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How much money can be opened under Sukanya Samridhi Yojana?
What is the lock-in period of Sukanya Samriddhi Yojana (SSY)?
What is the minimum contribution to Sukanya Samriddhi Account?
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Jul 27, 2024 · The minimum deposit amount for an SSY account is Rs.250, thereafter in multiples of Rs.50, and the maximum deposit is Rs.1,50,000 in every financial year, up to 15 years. Deposits can be made through cash, cheque, demand draft or online transfer.
Jul 22, 2024 · SSY is a government-backed scheme for girl child's education and marriage. Learn about the eligibility criteria, interest rate, deposit limits, tax benefits and other features of SSY.
- No. The facility of loan against SSY account balance is not currently available. You can avail the option of loan against PPF instead.
- Yes. Premature closure of the Sukanya account is allowed in certain cases. This may include compassionate grounds due to terminal illness, the unex...
- The SSY account will have to be closed if the girl child becomes an NRI or loses her Indian citizenship.
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.
You have the flexibility to make deposits up to Rs. 1.5 lakh per fiscal year, making it accessible for people from all sections of society. Even if you miss a payment for a year, a penalty charge of Rs. 50 will be levied on the minimum payment of Rs. 250, but the account will continue.
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- Any legal guardian or parent of a girl child can open Sukanya Samriddhi Account on behalf of their girl child.
- The minimum deposit amount required per annum is Rs.250.
- Sukanya Samriddhi account can be opened at any of your nearest post offices or at any branch of the authorized banks. These banks include almost al...
- Only parents or legal guardians of one or more girl child can avail the Sukanya Samriddhi Scheme in the name of their daughter.
- Yes. Sukanya Samriddhi is a central government scheme and as such is present in each and every state of the country.
- No. Only a partial withdrawal of up to 50% is allowed and that also when the girl child has attained at least the age of 18 years. This amount can...
- The maximum amount that can be deposited under the Sukanya Samriddhi Scheme is Rs.150000 per annum.
- As of now, there is no official communication regarding this issue and such NRIs are, for the time being, not covered under the Sukanya Samriddhi S...
- No. Currently, the feature of converting a deposit account to Sukanya Samriddhi Account is not available. Sukanya Samriddhi is a special scheme aim...
- Since the Sukanya Samriddhi scheme is a newly launched scheme, the government does not want few people to miss availing it due to reasons pertainin...
Introduction. The Sukanya Samriddhi Account (SSA) Schemei is a small deposit scheme of the Government of India meant exclusively for a girl child. It was launched by Prime Minister Narendra Modi on 22nd January 2015 as a part of Beti Bachao Beti Padhao campaign. The scheme is meant to meet the education and marriage expenses of a girl child.
Sep 13, 2024 · Deposits: A minimum deposit of ₹250 is needed, per year, for 15 years. The maximum amount that can be invested in a financial year is ₹1.5 lakh. Deposits can be made in multiples of 100 and through cash, cheque, demand draft or online transfer. You can make any number of deposits in a year.
What is the minimum deposit amount in Sukanya Samriddhi Yojana? You may open the Sukanya Samriddhi Yojana account with a minimum initial deposit of just Rs 250. However, the maximum amount you can deposit in the SSY account is Rs 1.5 lakh per financial year.
