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Sukanya Samriddhi Account Scheme

INTRODUCTION:

  • Minimum deposit ₹ 250/- Maximum deposit ₹ 1.5 Lakh in a financial year.

  • Account can be opened in the name of a girl child till she attains the age of 10 years.

  • Only one account can be opened in the name of a girl child.

  • Account can be opened in Post offices and in authorised banks.

  • Withdrawal shall be allowed for the purpose of higher education of the Account holder to meet education expenses.

  • The account can be prematurely closed in case of marriage of girl child after her attaining the age of 18 years.

  • The account can be transferred anywhere in India from one Post office/Bank to another.

  • The account shall mature on completion of a period of 21 years from the date of opening of account.

  • Deposit qualifies for deduction under Sec.80-C of I.T.Act.

  • Interest earned in the account is free from Income Tax under Section -10 of I.T.Act.



Click for Scheme Rule( 2014 and 2016 and 2019 )

Click for Scheme Forms.

Click for Interest Rate.

 
 
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