Sukanya Samriddhi Yojana : The government has issued new rules regarding Sukanya Samriddhi Yojana. These rules will come into effect from the first of coming month. These rules have been issued to correct the misapprehensions made while opening analogous accounts.
According to the instructions, all irregularly opened savings accounts under NSS are needed to be regularized. Under this, it will now be obligatory to transfer Sukanya Samriddhi Yojana accounts opened by grandparents to the name of parents.
Account transfer necessary
The guidelines issued by the government state that before grandparents constantly opened SSY accounts as financial security for their granddaughters. It should now to be transferred to nominee. Still, as per the guidelines of the scheme, only the legal guardian can open or close these type of accounts.
The passbook of the original account, birth instrument of the girl, instrument of relationship with the girl or other legal documents are the compulsory to close or transfer the account. Piecemeal from this, a fully filled operation form will also have to be given which was filled while opening the account in the post office or bank.
You need to go to the post office or bank near you
Take all the documents to the post office or bank. There, the regarding higher official will give a form in which you need to fill all the related information and attach the documents before submitting it. The hand of the current guardian i.e. grandparents will also be demanded on this form.
Finally, you have to submit all the documents to the bank or post office branch. After this they will do the verification process.However, they can also ask you for any other document, so take all kinds of documents with you, If they feel the need.