Sukanya Samriddhi Yojana: Do you have little girls in your house? If yes, then Sukanya Samriddhi Yojana can be an ideal investment option for you. Under this scheme, you can open a savings account in the name of your daughter and make safe investments for her future.
What is Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana was launched under the Beti Bachao Beti Padhao campaign. Under this scheme, you can open an account in the name of your daughter below 10 years of age. In this account, you can deposit from ₹ 250 to ₹ 1.5 lakh annually. When your daughter turns 18, you can withdraw money from this account for her education or marriage.
Required Documents for Sukanya Samriddhi Yojana
Aadhar Card
Mobile Number
Parents’ Bank Passbook
Child’s Birth Certificate
Child’s Aadhar Card
Ration Card
Passport Size Photo
Residence Certificate
Caste Certificate
Banks Where You Can Open an Account
State Bank of India
Bank of Baroda
Canara Bank
Bank of India
Bank of Maharashtra
Central Bank of India
India Bank
UCO Bank
Punjab National Bank
Benefits of Sukanya Samriddhi Yojana
Attractive interest rate: The interest rate on this scheme is higher than other savings schemes.
Tax benefits: Investments made in this scheme offer tax benefits.
Government guarantee: This scheme is backed by the government, making the investment secure.
Flexibility: You can deposit a minimum of ₹250 to a maximum of ₹1.5 lakh annually in this scheme.
Eligibility for Sukanya Samriddhi Yojana
You must be a native of India
You must not already have a Sukanya Samriddhi Yojana account
NRI individuals cannot open this account
Only one member of your household can have a Sukanya Samriddhi Yojana account.
How to open an account in Sukanya Samriddhi Yojana
Go to your nearest bank branch
Fill the Sukanya Samriddhi Yojana form
Submit the form and required documents to the bank officer
The bank officer will open your bank account and give you the passbook
Now you can deposit ₹250 to ₹1.5 lakh in your bank account every year
Tip: Sukanya Samriddhi Yojana is a great savings option that can make your daughter’s future secure. By investing in this scheme, you can not only ensure financial security for your daughter but also encourage her to become self-reliant.