Sukanya Samriddhi Scheme
Sukanya
Samriddhi Scheme
Introduction
‘Sukanya
Samriddhi Yojna’ is a small deposit scheme for girl child, launched as a part
of the ‘Beti Bachao Beti Padhao’ campaign, which would fetch an attractive
interest rate and provide income tax rebate.
Benefits
Interest
rate on deposts : 8.40% w.e.f 1st Oct, 2019). Compounded annually with option
for monthly interest pay-outs to be calculated on balance in completed
thousands.
Eligibility
Parents
or legal guardians can open deposits on behalf of a girl children (including
adopted girl child) for up to 2 daughters aged below 10.
Three
girl children, in case of twin girls as second birth or the first birth itself
results in three girl children.
Only
one account can be opened in the name of a girl child.
Minimum
of Rs 250 of initial deposit with multiple of Rs 150 thereafter with annual
ceiling of Rs.150000 in a financial year.
Maximum
period upto which deposits can be made 15 years from the date of opening of the
account.
The
account shall mature on completion of 21 years from the date of opening of
account or on the marriage of Account holder whichever is earlier.
Requirement
of a birth certificate of the girl child
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