You Need to Know About New Features of Sukanya Samridhi Yojana 2017
If you are a father of a daughter, then Central government’s Sukanya Samridhi Yojana will be very useful for you. If you have one or two daughters, you can also take advantages of Centre’s Sukanya Samridhi Yojana.
Main Objective of Sukanya Samridhi Yojana:
The government has launched this scheme to promote the education of girls to ensure their bright future. Along with this, it will reduce the burden of education and marriage of the daughter. After maturity, the scheme amount can be withdrawn at the time daughter marriage.
How to Apply for Sukanya Samridhi Yojana:
If your daughter is below 10 years, then you can open an account through the nearest post office and authorized banks such as SBI, PNB ICICI Bank. When your daughter age will 21 years then this account will be matured.
Benefits of Scheme:
It is certain that the applicants will also get tax exemption on accumulated wealth under 80C. Get tax exemption on deposit amount of 1.5 lakh.
Who Can Open Sukanya Samridhi Yojana Account:
If you have two daughters, both can open this account. but if have more then two daughters, so you can not open more then two daughters account. At the time of scheme launch, it was informed that if the child is born between 02 December 2003 to 01 December 2004 then the account could be opened till 01 December 2015.
Under the scheme, on this money about 8.5% interest credits to the account per annum. As per the condition, it is mandated that to deposit one thousand in this account in any one financial year and more than 1,50,000 can also be deposited.
This amount can deposit in one-time or installments for a year. If you are unable to deposit one thousand in any financial year. In this case, your account will be closed and for reopen this account you will have to pay Rs. 50/- as penalty per year and the account holder will have to maintain the minimum amount in this account.
According to the new rules, you can withdraw entire amount when your daughter age will be of 21 years old and the account will be matured. In this case, there will be no interest.
This scheme was launched under Centre’s Beti Bacho Beti Badhao scheme. By the way, the deposit amount limit just like PPF (Public-Private Fund) Rs. 1.5 lakh per annum. The government has added some new features in the updates of the year 2016
New Updated Features
- You can deposit amount through the online.
- The account can also be opened for adopted girl child.
- If you have lost you passbook, so you can get new passbook by paying Rs. 50/-.
- One account will be opened for one child.
- The applicant can withdraw entire amount after maturity of account and girl of 21 years old.
Required Document for Open Account:
- Brith Certificate of Child
- Parent ID Proof
- Address Proof.