Salient features of Sukanya Samriddhi Scheme, benefits of Sukanya Samriddhi yojana

1. Sukanya
Samriddhi
Scheme

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Sukanya
Samriddhi
Scheme

3. A Saving
Scheme
beneficial
for both
Girl child
and her
proud
father.

4. Special deposit account under the Sukanya
Samriddhi Yojana (Girl child prosperity scheme)
launched by the Prime Minister of India on 22
January 2015, with the stated aim of improving
the welfare of female children.

5. The account will remain
operative until the child turns
21 years or till
marriage of the girl child.

6. EEE i.e Exempt Exempt Exempt Scheme which means
all the contribution under upto 1,50,000 is allowed for
deduction under section 80C.
Both interest and maturity will be exempt from taxes.
 Interest rate of 9.2% as compared to 8.7% in PPF.

7. Under this scheme a saving account can be
opened by the parent or legal guardian of a
girl child of less than 10 years of age (born
on or after: 02-December-2003; For FY
2014-15) with a minimum deposit of
₹ 1,000/- in any post office or authorised
branches of commercial bank.

8. • Birth documents of girl child(Birth certificate)
• Address proof [ Who is opening the account on child's
behalf ]
• Identity proof [ Who is opening the account on child's
behalf ]
• 3 Photos of parents and 3 photos of the child
• Pan card and Aadhar card copies of parents.

9. State Bank of Hyderabad Indian Overseas Bank
State Bank of Mysore Punjab National Bank
Andhra Bank Syndicate Bank
Allahabad Bank UCO Bank
Bank of Baroda Oriental Bank of Commerce
Bank of India Union Bank of India
Punjab & Sind Bank United Bank of India
Bank of Maharashtra Vijaya Bank
Canara Bank Axis Bank Ltd
Central Bank of India ICICI Bank Ltd
Corporation Bank IDBI Bank Ltd
Dena Bank State Bank of Travancore
Indian Bank

10. Apart from this list, the
account under Sukanya
Samriddhi Yojana may also
be opened with Post
Offices.

11. • Up to 50 per cent of the account
balance is allowed
• Only once after the girl child
completes age of 18 years, for the
purpose of financing her higher
education.

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