Sukanya Samriddhi Yojana is the most ambitious scheme of Modi Government which is launched for the welfare of the girls in India. If you have a daughter and you want to make her future secure than this scheme will be very usefull for you. If you want to take the advantage of this scheme than read this article till end to understant the complete details of the scheme. Main Objective of Sukanya Samriddhi Yojana:
In actual manner the central government has introduced this scheme with an aim to make the bright future of the girls. With the help of the scheme all the poor or middle families can reduce the burden of daughter education and marriage. The most important benefit of the scheme is that the parents of the daughter can withdraw the scheme amount at the time of daughter marriage after maturity.
How to Apply for Sukanya Samriddhi Yojana:
All the people can apply for this scheme who has a daughter below 10 years. According to the procedure of the scheme, the applicant will have to open an Sukanya Samriddhi Yojana account in the nearest post and authorized banks such as as SBI, PNB ICICI Bank or others. After completing the age of your daughter of 21 years than this account will be matured and you can withdraw all the amount of the scheme.
Benefits of Scheme:
Under this scheme, the applicant can take several benefits of the scheme such as 8.5% interest rate, tax exemption on accumulated wealth under 80C and the applicant can get tax exemption on deposit amount of 1.5 lakh.
Who Can Open Sukanya Samridhi Yojana Account:
According to the terms & condition of the scheme, if any person have one or two daughter than he can open Sukanya Samriddhi Yojana account but if he has more then two daughters, in this case he can not open this scheme. As per the scheme, a family can open this account only for two daughters.
In this scheme, the government will give 8.5% interest rate on the deposited amount per annum. According to the scheme. the applicant can deposit an amount from Rs. 1000/- to Rs.1,50,000/- in this account but it is mandated that the applicant at least Rs. 1000/- in this accont to take the benefit of the scheme.
Under this scheme, the applicant can deposit the scheme amount in one-time or installments for a year. After opening this scheme, the applicant need to remember one thing if will not deposit Rs.1000/- in any financial year in this condition your account will be closed. After closing the account if you want to reopen this account than you will have to pay fine of Rs. 50/- per year. Besides, the account holder will have to maintain the minimum amount in this account.
As per the new terms and conditions, the account holder can withdraw the whole amount when your daughter will be completed the age of 21 years because at the age of 21 years the account will be matured. At this time you will not get any interest benefit.
However, this scheme is launched under Beti Bacho Beti Badhao abhiyan and the government has also make some changes in this scheme in 2016.
New Updated Features
- The account holder can or applicant can deposit amount in this account through the both online or offline mode.
- The applicant can also open this account for adopted girl child.
- If the account holder lost his or her passbook, in this condition account holder can get new passbook by paying Rs. 50/-.
- The applicant can open one account for one daughter.
- The complete amount can be withdrawed at the time of maturity of account
Required Document for Open Account:
- Aadhaar Card
- Brith Certificate of Child
- Parent ID Proof
- Address Proof.