Sukanya Samriddhi Yojana (SSY) :
Sukanya Samriddhi Yojana in the central government scheme for Indian Girls Child Under 10 Years. According to this scheme, the interest rate is the best under this scheme. Every parent can this government scheme. Who has the Girls child? Because this Sarkari yojana is only for girls.
Now again Modi Ji has been the prime minister of India for 2019-2024. So this is very Good News for all who take. And this is the best for those who have not taken still. We give you the best rules for availing of this government scheme.
There are few points for Sukanya Samriddhi Yojana. How you can open an account for your Daughter who is under 10 Years. This Yojana comes under “Beti Padawo, Beti Bachao”. Modi had launched this scheme on 22 January 2015.
How to Open An account of Sukanya Samriddhi Yojana
For the opening of the Sukanya Samriddhi Yojana account, you need to have few documents.
- To open Sukanya Samriddhi Yojana your daughter’s age should be under 10 Year Old.
- You can open only one account per girl child.
- You need to submit Girls Birth Certificate, Parent Aadhar Card, Pan Card and Address proof along with Photo.
- We can visit the nearest Head Post Office, Nearest Bank, to get opened Sukanya samriddhi Yojana(SSY).
- While Opening this account you can deposit a minimum of 250 Rupees to continue this account.
- And you can deposit per year 1.5 Lakh Per year not more than this.
- The interest rate of this account is 8.5% per year in the financial year 2018-2019.
- You can withdraw this amount when your child turns 18 years for higher education.
- You can withdraw you all amount after 21 years of your child’s age.
- So you can withdraw you 50% amount when your child turns 18 years old.
How much amount can be deposited in Sukanya Samriddhi Yojana?
As a result, this is the best question for parents. Who is making a plan to deposit in sukanya samriddhi Yojana? According to Govt Rules, you can start depositing 250 Rs. To 1,50000/- per year. You can get a handsome interest rather than another saving account.
What happens when we are unable to deposit the amount per year
Good Question for every parent if you are not able to deposit amount per year. As per the Sarkari yojana Sukanya Samriddhi Yojana you will have to deposit 50 Rupees as a penalty. If you don’t deposit penalty your saving interest will be as per normal saving interest like 4%.
How to deposit amount in the Sukanya Samriddhi Yojana account.
Excellence questions for each family to aware of. You can deposit amount by Cheque, DD, Cash, Net Banking, Bhim UPI. There are many more options to deposit the amount in your child Sukanya Samriddhi Yojna.
The central government has designed this scheme very simple easy to understand. If you follow the above chart you can get a wonderful amount at the end of the closing scheme.
Tenure of Sukanya Samriddhi Yojana Account
Sukanya Samriddhi Yojana has a tenure equal to the time the girl child is 21 years of age or upon her marriage attaining the age of majority (18 years). However, contributions only need to be made for 15 years. Thereafter the account continues to earn interest until maturity even if no deposits are made into it. sukanya samriddhi account is such an account that gives the best advantage.
There are many options to deposit the amount in sukanya samriddhi yojana that. For more info in detail about sukanya yojana details.
Interest rates revisions
|Serial Number||Financial Year||Date Range||Interest Rate||Minimum Investment||Maximum Investment|
|1||2014-15||1 April 2014 to 31 March 2015||9.1%||1,000||150,000|
|2||2015-16||1 April 2015 to 31 March 2016||9.2%||1,000||150,000|
|3||2016-17||1 April 2016 to 30 Sep 2016||8.6%||1,000||150,000|
|4||2016-17||1 Oct 2016 to 31 Mar 2017||8.5%||1,000||150,000|
|5||2017-18||1 Apr 2017 to 30 June 2017||8.4%||1,000||150,000|
|6||2017-18||1 July 2017 to 31 Dec 2017||8.3%||1,000||150,000|
|7||2018-19||1 Jan 2018 to 30 Sep 2018||8.1%||250||150,000|
|8||2018-19||1 Oct 2018 to 31 Dec 2018||8.5%||250||150,000|
|9||2018-19||1 Jan 2019 to 31 March 2019||8.5%||250||150,000|
When you can withdraw all money from Sukanya Samriddhi Account
Everyone wants to know about the sukanya samriddhi scheme withdrawal whole money. For your confirmation in the sukanya samriddhi scheme, anyone can take all the money after 21 years. Sukanya scheme is not only for Poor but also for all Indians. You need to visit the nearest Post office to open the sukanya samriddhi bank account. After completion of 21 years, account interest will be normal according to market value.
Can we open in Bank
Yes, you can open the sukanya samriddhi account in SBI Bank. But before submitting all docs consult to the branch manager for this. Mostly government bank is opening Sukanya smariddhi account in their bank. In-state bank of India this option is available.
Sukanya samriddhi Form you would fill and attach all required docs.
What is the sukanya samriddhi yojana interest rate
It’s a very nice question for all parents. Basically this account interest rate is very high rather than another saving account. Parents can use this account as a master or main account for future savings. Sukanya samriddhi scheme gives a high rate of interest and changes every year by increasing. Current Post office sukanya samriddhi yojana interest rate is 8.5% per year. It’s wonderful.
Can we transfer this account throughout India?
Good News for all account holder parent avail this service. For your information, if you have shifted from one state or place to another due to any reason. Like Your Job location changed, You are transferred etc. In such case you have to show the proof of shifting.
If your document is valid bank or post office head transfer this free of cost. But if you don’t give any valid proof you will have to pay 100/- Rupees as Fine for Transferring sukanya samriddhi account.
“I hope this is enough information for the sukanya samriddhi Yojana account. if any further update, we would update the same article from time to time. Kindly share this to your friends and family member”