Sukanya Samriddhi Yojana
About This Scheme
High interest rate savings scheme for girl child with tax benefits under Section 80C.
Sukanya Samriddhi Yojana is a government-backed savings scheme for the benefit of girl children. The scheme offers high interest rate and tax benefits under Section 80C of the Income Tax Act.
Benefits
High interest rate (currently 8.2% per annum), tax benefits under Section 80C, maturity amount at age 21, partial withdrawal allowed after girl turns 18.
Eligibility
Girl child below 10 years of age. Maximum two accounts per family (one for each girl child). Third account allowed in case of twin/triplet births.
Who Can Apply
Parents or legal guardians of girl children below 10 years of age.
Who Cannot Apply
Boy children, girl children above 10 years of age, more than two accounts per family (except in case of twins/triplets).
Required Documents
Application Process
Open account at any post office or authorized bank branch with required documents. Minimum deposit ₹250, maximum ₹1,50,000 per year.
How to Apply Through FORM FILL
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