Sukanya Samriddhi Yojna: Do you also have an account in the old Sukanya Samriddhi Yojna? You should know that the Modi government can close your Sukanya Samriddhi Yojna (SSY) account. It would be better if you do this work before October 1, otherwise the government will close the SSY account
Sukanya Samriddhi Yojna: Do you also have an account in the old Sukanya Samriddhi Yojana? You should know that the Modi government can close your Sukanya Samriddhi Yojana (SSY) account. It would be better if you do this work before October 1, otherwise the government will close the SSY account. The government has recently changed the rules related to Sukanya Samriddhi Yojana. The Department of Economic Affairs has recently issued new guidelines to regularize the irregularly opened savings accounts under NSS. Here we are telling you which are the irregular accounts according to the government. To make these accounts regular, this work has to be done before October 1.
Modi government changed the rules of Sukanya Samriddhi Yojana
The government has issued new rules for Sukanya Samriddhi Yojana (SSY). These rules will come into effect from October 1, 2024. The government is asking people to correct the mistakes related to the account in time. So that, any kind of trouble can be avoided in future.
Has Sukanya Samriddhi Yojana been opened by grandparents?
According to the guidelines, if grandparents have opened an account under Sukanya Samriddhi Yojana, then it needs to be corrected. According to the new rules, if the accounts opened under Sukanya Samriddhi Yojana are not opened by the legal guardian or natural parents, then they will now have to be transferred to the name of the guardian to follow the basic guidelines of the scheme. This is now mandatory. Earlier, grandparents often opened SSY accounts for their granddaughters as financial security. However, according to the guidelines of the scheme, only legal guardians or natural parents can open and close these accounts.
These documents will be required to close or transfer the old account
Basic account passbook: Which contains all the information about the account.
Girl’s birth certificate: Proof of age and relationship.
Proof of relationship with the girl: Birth certificate or other legal documents that establish the relationship.
Proof of identity of the new guardian: Government issued identity card of the parent or guardian.
Application form: This will be available at the post office or bank where the account is opened.
After the documents, the parent will first have to go to the post office or bank where the account was opened. They will have to inform the officials about the need to transfer the account to the parents as per the new guidelines. After this, they will have to fill the transfer form given by the bank or post office. Both the existing account holder (grandparents) and the new guardian (parents) will have to sign this form.
Verification and Updates
After submitting the form and supporting documents, the bank or post office staff will review the request and process the verification. If necessary, they may also ask for additional information. After the verification is complete, the account records will be updated with the new guardian’s information. Sukanya Samriddhi Yojana account holders must do this work before Tuesday 1 October 2024. Otherwise, the government can close your account.
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