time of the birth of their girl child for the purpose of their education and marriage. Indias innovative women empowerment and social protection scheme find, read and cite all. Conveniently invest in this scheme online through hdfc bank. This scheme is launched to encourage parentsguardians of the girl child to build a corpus. Parents can open up to two such accounts for girls they cannot open a thirdfourth account, etc. Asher and others published sukanya samriddhi yojana. Indias innovative women empowerment and social protection scheme find, read and cite all the research you. Sukanya samriddhi yojana scheme indian overseas bank.
Birth certificate of the girl child in whose name the account is opened must be submitted. It was introduced by the ministry of finance and launched by the honble prime minister of india, shri narendra modi, on 22nd january 2015, as a part of the beti bachao beti padhao campaign. In exercise of the powers conferred by section 3a of the government savings promotion act, 1873 5 of 1873, the central government hereby makes the following scheme, namely. Following are the benefits of sukanya samriddhi scheme interest rates are high than most of the debtoriented schemes like bank deposit and fds. Account can be opened up to the age of 10 years from the date of birth. Account can be opened in the name of a girl child till she attains the age of 10 years. The actual ssy interest and yearly balance calculator can be used for calculation of actual amount of yearly interest earned and closing balance on yearly basis for ppf accounts opened since launch of sukanya samriddhi yojana scheme to till date. Interest payment even after maturity if account is not closed. Application for opening an account under sukanya samriddhi account please fill all the details in capital letters only.
Open sukanya samriddhi account online in pnb documents. The scheme was launched by prime minister narendra modi on 22 january 2015 as a part of the beti bachao, beti padhao campaign. Interest rate for small saving schemes unlikely to be increased in april. Upto two girl children or three in case of twin girls as second birth or the first birth itself results in three girl children. Sukanya samriddhi yojana details interest rate for ssy. Sukanya samriddhi yojana ssy is a savings scheme launched back in 2015 as part of the government initiative beti bachao, beti padhao campaign. The natural or legal guardian in the name of girl child from the birth of the girl child till she attains the age of 10 years. It was launched by prime minister narendra modi 22jan2015. Finance minister arun jaitley had announced this scheme in his budget speech in july. The account opening form to be used and the specimen of pass book is provided in. The salient main features of the scheme are as under. Sandesh r karmjot singh sukanya samriddhi scheme key highlights. Sukanya samriddhi account in case date of birth certificate of girl.
Sukanya samriddhi account application form download. So just have to download the application form, print this application form and then submit the applicatin form to the post office where you want to open sukanya samriddhi account. For the better future of girl child a scheme is started in india. Sukanya samriddhi yojana account opening, how many account can. Read more to know about the objectives of this scheme. Till a girl attains an age of 10, maximum number of accounts. Sukanya samriddhi yojana sbi ssy account for girl child. Any girl child, who had attained the age of 10 years, one year prior to the commencement of these rules. Maximum amount deposited under this scheme will be 1. Launched as a part of beti bachao beti padhao campaign, sukanya samriddhi yojana is a small savings scheme by the government of india. Jan 26, 2020 sukanya samriddhi account girl child prosperity account is a government of india backed saving scheme targeted at the parents of girl children. May 07, 2020 sukanya yojana sukanya samriddhi account is government of india backed savings scheme targeted at the parents of girl child. A sukanya samriddhi account has a tenure of 21 years or until the girl child marries after the age of 18. Sukanya samriddhi accountyojana is a small savings special deposit scheme for girl child.
Like the ppf, the interest earned is tax free and there is an annual cap of rs 1. Bank, our bank has to extend the facility of opening account under sukanya samriddhi yojana in. Sukanya samriddhi yojana was launched on 22nd january 2015 as a part of the beti bachao, beti padhao yojana. Pdf sukanya samriddhi scheme sandesh bharadwaj academia. Ssy account is to ensure a bright future for girl children in india. Sukanya samriddhi yojana scheme details, interest rate and. Return on ssy you can get a decent return by investing in this scheme. I hereby undertake to abide by the provisions rules of the isukanya samriddhi account and amendments issued thereto from time to time. Faqs sukanya samriddhi yojana has been introduced vide government of india notification no. Sukanya samriddhi yojana is a very popular deposit scheme for girl child guaranteed by government of india. Check about pradhan mantri sukanya samriddhi yojana pmssy, sukanya samriddhi yojana account opening form, sukanya samriddhi yojana account opening, procedure, interest rate, calculator, many account can open, detail in this article for the better future of girl child a scheme is started in india. Sukanya samriddhi yojana account opening from the post office is no differ the open sukanya samriddhi account in hdfc or in any bank for that matter. Sukanya samriddhi yojana details interest rate for ssy account.
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