Key benefits of Sukanya Samriddhi Yojana

What is Sukanya Samriddhi Account Scheme?

Key benefits of Sukanya Samriddhi Yojana,

Here all the important information related to Sukanya Samriddhi Yojana has been presented in easy language like -

• What is Sukanya Samriddhi Yojana?
• How to open account in Sukanya Samriddhi Yojana?
• Where does the account open in Sukanya Samriddhi Yojana?
• What are the documents required to open an account under Sukanya Samriddhi Yojana?
• What is the minimum and maximum annual premium of Sukanya Samriddhi Yojana account?
• What is the maximum cost to open an account under Sukanya Samriddhi Yojana?
• What is the minimum and maximum age limit for opening an account under Sukanya Samriddhi Yojana?
• Sukanya Samriddhi Yojana How to reactivate an account in case of account closure?

And other important information related to this is provided in this article.

if you want to read in hindi -click here

 

What is Sukanya Samriddhi Account Scheme?

Sukanya Samriddhi Account Scheme is an important scheme launched by the Central Government in January 2015, Sukanya Samriddhi Account Scheme has been launched as a part of Beti Bachao Beti Padhao program.

How to open account in Sukanya Samriddhi Yojana? how to open an account under Sukanya Samriddhi Yojana.

• How to open account in Sukanya Samriddhi Yojana?

The following points are necessary to open an account in Sukanya Samriddhi Yojana

Only accounts of girls up to the age of 10 years can be opened under this scheme.

It is mandatory for the girl child to be between 0 to 10 years of age to open this account.

Only one girl child account can be opened under this scheme.

To open an account under this scheme, parents or parents can open only two girl accounts under this scheme, in special circumstances such as having twin children, this account can be opened for a maximum of 3 girls.

: -Note --- Only Indian girls are eligible to open accounts under Sukanya Samriddhi Yojana, NRI non-residential Indian is not allowed under this scheme.

Where can I open an account under Sukanya Samriddhi Yojana?

Under this scheme account can be opened in any post office or bank, this account can be transferred from one place to another or from one bank to another bank or post office to any bank.

Documents required for opening an account under Sukanya Samriddhi Yojana document for open an account under Sukanya Samriddhi Yojana

Birth certificate of the girl child is required to open an account under this scheme.

Apart from this, two passport size photographs of the girl and documents related to the identity card of the depositor such as Aadhar card, driving license, PAN card are required.

(Deposits here mean the girl's parents or guardian.)

 sukanya samriddhi yojana application form pdf download 

Some important information of Sukanya Samriddhi Account Scheme which is related to the period of depositing the amount and interest on that amount and the amount of the deposit is described below.

Under this scheme, the minimum annual amount has been fixed at two and a half hundred rupees, earlier this amount was fixed at a minimum of ₹ 1000, which has been revised to 250 rupees in the year 2020,

Similarly, in this scheme, you can deposit up to one and a half lakh rupees in 1 year.

Deposits in this plan have to pay a total of 14 years of premium,

This 14-year period is considered to start from the date of opening of the account, that is, the amount has to be deposited in it for 14 years,

 Under this scheme, the maturity of the account ie Maturity of Sukanya Samriddhi Account has been fixed for 21 years,

This 21 years is the maturity period of the account, these 21 years are reckoned from the date of opening of the account and not from the age of the girl child.

Under this scheme, in normal circumstances it is not possible to close the account before completing the maturity period i.e. 21 years. Under normal circumstances, in certain circumstances this account can be closed even before 21 years, like unfortunately If the girl dies or has some serious illness

In such a situation this account can be closed in the middle and the amount collected in the account at that time is deposited to the girl or to the girl.

Provisions have also been made to withdraw 50% of the amount for higher education of the girl child from this account,

This amount has been earmarked for expenditure in higher education of the girl child after completing 18 years of age.

In this scheme, the depositor has to deposit the amount for 14 years, then for 7 years he is not required to deposit any premium, and he gets the benefit of compound interest every year.

If the depositor is unable to deposit the amount of the annual premium due to any reason or his account becomes active then he can get the Sukanya Samriddhi account reactivated again, for which he has to deposit the outstanding amount of the annual premium with a penalty of ₹ 50. it occurs.

 A special thing to be noted here is that if the maturity period of the account which has been fixed is 21 years, if the account holder is a girl child

One special thing to note here is that if the account holder gets married before the maturity period which has been fixed at 21 years, then the account is closed by providing the girl with the entire amount deposited in that account at the time of marriage. Will be done.

Key benefits of Sukanya Samriddhi Yojana,

Under this scheme, the minimum premium has been fixed at rupees two and a half hundred, and the maximum annual premium can be deposited up to one and a half lakh rupees.

 For example, if a depositor deposits ₹ 1000 per month in this account, then his annual premium is ₹ 12000, and according to the rules of this scheme he keeps depositing ₹ 12000 annually for a maximum of 14 years, then he will make a total of ₹ 180000. Deposits to this account,

And he gets an amount of ₹ 600000 after maturity of this account i.e. 21 years after opening the account.

If you understand from the second example that someone deposits the maximum annual premium of Rs 1.5 lakh per year.

In this way, in 14 years, he deposits a total of 22:50 lakh rupees in this account.

And on completion of the maturity period, she will get 7500000 rupees to the girl in whose name the account was opened.

It is also important to know here that the depositor can deposit the minimum and maximum annual premium amount in installments as per his convenience as well as he can deposit different (more or less) amount every year or every month.

That is, there is only a minimum and maximum premium in this plan.

 How much interest is received in Sukanya Samriddhi account?

8.5% annual interest is available under this scheme.

The interest received under this scheme is of a cyclonic type.

Another important thing of this scheme is that the interest and total amount received on it has been kept completely free from income tax.

 That is, the amount of interest and principal received under Sukanya Samriddhi Yojana has been completely exempted under Section 80C of Income Tax.

The main objective of Sukanya Samriddhi Yojana is to educate girls and provide for their golden future by providing marriage expenses.

That is, this scheme has proved to be an important scheme in the direction of women empowerment, and girls will also be successful in getting higher education by availing the benefits of this scheme.

if you want to read in hindi -click here