A natural legal guardian on behalf of a girl child. It is a small investment scheme that is open for the people who are authorized citizens of india. However the later deposit scheme is far better when it comes to securing the future of a girl child. The flagship sukanya samriddhi yojana currently provides an interest rate of 8. Sukanya samriddhi yojana ssy is a govt backed saving scheme launched by prime. The sukanya samriddhi yojana is longterm investment scheme that can generate high roi. Sukanya samriddhi yojana open sukanya samriddhi account online.
The motive of these schemes is to serve the wishes of parents who want to save money for the higher education and marriage of their girl child through small savings. First, this scheme was offered in branches which were authorized to offer ppf. Sukanya yojana was launched with the aim for the welfare of a girl child. C extension of scheme as per directions of the finance ministry, as a psu, and on the strength of thrust cast upon the bank, our bank has to extend the facility of opening account under sukanya samriddhi yojana in our bank. Narendra modi on 22nd january 2015 in panipat, haryana. The objective of the scheme was to facilitate them proper education and marriage expenses. The sukanya samriddhi account is designed to provide a bright future for your girl child.
It is basically an investment scheme with tax benefits for the parents. Sukanya samriddhi yojana calculator ssy calculator online. The scheme encourages parents to build a fund for the future education and marriage expenses for their female child. Recently mumbai postal department has launched a new website. Its not just other scheme to provide social benefits but a good long term debt investment. The scheme is known to offer a number of benefits to the beneficiaries including financial help. Sukanya samriddhi yojana calculating maturity value. Sukanya samriddhi yojana account comprehensive guide. The candidates can find the respective details of the sukanya samriddhi yojna on this page. It is run by the ministry of women and child welfare, govt.
You may know about the sukanya samriddhi scheme launched by the government of india to support the education of girls. Sukanya samriddhi yojana details and more accountingcapital. Oct 23, 2018 the candidates can find the respective details of the sukanya samriddhi yojna on this page. Sukanya samriddhi yojana calculator free download i suggest you download. It is focused essentially upon the development of girl child in the country. Sukanya samriddhi yojana ssy is a government backed savings scheme, launched exclusively for the benefit of the girl child. As sukanya samriddhi yojana is a newly launched government schemes which aim to provide financial security to all girl child. Nov 01, 2016 sukanya samriddhi yojana was launched by the prime minister mr. It is a small savings special deposit scheme for the girl child.
If you have a daughter and you want to make her future secure than this scheme will be very usefull for you. The sukanya samriddhi yojana was launched as a part of the beti bachao, beti padhao campaign by the modi government on 22 january 2015 after seeking the subjugating conditions of the girl children in the country. The scheme was launched by prime minister narendra modi on 22 january 2015 as a part of the beti bachao, beti padhao campaign. These rules may be called the sukanya samriddhi account rules, 2016. Sukanya samriddhi yojana is the most ambitious scheme of modi government which is launched for the welfare of the girls in india. Not only that, but the amount you receive at the maturity is also tax free, unlike fixed deposits where your mature amount is eligible for taxation. The features of the sukanya samriddhi scheme are as follows the account can be opened on behalf of the girl child by her parents or legal guardians.
Open sukanya samriddhi account online in pnb documents, how. The scheme was launched to help the parents of girl children in india. Apr 24, 2015 tollfree number mumbai post has also taken the initiative to start providing info regarding the scheme and also resolving investors queries on its customer care tollfree number 1800223060. It was introduced by the ministry of finance and launched by the honble prime minister of india, shri narendra modi, on 22nd january 2015, as a part of the beti bachao beti padhao campaign. This website belongs to department of posts, ministry of communications, goi. It is designed in a way to support her higher education andor marriage. The scheme encourages parents to build a fund for the future education and. Interest rate for small saving schemes unlikely to be increased in april. Sukanya samriddhi yojana calculator, chart, interest rate.
