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 open sukanya samriddhi account online. The bank account opened under the sukanya samriddhi scheme will have the special ability that a handsome interest will be offered. Birth certificate of the girl child in whose name the account is opened must be submitted.
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. Minimum investment limits lowered in sukanya samriddhi yojana. 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.
The account will be opened by the guardian in the name of the girl child. Sukanya samriddhi yojana ssy is a savings scheme launched back in 2015 as part of the government initiative beti bachao, beti padhao campaign. Unfortunately, sukanya samriddhi yojna is applicable on girl child below 10 years of age. Ssy sukanya samriddhi yojana calculator 202021 finotax.
Sukanya samriddhi yojana is a very popular deposit scheme for girl child guaranteed by government of india. Pradhan mantri sukanya samriddhi yojana scheme launched by prime minister. Each account holder will have a maximum of one account under this scheme. Ssy account is to ensure a bright future for girl children in india. Created and managed by tata consultancy services ltd. Sukanya samriddhi yojana scheme details, interest rate and. The rate of interest offered by the scheme for the first quarter of fy 20192020 is 8.
According to pti, the sukanya samriddhi account can now be opened with a minimum deposit of rs 250 which was rs 1,000 earlier. Pm sukanya samriddhi yojana 2020 apply online ssy status. The sukanya samriddhi yojana is as girl child prosperity scheme under beti bachao beti padhao program of prime minister narendra modi. This was launched on 22 january 2015 to encourage savings for girl child for their education and marriage.
Sukanya samriddhi account scheme features part corporation bank. Apr 14, 2020 sukanya yojana sukanya samriddhi account is government of india backed savings scheme targeted at the parents of girl child. Sukanya samriddhi scheme is a small savings scheme launched by the government of india under beti bachao beti padhao inititiave. It can be opened by the parents of a girl child below the age of 10. Depositor for this scheme depositor is an individual who on behalf of a minor girl child of whom he or she is the guardian and deposits amount in account. A sukanya samriddhi account has a tenure of 21 years or until the girl child marries after the age of 18. Also, in subsequent years, the minimum of rs 250 needs to be deposited each year as. Features of the sukanya samriddhi yojana scheme you can deposit at least 250 per year and a maximum of rs. 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. The scheme is meant to meet the education and marriage expenses of a girl child. Interest rate on sukanya samriddhi account is revised every quarter. Conveniently invest in this scheme online through hdfc bank.
The interest rate of the account on the amount deposited is notified from time to time by the finance ministry of india. Sukanya samriddhi account idbi bank sukanya samriddhi. Sukanya samriddhi yojana is a good scheme for daughters in terms of higher education, marriage and saving for a bright future. Account opening form ssa faqs on sukanya samridhi account. Content owned and updated by department of posts, ministry of communications, government of india. Nov 27, 2019 sukanya samriddhi yojana account has been included an attractive interest rate of 8. Sukanya samriddhi yojana scheme details, interest rate. 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. 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 minimum amount of deposit for each female child is inr 250 and the maximum. Once the passbook is delivered, you can make your first deposit. 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. I hereby declare that i have not opened or maintaining any other account under the same scheme in the.
Indias innovative women empowerment and social protection scheme find, read and cite all. Sukanya samriddhi account account can be opened in the name of a girl child till she attains the age of 10 years. Launched as a part of beti bachao beti padhao campaign, sukanya samriddhi yojana is a small savings scheme by the government of india. Account can be opened in the name of a girl child till she attains the age of 10 years. The sukanya samriddhi yojana will take care of all the expenses of a girl child from higher education to the marriage. The interest rate is declared quarterly just like other post office schemes.
I hereby undertake to abide by the provisions rules of the isukanya samriddhi account and amendments issued thereto from time to time. Despite being a small savings scheme, the sukanya samriddhi account has the potential to have a phenomenal impact on the lives and selfesteem of young girls in the country. The minimum deposit to be made is rs 250 and the maximum deposit is rs. Sukanya samriddhi account can be opened in any post office and designated branches of authorized banks. Account opening form ssa faqs on sukanya samridhi account authorised branches for ssa. Sukanya samriddhi yojana ssy is a government backed savings scheme, launched exclusively for the benefit of the girl child.
