Sukanya Samriddhi Account New Rules From 1 October: The month of September is over, and the month of October started today. Like every month, many rules have been changed on the first date of October, which directly impacts ordinary people’s pockets.
From October 1, many significant changes are being seen, including Sukanya Samriddhi Yojana, Aadhar Card, HDFC Bank Credit Card, PPF Account Related Rules, Share Buyback, and F&O Trading Related Rules. Many changes have also been made in Sukanya Samriddhi Yojana. So let’s know about it in detail:-
Sukanya Samriddhi Yojana
The central government is running Sukanya Samriddhi. This scheme is being run for the country’s daughters, and crores of people are taking advantage of this scheme. Today, i.e. from October 1, 2024, a significant rule related to the scheme has changed, and this change has come into effect from October 1, 2024. Under this, from the first date, only the legal guardians of the daughters can operate these accounts.
According to the new rule, if the SSY account of a daughter has been opened by a person who is not her legal guardian, then this account will now have to be transferred to the natural parents or legal guardian. If this is not done, the account will be closed forever. At the same time, the interest rate on a three-year fixed deposit will be 7.1 per cent.
About Sukanya Samriddhi Yojana
In 2015, Narendra Modi released the Sukanya Samriddhi Yojana under the Beti Padhao Beti Bachao campaign. This scheme is included in the Small Saving Scheme. In this scheme, parents or guardians invest in the future of daughters so that there is no problem at the time of marriage or education of daughters in future.
High interest is received from the government on the investment amount. This scheme matures when your daughter turns 21 years old.
Sukanya Samriddhi Yojana requires a minimum investment of Rs 250 and a maximum of Rs 1.5 lakh annually.
Sukanya Samriddhi Yojana also provides tax benefits of up to Rs 1.5 lakh under Income Tax Section 80C.
In this scheme, the withdrawal facility before maturity is also provided if needed.