Sukanya samriddhi scheme is also known as sukanya samriddhi account or yojana. Jan 17, 2019 sukanya samriddhi yojana ssy is a small deposit scheme for the girl child launched as a part of the beti bachao beti padhao campaign. Kanya vivah yojana is an active social welfare scheme that was launched by the chief minister in the state of madhya pradesh. Sukanya samriddhi yojana scheme details, interest rate. Sukanya samriddhi yojana sbi ssy account for girl child by. Sukanya samriddhi yojana eligibilty benifits and pdf form. What are the tax benefits on sukanya samriddhi scheme. Aug 18, 2019 sukanya samriddhi yojana 2020 online application for pm sukanya samriddhi yojana 2020 is available here, sukanya samriddhi yojana popularly known as syy was launched in the year 2014 by the government of india.
Asher and others published sukanya samriddhi yojana. Conveniently invest in this scheme online through hdfc bank. Sukanya samriddhi yojana has received a great initial response from the general public. The government has taken up various measures in terms of education and financial freedom for the girl child. I name of parentguardian hereby apply for opening an account under sukanya. Lets see what this scheme has to offer, sukanya samriddhi yojana is a saving scheme wherein any person can open an account for hisher girl child to save some funds for her better future. How does sukanya samriddhi yojana ssy calculator work. All in all, sbi sukanya samriddhi yojana is a best investment plan that helps you create a financial corpus to secure the future of your girl child. Sukanya samriddhi yojana calculating maturity value after.
Mudra bank loan scheme, nsdc, gold monetization scheme, sukanya samriddji yojana, jeevan jyoti bima yojana, pradhan mantri khanij kshetra kalyan yojana, evaluation of the bgrei programme, pahal scheme dbtl lpg pradhan mantri jan dhan yojana. Parents can open up to two such accounts for girls they cannot open a thirdfourth account, etc. Sukanya samriddhi yojana ssy is a small deposit scheme for the girl child launched as a part of the beti bachao beti padhao campaign. Created and managed by tata consultancy services ltd. Like the ppf, the interest earned is tax free and there is an annual cap of rs 1. Here in this article, i am going to show you the complete information about sukanya samriddhi yojana post office account. Sukanya samriddhi yojana ssy is a govt backed saving scheme launched by prime minister narendra modi to empower girl child. Parentguardian gets tax exemption on money invested in sukanya samriddhi scheme us 80c.
Hence, using a sukanya samriddhi yojana calculator online is beneficial to have an overall assessment of your investments and returns. Sukanya samriddhi yojana versus lic kanyadan policy. The sukanya samriddhi yojana ssy of the indian government, initiated by prime minister. Open an account with icici and build a corpus for your girl childs future education and other major expenses. Calculate maturity value of amount invested in sukanya samriddhi yojana. One of the reasons why this scheme has become popular is due to its tax benefit. Following are the benefits of sukanya samriddhi scheme interest rates are high than most of the debtoriented schemes like bank deposit and fds. Sukanya samriddhi yojana is a governmentbacked savings scheme as part of the beti bachao, beti padhao yojana for the benefit of the girl child. This is one of the most popular welcome steps that has been taken by the government to change the mindset towards the girl child and. The saving scheme was launched by the government of india as a part of beti bachao, beti padhao campaign. Sukanya samriddhi yojana is a small deposit scheme of the government of india meant exclusively for a girl child and is launched as a part of beti bachao beti. Sukanya samriddhi yojana open sukanya samriddhi account. Sukanya samriddhi yojana was launched on 22nd january 2015 as a part of the beti bachao, beti padhao yojana. Jan 04, 2020 on 21 st january, 2015 the finance ministry released a notification with respect to the applicable interest rate on sukanya samriddhi account.
