Posted on 27-12-2020 by Admin
Sukanya Samriddhi Yojana (SSY): Account of Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana -SSY) can be opened in any post office or commercial bank. Generally, all the banks which have the facility to open Public Provident Fund-PPF account, also provide the facility to open Sukanya Samriddhi Yojana account. PM Modi launched this scheme in the year 2015. It gets 7.6 percent interest.
Let know how to open an account
1 - First of all, you will need the form to open Sukanya Samriddhi Yojana account.
2 - Birth certificate of daughter will be required.
3 - Parents identity card will be required. In which PAN card, ration card, driving license, passport can be attached with any documents.
4 - Parents will also have to submit documents for address proof. In which driving license, passport, electricity bill or ration card can be given.
5 - After verification of your documents from bank or post office, your account will be opened.
5 - After opening the account, passbook is also given to the account holder.
6 - The period of maturity in this scheme is up to 21 years of age of the daughter.
1 - 50% amount can be withdrawn for higher education after the daughter completes 18 years of age.
2 - Under this scheme you can open an account in the name of your daughter. In this, an account can be opened initially for 250 rupees. You can invest up to 1.5 lakh rupees in it.
3 - Sukanya Samriddhi Yojana is currently receiving 7.6 percent interest annually.
4 - Under this scheme, tax exemption can be availed under Income Tax Section 80C by applying money.
5 - If your account has shifted elsewhere from the original place of opening, then there is nothing to worry, because this account can be transferred anywhere in the country. There is also no charge for this. The government pays the interest on Sukanya Samriddhi Yojana every quarter.
6 - The account can be closed after 5 years of opening. Although it depends on many circumstances, such as if there is a dangerous illness or if the account is being closed for any other reason, it can be allowed, but the interest on it will be according to the savings account.