Sukanya Samriddhi Yojana is a modern savings scheme launched by the government of India for the benefit of girls. It is a part of the” Beti Bachao, Beti Padhao ” scheme that frees parents from worrying about their daughter’s future. Under this scheme, parents can open a girl child account for their daughter and make regular deposits in it. This account can be opened easily at the post office. Parents must apply with the necessary papers and documents such as Application Form, daughter’s birth certificate, father’s or mother’s ID certificate, address certificate, photograph etc.
The main objective of Sukanya Samriddhi Yojana is to secure the future of the daughter. It is a conservation plan that aims to provide them with financial support so that they can get a good education, prepare for a career, and empower themselves. Under this scheme, a girl can start her life with a minimum amount of Rs 1,000 and this amount increases over the years and gets credited to the savings account.
Another important advantage of Sukanya Samriddhi Yojana is that compound interest is paid on the amount deposited under it, which distinguishes it from other savings schemes. Moreover, the tenure of this scheme is 21 years but can be extended if required. Further, if funds are required for daughter’s marriage, withdrawals can also be made under the scheme.
Sukanya Samriddhi Yojana is a big positive step for girls in Indian society. The scheme is a means of promoting economic self-sufficiency as well as protecting girls ‘ rights. Through this, the government has also conveyed the message that daughters are also important in the society and should be considered as a dedicated part of the society.
Therefore, Sukanya Samriddhi Yojana is a comprehensive and beneficial scheme that seeks to bring change in society to ensure a quality future for girls. You can also take advantage of this scheme for your daughter to ensure her future security and prosperity.
सुकन्या समृद्धि योजना (SSY) की मुख्य बातें
| योजना | सुकन्या समृद्धि योजना (SSY) |
| ब्याज दर | 8% प्रति वर्ष (वित्तीय वर्ष 2023-24) |
| मैच्योरिटी पीरियड | 1 साल या जब तक बालिका 18 साल की नहीं हो जाती है |
| न्यूनतम डिपॉज़िट | राशि ₹ 250 |
| अधिकतम डिपॉज़िट राशि | एक वित्तीय वर्ष में ₹ 1.5 लाख |
| योग्यता | 10 वर्ष से कम आयु की बालिका के माता-पिता या कानूनी अभिभावक बालिका के नाम पर SSY अकाउंट खोलने के योग्य हैं |
| इनकम टैक्स छूट | आयकर अधिनियम, 1961 की धारा 80सी के तहत छूट (एक वर्ष में अधिकतम 1.5 लाख रुपये) |
| ऑफिसियल वेबसाइट | nsiindia.gov.in |
Complete information on important elements of Sukanya Samriddhi Yojana (ssy).
Eligibility for opening an account: under the scheme, the age of the girl child should be minimum 10 years and maximum 10 years. Moreover, only one account can be opened for one girl.
Account opening procedure: to open an account, the guardian or legal representative must fill out and submit the application form to a private bank or post office. The application form also requires the necessary documents to prove the identity of the Guardian.
Investment and deposit: the minimum amount to open an account is Rs 250. A minimum recurring deposit of Rs 250 can then be made. The maximum amount can be deposited in the account is Rs 1,50,000 per financial year. This amount must be deposited for at least 15 years.
Interest rate: under Sukanya Samriddhi Yojana, the interest rate is set annually and in the year 2021-2022 it is 7.6 per cent. Interest rates are regularly revised by the government periodically.
Withdrawal from account: when a girl is over 18 years old or has passed Class 10, up to 50% can be withdrawn from her account for her further education. This money can be received as lump sum or partial payment. Only one withdrawal is allowed in a financial year and additional withdrawals can be made in partial payment for a maximum of five years.
Blocking and payment: if for some reason the minimum amount is not credited on time, the account will be called ‘default account’. However, this default account will continue to accrue applicable interest until the maturity date. However, a default account can be revived before the completion of 15 years of account opening by investing a minimum of Rs 250 + Rs 50 (penalty).
Tax benefits: Sukanya Samriddhi Yojana is an income tax savings scheme that provides tax benefits on the amount invested. Investments made under this scheme can be availed of tax exemption up to a fixed limit.
सुकन्या समृद्धि योजना की ब्याज दरें वर्ष 2023
| अवधि (वर्ष) | SSY ब्याज दर (% सालाना) |
|---|---|
| Q1 FY 2023-24 | 8.0 |
| Q4 FY 2022-23 | 7.6 |
| Q3 FY 2022-23 | 7.6 |
| Q2 FY 2022-23 | 7.6 |
| Q1 FY 2022-23 | 7.6 |
| Q4 FY 2021-22 | 7.6 |
| Q3 FY 2021-22 | 7.6 |
| Q2 FY 2021-22 | 7.6 |
| Q1 FY 2021-22 | 7.6 |
| Q4 FY 2020-21 | 7.6 |
| Q3 FY 2020-21 | 7.6 |
| Q2 FY 2020-21 | 7.6 |
| Q1 FY 2020-21 | 7.6 |
| Q4 FY 2019-20 | 8.4 |
| Q3 FY 2019-20 | 8.4 |
| Q2 FY 2019-20 | 8.4 |
| Q1 FY 2019-20 | 8.5 |
| Q4 FY 2018-19 | 8.5 |
| Q3 FY 2018-19 | 8.5 |
| Q2 FY 2018-19 | 8.1 |
| Q1 FY 2018-19 | 8.1 |
| Q4 FY 2017-18 | 8.1 |
Eligibility for Sukanya Samriddhi Yojana (ssy).