The sukanya samriddhi yojana will take care of all the expenses of a girl child from higher education to the marriage. The launch of sukanya samriddhi yoajna account was part of the beti bachao beti pada campaign launched by the government. Sukanya samriddhi yojana sukanya samriddhi account a small savings scheme updated 20th september 2019 upsc the sukanya samriddhi yojana is as girl child prosperity scheme under beti bachao beti padhao program of prime minister narendra modi. It was launched by prime minister narendra modi on 22 january 2015. Sukanya samriddhi yojana sukanya samriddhi account a small savings scheme updated 20th september 2019 upsc. Pm sukanya samriddhi yojana 2020 apply online ssy status. About sukanya samriddhi yojana or ssy sukanya samriddhi yojana is a scheme by government of india which is also briefed as ssy and is a prime minister scheme under the program beti bachao beti padhao. Jan 27, 2017 before jumping into which is better between ppf and sukanya samriddhi yojana, first understand the features of both the products. A maximum of 2 accounts can be opened, and in the case. Sukanya samriddhi yojana calculator calculate ssy maturity. Till a girl attains an age of 10, maximum number of accounts.
Sukanya samriddhi yojana calculator ssy calculator. Sukanya samriddhi yojana versus lic kanyadan policy policyx. Sukanya samriddhi yojana is a very popular deposit scheme for girl child guaranteed by government of india. According to the guidelines of the scheme, the permission of opening a sukanya samriddhi account, by the nris has not been given by the government.
Sukanya samriddhi yojna and lic kanyadan policy are schemes launched to provide relief to parents bearing girl child. Sukanya samriddhi yojana sukanya samriddhi yojana ssy is a scheme exclusively for girl children, started by the prime minister of india mr. In what would be regarded as quite a disappointment for lakhs of subscribers to saving schemes such as the national pension scheme, sukanya samriddhi yojana, public provident fund and so on, a government official has said that the interest rate for such schemes is unlikely. With guaranteed interest income and tax exemptions available, this scheme is the ideal choice for the parent or legal guardian of a girl child, to provide for her higher education andor marriage and secure her financial. Jun 14, 2015 sukanya samriddhi yojana account sukanya samriddhi account is a relatively new financial product which has been launched by the government and is described as a risk free investment product. But only the problem lies is why this has been implemented in post office that i don.
This scheme is especially for girls of 10 years or younger. Wikipedia minimum deposit in sukanya samriddhi account. It was launched by prime minister narendra modi 22jan2015. Sukanya yojana sukanya samriddhi account is government of india backed savings scheme targeted at the parents of girl child. Sukanya samriddhi account mumbai post website tollfree.
Launched as a part of beti bachao beti padhao campaign, sukanya samriddhi yojana is a small savings scheme by the government of india. Sukanya samriddhi account girl child prosperity account is a government of india backed saving scheme targeted at the parents of girl children. You need to know about new features of sukanya samriddhi. Sukanya samriddhi yojana ssy is a savings scheme launched back in 2015 as part of the government initiative beti bachao, beti padhao campaign. Mukhyamantri kanya vivah yojana in mp to get free smartphones. Circle, sukanya samriddhi account, deposit in rupees. The scheme revolves around the objective of welfare of women and the girl child in india. Sukanya samriddhi yojana was launched by the central government in january 2015. The way in which this entire scheme is designed gives a lot of financial security to the girl child, which is not in the case of any other investment schemes.
Let us understand the features and benefits of sukanya samriddhi account special savings deposit scheme. Oct 31, 2019 advantages of using groww sukanya samriddhi yojana scheme calculator. This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or india post branch. It can be opened by the parents of a girl child below the age of 10. The scheme is an investment based concept for a girl child under beti. Sukanya samriddhi account, abbreviated as ssa, is a savings scheme that is especially designed for the welfare of the girl child, as evident from the name. A sukanya samriddhi account can be opened any time after the birth of a girl till she turns 10, with. Using the groww sukanya samriddhi yojana online calculator provides you with the following benefits convenient and hasslefree process for calculation. The sukanya samriddhi scheme matures on completion of 21 years from the date of account opening or as the girl child gets married, whichever is earlier it is worth noting that the girl attaining the age of 21 years has no relevance to the maturity of this scheme. Sukanya samriddhi yojana is centralized about proper. Sukanya yojana introduction, interest rate, maturity, apply.
