Sukanya samriddhi yojana

Sukanya samriddhi yojana for marriage and higher education of girl child.

In India, gender ratio is a concern for every class. That is why many schemes are being run by the government for the education, health and other needs of women. Out of this, the main objective of a Sukanya Samrudhi Yojana is to facilitate the education of girls and their marriage. Under this scheme, 'Sukanya Samrudhi Yojana' account can be opened in the postal department/any other authorized bank.

Eligibility:

Only for indians not for NRI

Income limit-upto 3 lakhs annual

Only for family having 1 or 2 girls in case of siblings then for 3 girls

Age of girl child at time of account opening : 0 to 10 years

Documents required: 1.Birth certificate

                                        2.Passport photo

                                        3.income certificate

                                        4.parents id proof

Important terms :

Interest rate : 8.5% approx

Deposit period : 14 years from account opening

Maturity period: 21 years from account opening

Minimum deposit amount: 250₹

Maximum deposit amount:1.5lakh /year

Only 1 account for 1 girl in family

Not applicable for NRI

For higher education You can withdraw only after 18 year of girl child

For higher education you can withdrawl only 50% amount preciding year (if you withdrawn 1 lakh at the age of 18 year in 2028 then you can get only 50,000 if amount balance in your account in 2027 is 1 lakh)

To calculate returns in sukanya samruddhi  yojana  download calculator

Download sukanya yojana calculator

How to open Sukanya samriddhi yojana account 

Visit nearest post office/nationalized bank

For internet banking users visit banks official sites