Sukanya samriddhi yojana is a governmentbacked savings scheme as part of the beti bachao, beti padhao yojana for the benefit of the girl child. Sukanya samriddhi yojana calculator ssy calculator. The scheme is specially designed for girls higher education or marriage needs and should be opened by her parents or legal guardianin case parents are missing. One of the reasons why this scheme has become popular is due to its tax benefit. Faqs sukanya samriddhi yojana has been introduced vide government of india notification no. Sukanya samriddhi account tax benefits by investing for. It is a savings scheme launched as a part of beti bachao, beti padhao campaign. Sukanya samriddhi account application form download raviraj parekh april 17, 2018 12 comments sukanya samriddhi account is popular scheme launched by government two months back. Sukanya samriddhi yojana know what sukanya samriddhi yojana is and how to open an account in sbi for the better future of your girl child. Oct 23, 2018 sukanya samriddhi yojana tax benefits.
Tenure of the deposit is 21 years from the date of opening of the account. After this period, the account will only earn interest as per applicable rates. Jan 17, 2019 sukanya samriddhi yojana ssy is a small deposit scheme for the girl child launched as a part of the beti bachao beti padhao campaign. This article cover scheme rules, details, interest rate.
The minimum annual deposit requirement for sukanya samriddhi yojana accounts has been lowered to. Account can be opened in post offices and notified branches of commercial banks. Sukanya samriddhi yojana ssy is a small deposit scheme for the girl child launched as a part of the beti bachao beti padhao campaign. Sukanya samriddhi yojana or girl child prosperity scheme is the part of beti bachao, beti padhao campaign. Sukanya samriddhi account rules reserve bank of india. The scheme aims to ensure a bright future for the girl children by facilitating their education and marriage expenses. It aims to motivate parents to open an account in name of girl child for her welfare and meet expense requirements of higher education and marriage. The scheme was launched by prime minister narendra modi on 22 january 2015 as a part of the beti bachao, beti padhao campaign. Sukanya samriddhi account rules, 2016 department of economic. Sukanya samriddhi yojana 2018 ssy account opening form.
Under the sukanya samriddhi scheme, a parent or legal guardian can open an account in the name of the girl child. Sukanya samriddhi account girl child prosperity account is a government of india backed saving scheme targeted at the parents of girl children. It allows opening only one account on the name of a girl child. Birth certificate of girl child address proof identity proof b benefits of sukanyasamriddhi account scheme 1. Apr 21, 2020 on 23 july 2018, the criteria for the minimum annual deposit for the sukanya samriddhi yojana account had been revised to rs. 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. Interest rate for small saving schemes unlikely to be increased in april. Ministry of finance department of economic affairs vide their egazette notification dated 12th dec,2019,g.
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 yojana sukanya samriddhi account is government of india backed savings scheme targeted at the parents of girl child. This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or india post branch. Parents can open up to two such accounts for girls they cannot open a thirdfourth account, etc. Sukanya samriddhi yojana open sukanya samriddhi account. Govt cuts minimum yearly deposit for sukanya samriddhi. 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. 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 was launched by the central government in january 2015.
Sukanya samriddhi yojana eligibility, interest rate, benefits. We were probably first in providing information about sukanya samriddhi account and its benefits. Sb savings account, rd recurring deposit, mis monthly income scheme, scss senior citizen saving scheme, ppf public provident fund, ssa sukanya samriddhi account,tdtime deposit 1235 year, kvpkisan vikas patra, nscnational savings certificates viiith issue date. Documents required for sukanya samriddhi account today we are providing the list of documents required for sukhanya samriddhi account yojana. This website belongs to department of posts, ministry of communications, goi. Sukanya samriddhi yojana account personal finance guru. Documents required for opening sukanya samriddhi account are. The maximum age of the girl child should not be more than ten years from the date of opening the account. Sukanya samriddhi yojana account faqs icici bank answers. Although earlier governments have also taken many initiatives in the name of girl child but sukanya samriddhi yojana is one of its kind and we havent seen any precedent to such a scheme. Sukanya samriddhi yojana is a small savings scheme exclusively for the girl child. Ministry of finance department of economic affairs notification new delhi, the 2nd december, 2014. It is run by the ministry of women and child welfare, govt. 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.