Ssy account is to ensure a bright future for girl children in india. This website covers every aspects of sukanya samriddhi scheme including silent features, faq, account opening form, calculator, and toll free. Open sukanya samriddhi account online in pnb documents. Read more to know about the objectives of this scheme. Upto two girl children or three in case of twin girls as second birth or the first birth itself results in three girl children. Under sukanya samriddhi scheme, what is the maximum age limit given to the girl child to avail the scheme. Apr 18, 2020 the sukanya samriddhi scheme was created as a way for parents to save for the education and marriage of the girl child, with a high rate of interest and tax saving benefits, the scheme will have a popular response as a tax savings instrument as well. Sukanya samridhhi yojna gets tax free status sukanya samriddhi scheme is a new entrant in the smallsavings schemes category aimed at encouraging savings for a girl childs. Ministry of finance department of economic affairs vide their egazette notification dated 12th dec,2019,g. Although earlier governments have also taken many initiatives in the name of girl child but sukanya samriddhi yojana is one of its kind and we havent seen any precedent to such a scheme. Sukanya samriddhi yojana ssy is a governmentbacked savings scheme as part of the beti bachao, beti padhao yojana for the benefit of the girl child. A sukanya samriddhi account has a tenure of 21 years or until the girl child marries after the age of 18. Sukanya samriddhi yojana was introduced by the government with an intention to help people save money for securing the future of a girl child. Sukanya samriddhi yojana is a good scheme for daughters in terms of higher education, marriage and saving for a bright future.
Get details of sukanya samriddhi scheme, rules, deposit amount, interest rate and tax benefits on the economic times. Indias innovative women empowerment and social protection scheme find, read and cite all. This scheme was launched to meet the expense of the. Sukanya samriddhi yojana is a small savings scheme launched by the prime minister to encourage savings that will eventually be used to fund the education and marriage of the girl child. Sukanya samriddhi account rules, 2016 department of economic. Sukanya samruddhi yojana account scheme details icici bank. Sukanaya samriddhi yojana is a scheme launched under the beti bachao, beti padhao campaign by the government of india. It is a savings scheme launched as a part of beti bachao, beti padhao campaign.
Content owned and updated by department of posts, ministry of communications, government of india. This was launched on 22 january 2015 to encourage savings for girl child for their education and marriage. Indias innovative women empowerment and social protection scheme find, read and cite all the research you. The sukanya samriddhi yojana is as girl child prosperity scheme under beti bachao beti padhao program of prime minister narendra. This website is launched specifically to guide and help investors from mumbai region for sukanya samriddhi account. Sukanya samriddhi yojana details interest rate for ssy account. Just all details of the sukanya samriddhi scheme are given here. Thus, any girl who reaches the age of 10 years or less is eligible to avail the scheme.
Further, ministry of finance department of economic affairs vide their egazette notification dated 12th dec,2019, g. They also need handholding to invest in this scheme. I hereby declare that i have not opened or maintaining any other account under the same scheme in the. Sukanya samriddhi yojana account opening from the post office is no differ the open sukanya samriddhi account in hdfc or in any bank for that matter. Sukanya samriddhi yojana is one such government back scheme to help parents save for the education and marriage of the girl child from the start itself. You have to make a minimum contribution each year to keep the account active. Read about how sukanya samriddhi yojana calculator works, its advantages and its disadvantages before opening a sukanya samriddhi account. Sukanya samriddhi account form filling format fill online. So just have to download the application form, print this application form and then submit the applicatin form to the post office where you want. I hereby undertake to abide by the provisions rules of the isukanya samriddhi account and amendments issued thereto from time to time. May 12, 2019 the same tax benefits would also apply to sukanya samriddhi account. Online application for pm sukanya samriddhi yojana 2020 is available here, sukanya samriddhi yojana popularly known as syy was launched in the year 2014 by the government of india. Jan 26, 2020 sukanya samriddhi account girl child prosperity account is a government of india backed saving scheme targeted at the parents of girl children.