Sukanya Samriddhi Accounts
Rate of interest 8.6%
Per Annum(w.e.f 1-4-2016),calculated on yearly basis ,Yearly compounded.
Minimum Rs. 1000/-and
Maximum Rs. 1,50,000 in a financial year. Subsequent deposit in multiple of Rs.
100 Deposits can be made in lump-sum No limit on number of deposits either in a
month or in a Financial year
o
Salient features
Salient features
including Tax Rebate
o A legal Guardian/Natural Guardian can open
account in the name of Girl Child.
o A guardian can open only one account in the
name of one girl child and maximum two accounts in the name of two different
Girl children.
o Account can be opened up to age of 10 years
only from the date of birth. For initial operations of Scheme, one year grace
has been given. With the grace, Girl child who is born between 2.12.2003
&1.12.2004 can open account up to1.12.2015.
o If minimum Rs 1,000- is not deposited in a
financial year, account will become discontinued and can be revived with a
penalty of Rs. 50 per year with minimum amount required for deposit for that
year.
o Partial withdrawal, maximum up to 50% of
balance standing at the end of the preceding financial year can be taken after
Account holder’s attaining age of 18 years.
o Account can be closed after completion of 21
years.
o Normal Premature closure will be allowed after
completion of 18 years/provided that girl is married.
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