How to Open Sukanya Samriddhi Yojana 2023 | Sukanya Samriddhi Yojana pdf | SSY online | Sukanya Samriddhi Yojana Post Office |
In a country like India where on one end the gods and goddesses are worshiped with great devotion, on the other hand the bride is considered a burden. From her birth, a female child is seen as a liability to the family. His parents are more concerned about his future than his present. Amidst all these worries, Sukanya Smriti Yojana is a much needed relief. Which is what a girl’s parents need.
Through the How to Open Sukanya Samriddhi Yojana 2023 article, today we are going to give you information related to one such scheme launched by the Central Government. Its name is Sukanya Samriddhi Yojana.
Through Sukanya Samriddhi Yojana 2023, the beneficiary can invest a large amount for his daughter’s education or marriage. Through this article you will get all important information regarding Sukanya Samriddhi Yojana. Apart from this, you will also get information related to eligibility, important documents and application by reading this article.
Sukanya Samriddhi Yojana is a small deposit scheme for the girl child, launched as part of the ‘Beti Bachao Beti Padhao’ campaign. Every reader can get detailed information regarding this scheme for their girl child. You can get information related to account opening, account management, account closure, withdrawal etc.
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) is a central government small savings scheme for daughters, launched under the Beti Bachao-Beti Padhao Yojana. Sukanya Samriddhi Yojana is the best interest rate plan among small savings plan.
Currently, SSY was paying interest at the rate of 7.6%, which is exempt from income tax. Earlier, it also received tax-free interest of up to 9.2 percent. The Sukanya Samriddhi Yojana account, which can be opened with a very small amount, has been launched with families in mind. Who wants to deposit money for child’s marriage or higher education through small savings. “Sukanya Samriddhi Yojana is a very good scheme for those who have low income and who do not believe in keeping money in the stock market. Capital protection with fixed income is the feature of this scheme.
Sukanya Samriddhi Yojana – Features
How to Open Sukanya Samriddhi Yojana 2023 : As you all know that Sukanya Samriddhi Yojana has been launched by the government to secure the future of girls and for their education and marriage. Daughter’s future can be secured by investing under this scheme. Some of the features of this scheme are as follows.
Under Sukanya Samriddhi Yojana account can be opened for daughter below 10 years of age.
Account can be opened in any post office or bank.
Account can be opened for maximum two children of one family under this scheme.
Accounts can also be opened for three children of a family under certain special circumstances.
Under this scheme, an account can be opened for as little as Rs.250.
Under Sukanya Samriddhi Yojana, a minimum of Rs.250 and a maximum of Rs.1.5 lakh can be invested in 1 financial year.
An interest rate of 7.6% has been fixed under this scheme.
Tax exemption is also available under this scheme under Section 80C of the Income Tax Act.
The returns received through this scheme are also tax free.
50% amount can be withdrawn from Sukanya Samriddhi Yojana for daughter’s higher education also.
Sukanya Samriddhi Yojana 2021 is a central government small savings scheme for daughters.
Under this scheme, the beneficiary can open an account for their daughter in all these banks like Nationalized Bank, Post Office, SBI, ICICI, PNB, Axis Bank, HDFC etc.
Sukanya Samriddhi Yojana Interest Rate
Sukanya Samriddhi Yojana was launched by Prime Minister Narendra Modi under the Beti Bachao Beti Padhao campaign. So that future of daughters can be secured. The investment made under this scheme can be used for marriage and education of the girl child. Sukanya Samriddhi account can be opened in post office and bank. Under Section 80C of the Income Tax Act, 1961, a tax benefit of up to 1.5 lakhs is provided under this scheme.
The interest rate under Sukanya Samriddhi Yojana was earlier fixed at 8.4%, which has now been reduced to 7.6%. After completion of the scheme or if the girl becomes NRI or Non-Citizen in this case no interest is paid. The interest rate is fixed by the government on a quarterly basis.
Documents Required for Sukanya Samriddhi Yojana
How to Open Sukanya Samriddhi Yojana 2023 : Let us tell you that for your Sukanya Samriddhi Yojana, you all have to fulfill certain qualifications, which are as follows –
To open an account under this scheme, the age of the girl child should be less than 10 years.
Photo of child and parents
Birth certificate of girl child
Proof of residence
Depositor (Parent or Legal Guardian) i.e. PAN Card, Ration Card, Driving License
By filling all the above documents, you can apply and you can get the benefit of Sukanya Samriddhi Yojana.