Its a special deposit scheme launced by our prome minister narenda modi on 22 nd january 2015 for a girl child. Apr 01, 2020 in this regard, government has amended sukanya samriddhi account rules, 2016. With guaranteed interest income and tax exemptions available, this scheme is the ideal choice for the parent or legal guardian of a girl child, to provide for her higher education andor marriage and secure her financial. Sukanya samriddhi yojana account opening, how many account. Sbi sukanya samriddhi yojana is a governmentbacked one of the best investment schemes exclusively designed for the girl child in a family. Only one account can be opened in the name of a girl child. Circle, sukanya samriddhi account, deposit in rupees. The account shall mature after 21 years from the date of opening or on marriage of girl child under whose name the account is opened whichever is earlier. It was launched as a small savings scheme under beti bacho beti padho bbbp in january 2015. Sukanya samriddhi yojana account has been included an attractive interest rate of 8. The scheme revolves around the objective of welfare of women and the girl child in india. Sukanya yojana introduction, interest rate, maturity, apply. Initial deposit for opening sukanya samriddhi account as per the scheme of sukanya samriddhi account, the legal guardian needs to pay rs at the time of opening the account. The sukanya samriddhi account is designed to provide a bright future for your girl child.
I hereby undertake to abide by the provisions rules of the sukanya samriddhi account mentioned overleaf and amendments issued thereto from time to time. 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 padhao campaign. The minimum amount required to open the sukanya samriddhi yojana, a government backed scheme targeted towards a girl child and her financial needs, has been reduced. 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.
Flexibility in deposits any number of times amount can be deposited in. The girl child prosperity scheme, popularly known as sukanya samriddhi yojana was launched by prime minister of india in january 2015 with a clear aim of securing the future of girl children in india. Upto two girl children or three in case of twin girls as second birth or the first birth itself results in three girl children. Accounts can be opened for a maximum of two girl children in one family. Govt cuts minimum yearly deposit for sukanya samriddhi account to rs 250 sukanya samriddhi scheme was launched in 2015. This scheme is especially for girls of 10 years or younger. Sukanya samriddhi yojana eligibilty benifits and pdf form. Sukanya samriddhi account ssa is an investment scheme which can be opened for a girl child. Sukanya samriddhi account application form download. Sukanya samriddhi yojana calculator ssy calculator online. Open sukanya samriddhi yojana account online pmyojana. List of banks offering sukanya samriddhi savings account last. This scheme is launched to encourage parentsguardians of the girl child to build a corpus. Sukanya samriddhi yojana ssy is a govt backed saving scheme launched by prime minister narendra modi to empower girl child.
The interest rate for janmar19 q4, fy 201819 was 8. Sukanya samruddhi yojana account scheme details icici bank. The account opening form to be used and the specimen of pass book is provided in. The account may be opened with an initial deposit of rs. Sukanya samriddhi yojana details interest rate for ssy account. Asher and others published sukanya samriddhi yojana. Sukanya samriddhi yojana sbi ssy account for girl child.
Since then the scheme has been gaining huge popularity. Any amount that would be deposited in sukanya samriddhi account would be exempted from tax under 80c of it act, 1961, till a maximum of rs 1. In these rules, unless the context otherwise requires,a account means the sukanya samriddhi account opened in accordance with the provisions of these rules. 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. Documents required for sukanya samriddhi account yojana. Sukanya samriddhi yojana sbi ssy account for girl child by. Open an account with icici and build a corpus for your girl childs future education and other major expenses.