What's Sukanya Samrudhi Yojana (SSY)÷
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| Sukanya Samrudhi Yojana - The Benefits And Forms ( SSY - Scheme ) |
The purpose of Sukanya Samrudhi Yojana is to simply meet the expenses incurred on the study of daughters and their marriage. Under the scheme, Sukanya Samrudhi Yojana account are often opened at the post office for daughter's study and marriage. A separate counter also will be opened at the Suvidya Center to open an account at any post office of the Postal Department. The account are often opened after submitting the specified documents here.
Yojana÷ Sukanya Samrudhi Yojana (SSY)÷
You can deposit 1 thousand to 50 thousand rupees during a year within the name of daughter in Sukanya Samrudhi Yojana account.This money has got to be deposited just for 14 years of opening the account and this account will mature only the daughter turns 21 years old. - Under the principles of the scheme, a daughter can withdraw half a penny when she turns 18. - After 21 years the account are going to be closed and therefore the money will attend the guardian. - If the daughter gets married between the ages of 18 and 21, the account are going to be closed at that point. - If the payment is late within the account, a penalty of only Rs. 50 are going to be imposed. - aside from post offices, many government and personal banks also are opening accounts under this scheme. - Accounts under Sukanya Samrudhi Yojana are going to be exempted under Section 80-G of the tax Act. - The guardian also can open two accounts for his two daughters. - If there are twins, the guardian are going to be ready to open a 3rd account only by giving proof.
The guardian are going to be ready to transfer the account anywhereUnder the scheme, if an individual opens an account from Rs 1,000 per month in 2015, he will need to deposit Rs 12,000 per annum for 14 years, meaning 2028. At the present rate of 8.6 per cent once a year, the girl will get Rs 6,07,128 when she turns 21. it's going to be mentioned that a complete of Rs 1.68 lakh has got to be deposited within the guardian's account in 14 years. The remaining Rs 4,39,128 is interest.
Document required for the plan ÷
◆ Baby's certificate
◆ Address proof
◆ ID proof
Sukanya Samrudhi Yojana Form And All Details ÷
★ Form ÷ 1
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