Details of Sukanya Samriddhi Scheme. How to open sukanya samriddhi account.
Details of Sukanya Samriddhi Scheme. How to open sukanya samriddhi account. Sukanya samriddhi account is opened to save the money and create the big amount to do the expenses of daughter’s education, Health expenses and expenses of daughter’s marriage.
Sukanya samriddhi account is opened for only in the name of girl child. It is not opened in the names of Boy child or son. It is opened for two girl/Daughter.
Sukanya samriddhi account is very important scheme run by Central Government of India.
Sukanya samriddhi account is the specially design scheme by Government of India to save the girl and empowerment of girl and women in India. It is specially design scheme for those people who are not able to do the educational expenses, health expenses and marriage expenses of their daughter.
Sukanya samriddhi account is opened in the name of daughter jointly with the parents. Details of Sukanya Samriddhi Scheme. How to open sukanya samriddhi account.
Sukanya samriddhi scheme offers very high rate of interest on Deposit.it can be opened in post office and all the nationalised bank in India.
Sukanya Samriddhi Account Features:
Age of Girl/Daughter: 0 to 10 years.
Minimum amount: Rs.250/-
Maximum amount: Rs.150000/-per annum.
Withdrawal of amount: After completing 18 years age of daughter, 50% amount can be withdrawn for the educational purpose.
Deposit period: Up to 14 years from the Account opening date.
Maturity period: After 21 years age of daughter:
Loan facility: Loan facility not available on Sukanya samriddhi account.
Income tax benefit: Under 80c of IT Act 1961.
Documents required:
Aadhar card of daughter or
Birth certificate of daughter or
Leaving certificate.
Photo of daughter.
Pan card of parent
Aadhar card of parent.
PROCESS TO OPEN SUKANYA SAMRIDDHI ACCOUNT IN THE BANK
To Open the “Sukanya Samriddhi Account” in the bank where you want to open the account comes under the operational department. To open the Sukanya SamriddhiAccount, customer has to fill up the CUSTOMER INFORMATION FORM(CIF) WITH SUKANYA SAMRIDDHI ACCOUNT OPENING FORM. FORM should be fill up by the customer’s own handwriting with dully signed by the customer. After fill up the form customer has to submit KYC (KNOW YOUR CUSTOMER) Document with the form.
KYC document means PAN CARD, AADHAR CARD, VOTING CARD, EMPLOYER ID CARD, LIGHT BILL, TELEPHONE BILL WITH latest passport sized Photograph to stick on the ACCOUNT OPENING FORM. All the KYC document should be verified by the concern manager/officer of the bank where you are going to open the Sukanya samriddhi account. After submission of the Account opening form with necessary document, operational department will process your account opening application and give you one number that is called as ACCOUNT NUMBER. After receiving Account number, you can ready to deposit the Initial amount in your account.
You can open Sukanya Samriddhi Account with singly or jointly. If customer is above 10 years, then account can be opened in the single name of customer. If customer is below 10 years, then account is opened jointly with the parents. Customer can open their account jointly only with their parents. Sukanya Samriddhi Account having option of “operation of Account” means how you operate your account, whether you want to operate your account by yourself only/singly or by jointly with parents. If you opted “Singly” the account operating option it means, then only and only you can do the transaction in your account, transaction means depositing the amount to your account and withdrawing the amount from your account. If you select “Jointly” as account operating option, then your account can be operated jointly.
Benefit of investment in Sukanya Samriddhi Account:
Example:
if you invest Rs.3000/-per month for 14 year at the rate of 7.60%, you will get the amount of Rs. 9,11,574/-(nine lacs eleven thousand five hundred and seventy four only). If you invest same amount for 21 years, then you will get Rs.15,22,221/- (fifteen lacs twenty two thousand two hundred and twenty one only).
