By opening this account, you get a lot of relief from your daughter’s education and further expenses.
New Delhi. Punjab National Bank has come up with Sukanya Samriddhi Yojana (SSY) to secure the future of your daughters. Through this scheme, you can make the future of your daughters safe. In this scheme, a parent or guardian can open only one account in the name of one daughter and maximum two accounts can be opened in the name of two different daughters. Let us know all the necessary information related to this…
How much has to be deposited (Sukanya Samriddhi Yojana)
In this, the minimum deposit has to be made 250 rupees. Apart from this, the maximum deposit you can make is up to Rs 1,50,000. By opening this account, you get a lot of relief from your daughter’s education and further expenses.
Know how much interest you will get. (Sukanya Samriddhi Yojana)
At present, interest was being given in SSY (Sukanya Samriddhi Account) at the rate of 7.6 percent which is with income tax exemption.
Let us tell you that more than 15 lakhs will be available on maturity, if you invest Rs 3000 every month in this scheme i.e. after investing Rs 36000 annually, after 14 years at 7.6 percent annual compounding, you will get Rs 9,11,574. On 21 years ie maturity, this amount will be around Rs 15,22,221.
Where can the account be opened (Sukanya Samriddhi Yojana)
Under Sukanya Samriddhi Yojana, this account can be opened in any authorized branch of any post office or commercial branch.
These documents will have to be given (Sukanya Samriddhi Yojana)
To open an account under Sukanya Samriddhi Yojana, you will also have to submit the birth certificate of your daughter in the post office or bank along with the form. Apart from this, the identity card (PAN card, ration card, driving license, passport) of the child and the parents and the proof of where they are residing (passport, ration card, electricity bill, telephone bill, water bill) will have to be submitted.
If the minimum deposit of Rs 250 is not deposited every year, the account will be closed and can be revived with a penalty of Rs 50 per annum along with the minimum amount required to be deposited for that year. Reactivation can happen up to 15 years from the date of account opening.
