Sometimes, due to lack of economic sources, daughters of many poor families remain deprived of studies. Apart from this, the parents of daughters are also concerned about the expenses incurred on their marriage. The Sukanya Samriddhi Yojana has been launched by the Prime Minister for solving these problems. The objective of the scheme is to provide financial help to girls whose family members are not so good financially that they can afford to pay for their daughter’s education and marriage. So, let’s know what is this plan? How can you take advantage of this scheme? Here we are going to give you the important information related to this scheme today.
Benefits Of Sukanya Samriddhi Yojana:
If a person opens his daughter’s account under the Sukanya Samriddhi Yojana, then the Government will give very good interest on deposits in that account. According to the scheme, the parents of girls aged 10 years and below can take advantage of this scheme. The account will be opened in the name of the girl. At least 1000 rupees per month will be put in the opened account under this scheme. At the same time, any parent can deposit upto 1.50 lakh rupees in this account in one year. The account holders have to deposit these amount upto 14 years.
Amendment In Sukanya Samriddhi Yojana:
The scheme was started by the government in 2014 and in some of the rules made at that time has now been changed by the government. The deficiency in this scheme through these changes has been removed. Also, read the important details about the scheme below.
Maturity Of The Account:
According to the old rules, if someone had not closed the account post maturity, then it was the rule of giving interest. But according to the new rules, after the completion of 21 years from the date of opening the account, if this account is not closed, then interest amount can not be given. Not only this, if your daughter attains 18 years of age then she can withdraw all the money from the account. As per the old rule, at the age of 18, the girl could only withdraw 50% of the money from this account.
Sukanya Samriddhi Account Of Adopted Daughter:
According to the new rules, if someone has adopted daughter, then that daughter can also open an account under Sukanya Yojna. This rule has been added by the government just now. Also, the interest rate was fixed on an annual basis earlier. Now the government has made changes in this rule. That is, the government can now revise the interest rate from time to time.
Online Payment Mode:
Where in this account only you could deposit money by cash, check and DD. Now the ‘online payment’ facility has been added in that rule. This means that you can also deposit money in this account through online banking.
Account Of Only Two Girls Can Be Opened Under The Scheme
A family can open the account of their two daughters only. If you have a twin daughter after having a daughter already, then in this state you will have to prove the evidence of having a twin child in the bank. After which the account of the two twins will be opened.
Transfer of Account:
For some reason if you leave any city and go to another city or state, in such a situation, your account will be transferred to that city.
Account Default Rules:
# If you do not deposit the funds regularly in this account for any year. You will have to pay a fine of fifty rupees. If you do not deposit the money regularly for fifteen years after opening this account, then the interest paid by post office on the entire amount deposited in this account will be levied.
# If the money is not deposited in this account for the time being due to the death of the child’s parents or guardian, then the interest paid under the scheme will be given to the account holder only.
# The maximum amount deposited in this account is only 1.5 lakhs per financial year.
# If money is needed during daughter’s education, then you can withdraw maximum 50% of the amount from this account. But remember that your daughter should be 18 years old and she has studied up to Class 10. Only then can you withdraw this money. According to the new rule, you can withdraw money from this account in case of any medical emergency too.
Documents Required To Open A Sukanya Samariddhi Account:
You will have to submit your child’s birth certificate with the form, whose account you want to open under this scheme. With the help of birth certificates, you will be able to find the correct age of your baby. The identification certificate of the child’s parents, i.e., PAN, Aadhar card is also sought with the form.
# Certificate of Birth of the Girl child.
# Proof of Address of parents/guardians
# Proof of identity of the parents/guardian.
# 3 Photos of each of thechild and parents/guardian.
# Pan card and Aadhaar card copies of parents/guardian.