All you need to know about Sukanya Samriddhi Yojana A Complete Guide

1. All you need to know about Sukanya Samriddhi Yojana A Complete Guide

2. Introduction Sukanya Samriddhi Yojana Account (SSA) is a central government scheme designed to help girls under the age of 10. The federal government of the country provides a sovereign guarantee on the savings scheme, the proceeds of which the beneficiary receives after the account's maturity in 15 years.

3. Key Features Of Sukanya Samriddhi Yojana Eligibility Partial withdrawal Investment Premature account closure Rate of interest Closure on maturity Taxation Transfer of account

4. Investment Eligibility Investment value : Minimum value – Rs.250 and Maximum value – Rs.1.5 lakh per annum An account can be opened at any post office branch and banks by a guardian of a girl child below 10 years of age. Only one account per girl child is allowed. Current yearly interest rate - 7.6% per annum Maturity value : Would vary depending upon the value invested The natural or legal guardian can open account for a maximum of two girl children only A 3rd account can only be opened in the event of twin girls as second birth or Maturity duration : 21 years from the date of investment

5. Documentation of Sukanya Samriddhi Yojana 01 02 03 Photograph of the parent/ legal guardian Birth Certificate of the girl child SSY Account Opening form 04 (Identity & Address Proof) of the parent/ guardian.

6. 04 Steps To Open SSA Account Collect Your Passbook 03 Submit Your Application Form 02 Carry Documents Required 01 Visit Your Bank of Account Opening

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