Check all the details related to Sukanya Samriddhi Account Yojana. A Scheme in which you can invest for Girl child as part of Beti Bachao Beti Padhao yojana
2. What is Sukanya Samriddhi Yojana Account?
• The Sukanya Samriddhi Yojana (SSY), also known as girl child prosperity scheme is launched by Prime
Minister Narendra Modi. SSY account is to ensure a bright future for girl children in India. This Sukanya
Samriddhi Yojana is to facilitate them proper education and care free marriage expenses. The scheme has
been accepted well by the masses in wake of the financial security and independence it would provide to the
girl child as well as their parents and guardians.
3. Is there any Notification from Govt of India?
• Sukanya Samriddhi Yojana has been introduced by Government of India Notification No. G.S.R.863(E) dated
December 02, 2014 and circulated to Banks by Reserve Bank of India vide their letter No.RBI/2014-
15/494/IDMD(DGBA).CDD/No.4052/15.02.006/2014-15 dated 11th March 2015. Facility to open accounts
under the scheme is available at all SBI branches.
4. •What are the Sukanya Samriddhi Yojana
Account Features?
1) Attractive interest rate of 9.2%. Interest rate is regulated by Ministry of Finance from time to time
2) Minimum Rs. 1,000 can be invested in one financial year
3) Maximum investment of Rs. 1,50,000 can be made in one financial year
5. Features of Sukanya Samriddhi Yojana
4) Deposits in an account can be made till completion of 14 years, from the date of opening of the account
5) The account shall mature on completion of 21 years from the date of opening of the account, provided that where
the marriage of the account holder takes place before completion of such period of 21 years, the operation of the
account shall not be permitted beyond the date of her marriage
6. Benefits from Sukanya Samriddhi Account
• Tax Exemption
Investment in Sukanya Samriddhi Yojana is exempted from Income Tax under section 80C.
The scheme offers Tax Benefit under Triple regimen ie. Principal, interest and outflow all are tax
exempted
7. Sukanya Samriddhi Yojana Benefits
• Withdrawal Facility
To meet the financial requirements of the account holder for the purpose of higher education
and marriage, account holder can avail partial withdrawal facility after attaining 18 years of
age
9.2%
9. ---Thank You---
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