The eligibility criteria for Sukanya Samriddhi Yojana (ssy) are:
Age limit: when opening Sukanya Samriddhi Yojana account, the age of the girl child should be less than 10 years. Therefore, navajammi Sukanya Samriddhi Account cannot be opened.
Account holder: Sukanya Samriddhi Account can only be opened by parents or legal guardian in the name of the girl child.
Number limit: a family is allowed to open only one Sukanya Samriddhi account, i.e. only one account can be opened for each girl child.
Special provisions: in some special cases, an account can be opened for more than one girl. If a girl was born before the birth of twins or triplets or three children were born together, a third Sukanya prosperity account can be opened. However, if the girl is born after the birth of twins or triplets, then the third Sukanya prosperity account cannot be opened.
Benefits of investing in Sukanya Samriddhi Yojana
There are many advantages to investing in Sukanya Samriddhi Yojana (ssy). Benefits of investing in Sukanya Samriddhi Yojana:
High interest rates: Sukanya Samriddhi Yojana offers high interest rates on the amount invested. Currently, this plan is offering an interest rate of 8% per annum, one of the best savings plans.
Tax benefits: Sukanya Samriddhi Yojana is an income tax savings scheme that provides tax benefits on the amount invested. Investments made under this scheme can be availed of tax exemption up to a fixed limit. This tax benefit helps investors get a higher amount.
Discount on home loan: a discount on home loan can be availed on the amount deposited under Sukanya Samriddhi Yojana. When the girl turns 18 and her account is open for 6 years, she can apply for a housing loan and receive up to 50% of her deposit.
Financial security: Sukanya Samriddhi Yojana is supported by the government and administered under the aegis of Reserve Bank of India (IRB). It is a secure and certified investment scheme that financially secures the future of the girl child.
Benefit of compound: the important benefit of Sukanya Samriddhi Yojana (ssy) is that it gets the benefit of compound interest annually. When you invest your investment amount in the plan, annual interest applies to it and this interest also applies to the principal amount of your previous year in the next year. This process is called compounding. This means that the interest on your capital also increases and this gives you more profit. If you invest for a long time you get increased assets due to compounding.
Easy transfer: another important advantage is that Sukanya Samriddhi Account can be transferred easily. If you encounter any problems related to bank or post office or you need to transfer the account to another location as per your requirement, you can do it freely. This helps you maximize convenience and investment.
Sukanya Samriddhi Account How to fill the application form?
The application form for Sukanya Samriddhi Yojana (ssy) can be filled by following the steps given below:
First you have to get the application form for Sukanya Samriddhi Yojana. You can get it from your nearest bank or post office. You can also download it from internet.
Fill out the application form carefully. You must enter the required information such as applicant’s name, address, father’s name, date of birth, identity certificate details, etc. Attach all necessary documents to the form, such as the applicant’s ID certificate, address certificate, date of birth certificate, etc.
In the form, you must also provide information about your child. This will include their name, date of birth, number of pre-born twins or three children, etc.
Also enter your bank account details in the form. This account will be used for your investments and the funds will be used to receive dividends.
When your form is complete, you will need to submit it to your nearest bank or post office. In addition, also submit verified copies of all attached documents.
You can contact a bank or post office a few weeks after applying to check your application status. They will inform you about the progress of the application and provide you with Sukanya Samriddhi Yojana account number.
Sukanya Samriddhi Yojana related questions (FAQ).
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana is an investment scheme provided by the government of India for the future of girl child. The scheme aims to provide financial security for girls ‘ education and marriage. The main objective of the scheme is to provide financial accommodation to the girl child to raise funds for their education and marriage.
Is Sukanya Samriddhi monthly or yearly?
Both types of subiha are made in advance, with monthly contributions made on the first date of each month. Annual contributions are to be made on 1 April each year.
What is the age to open a Sukanya account?
The girl child must be at least 10 years old to open an account in Sukanya Samriddhi. The scheme is for girls only and they must be below 10 years old to be eligible for the scheme.
Which bank should Sukanya’s account be opened?
You can open Sukanya Samriddhi account in various government and private banks. This account allows you to open at a bank or financial institution supporting Sukanya Samriddhi Yojana. Here are the names of some of the major banks through which you can open Sukanya Samriddhi Account:
State Bank of India
Punjab National Bank
Bank of Baroda
ICICI Bank
Hindustani bank
Kotak Mahindra Bank
What is the minimum deposit amount in Sukanya Samriddhi Account?
Sukanya Samriddhi Yojana stipulates minimum deposit amount and it is required to be deposited while opening an account as per the rules. At present, the minimum deposit amount in Sukanya Samriddhi Account is Rs 250.
What is the advantage of opening a Sukanya account?
There are many advantages to investing in Sukanya Samriddhi Yojana (ssy), such as higher interest rates, tax benefits, housing loan concessions, financial security.
Sukanya Samriddhi Yojana is a Government Savings Scheme for Indian mothers to provide financial security and education to their daughter. The scheme was launched on 22 January 2015 by Prime Minister Shri Narendra Modi. Under this scheme, parents can invest for their daughter by opening an account in commercial banks and post offices.
