Can I apply online for Sukanya samriddhi Yojana?

You can open a Sukanya Samriddhi Yojana Account in any authorised bank branch or a post office branch. You can also set it up online with the help of your net banking facility.

What is the last date of Sukanya samriddhi Yojana?

The government backed savings scheme for girls, Sukanya Samriddhi Yojana interest rate of 7.6%, for the quarter ending March 31, 2022. These accounts will be valid for a period of 21 years or till the girl child turns 18 and is married.

How can I open Sukanya samriddhi Yojana online SBI?

As of now there is no option of opening the account online but they can transfer the funds online using SBI net banking by adding SSY account as a beneficiary. In a financial year, the minimum deposit is Rs 250 and the maximum deposit is 1.5 lakh.25-Jan-2022

Which bank is best for Sukanya samriddhi Yojana?

The best way to ensure the security of the girl child is to open a Union Bank of India Sukanya Samriddhi Yojana account. The investment in the Union Bank of India Sukanya Samriddhi Yojana can begin with a minimum amount of Rs 250 and likewise offers various benefits to the girl child and the parents/guardian.

Is birth certificate mandatory for Sukanya Samriddhi Yojana?

Documents that are required to open a Sukanya Samriddhi Yojana Account: *Sukanya Samriddhi Yojana Account Opening Form. *Birth certificate of the girl child (account beneficiary). *Identity proof of the depositor (parent or legal guardian), i.e., PAN card, ration card, driving licence, passport.08-Dec-2016

Is Aadhaar card compulsory for Sukanya Samriddhi Yojana?

As per Govt. guidelines, Aadhaar card of the girl child is mandatory for the opening of Sukanya Samriddhi Yojana Account.

How many times we can deposit money in Sukanya Yojana in a year?

You can deposit money in an SSY account either once per financial year or in smaller, regular instalments. However, you need to make a minimum payment of Rs. 250 per financial year to keep the account active and running and follow this criterion for a minimum payment period of 15 years.19-Sept-2022

Is Sukanya tax free?

Tax Benefits of Sukanya Samriddhi Yojana The scheme comes with the exempt-exempt-exempt (EEE) status. This means that: Your investments towards Sukanya Samriddhi Yojana are eligible for tax deductions under Section 80C of the Income Tax Act. Deductions of up to ₹1.5 lakhs are allowed.

Which post office scheme is best for girl child?

Sukanya Samriddhi Accounts

(a) Who can open account:-
-> By the guardian in the name of girl child below the age of 10 years.
-> Only one account can be opened in India either in Post Office or in any bank in the name of a girl child.
-> This account can be opened for maximum of two girls in a family.
(b) Deposits:-

Which scheme is best for girl child in SBI?

SBI Sukanya Samriddhi Yojana

What is Sukanya scheme in SBI?

The Sukanya Samriddhi Yojana (SSY) is a small savings scheme backed by the Government of India exclusively for the girl child. As per this scheme, a parent or legal guardian can open an account in the name of a girl child until she attains the age of ten years.01-Apr-2022

What documents need for Sukanya Samriddhi Yojana?

Documentation

SSY Account Opening form.
Birth Certificate of the girl child, having the child's name on it.
Photograph of the parent/ legal guardian of the girl child.
KYC Documents (Identity & Address Proof) of the parent/ guardian.
For the list of KYC documents, click here.

Which is better LIC or Sukanya Samriddhi Yojana?

Both LIC Kanyadan Policy and Sukanya Smriddhi Yojana focus on the girl child.LIC Kanyadan Vs Sukanya Samriddhi Yojana.

Which is better bank or post office?

The bank FDs have flexible tenures ranging between 7 days and 10 years, whereas post office schemes can be stretched only up to five years.19-Aug-2022

Can I open 2 Sukanya samriddhi account?

Minimum deposit ₹ 250/- Maximum deposit ₹ 1.5 Lakh in a financial year. Account can be opened in the name of a girl child till she attains the age of 10 years. Only one account can be opened in the name of a girl child. Account can be opened in Post offices and in authorised banks.

How can I open Sukanya samriddhi account?

How to open a Sukanya Samriddhi account at a post office

Step 1: Visit your nearest post office branch.
Step 2: Fill up the post office account opening form.
Attach supporting documents and proofs with this Sukanya Samriddhi account form.
Pay the initial deposit in cash or via a cheque or demand draft.

What is the minimum deposit in Sukanya samriddhi account?

Rs 250

Can both parents open Sukanya Samriddhi Yojana?

Only one parent can open a Sukanya Samridhi Yojna account in the name of a girl child. The parent who will contribute to the scheme will be eligible for tax deduction.

What is the maturity period of Sukanya samriddhi account?

21 years

What are the benefits of Sukanya Samriddhi Yojana?

Top 6 Benefits of Sukanya Samriddhi Yojana

Need a small amount of INR 250 for opening a Sukanya Samriddhi Yojana account.
Helps save for your girl child's educational expenses.
The Triple Tax Benefits you cannot ignore.
You only need to deposit for 15 years.
Premature withdrawal allowed under special circumstances.

Who can claim tax benefit for Sukanya Samriddhi Yojana?

This depositor could either be a parent or a legal guardian. While contributions towards this scheme are eligible for tax deductions, only one depositor can claim tax exemptions under Section 80C of the Income Tax Act. This means that either a parent or a legal guardian can claim exemptions, not both.

Can I apply online for Sukanya samriddhi Yojana?