sukanya samriddhi account scheme
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Sukanya Samriddhi
About this scheme, which is a government tax saving investment scheme, in which if you have a girl child, you can open an account and start investing in it.
Look, if we talk about the benefits of this scheme, then whatever investment scheme comes from the government, it has become PPF, RD has become term deposit, has become Monthly Income Scheme, has become Senior Citizen Scheme.
In all these, you will get the highest interest in this scheme and secondly you will also get deduction in income tax under section 80C on top of the investment made in it.
What are the rules regarding this scheme from account opening? What is the regulation? What are the benefits, what are the limitations, as many questions as you can have. sukanya samriddhi account scheme
Today, an attempt has been made to clear all those points related to this investment scheme. For example, who can invest in this scheme? What is the minimum and maximum amount one can invest.
At what rate will you get interest on the deposit amount and if you want to withdraw money in the middle, then what are the rules related to it? And if the account holder dies in the middle, then what are the rules and after how much time you will get the full calculation of how much money will be explained to you in a very simple way.
I will also provide you the calculation sheet in which you can calculate automatically and see how much amount you deposit then how much amount you will get back at the time of maturity, so if you want to invest in Sukanya Samriddhi Scheme or you already have an account in it Is
Opening of account :
So let’s talk now. Who can open an account in this, any guardian can get the account opened in the name of his girl child and the age of the child should be less than 10 years. sukanya samriddhi account scheme
That is, the account can be opened only in the name of girls younger than 10 years and only one account can be in the name of one account holder. That is, you can open only one account in the name of one child.
There are some exception cases that if you have twins at the time of second birth, TWO girl child has become then their account can also be opened. But the general rule is applicable only for two and NRIs cannot get an account opened in it.
Documents Requirement :
Basically two documents are required at the time of account opening.
The birth certificate seems to be that of the girl child and along with it the account opening form and some basic documents of the guardian have to be submitted. You can get your account open in any post office or any authorized bank.
Account Maintainance :
Now let’s talk about who will maintain that account after the account is opened, then the Guardian will maintain that work. Until the age of the account holder which is 18 years is not reached. sukanya samriddhi account scheme
Even after the completion of 18 years, after submitting the documents which are the requirements, the account holder will get the facility to manage them later. You can transfer the account from any bank to any post office.
If you want to transfer your post office bank anywhere from any post office, then you will get the facility to transfer.
Deposit Rules:
Now let’s talk about what are the rules related to minimum and maximum deposit, then at the time of account opening you will have to deposit 250 rs in the beginning.
And every year you will have to deposit at least 250 ₹ as long as you keep this account and the maximum limit is one and a half lakh rupees, that is, within a year you can deposit a maximum of one and a half lakh rupees and the deposit will give you 1.5 You will have to get it done for a year and if you do not deposit the minimum amount then your account will be considered in default and if you want to get that inactive account back, you can get it done at any time.
In your period of 15 years, but for that you will have to pay a penalty of ₹ 50 every year, but if your account was inactive for five years, then you will have to deposit ₹ 250 for five years by doing 50 -50. sukanya samriddhi account scheme
And you also have to pay minimum deposit amount for five years and if you don’t want to get this account back active then there is no issue you can leave that account there as soon as maturity period is complete then full money with interest You will get.
Now if you invest in any scheme, then at what rate will you get the interest that is there, then the rate which is going on now.
Interest Rate :
This is the rate of 7.6% per annum, it is changed from time to time by the government, so you keep checking it. As told you can deposit on any date.
There is no such fix that the deposit has to be done on any particular date only.
You can deposit any amount in it on any day, but the amount that will be calculated on the lowest balance in your entire month will be calculated on top of it, so if you ever want to deposit money in your account, then you have to make a deposit.
It should be done in the middle of the fifth to the fifth day, so that you can get the full interest of every month. sukanya samriddhi account scheme