The biggest advantage of this scheme is that the money keeps accumulating in the account gradually and a large amount of lump sum is received. There is no additional burden on the daughter’s father for depositing because it is easy to deposit a nominal amount of Rs 250.
You can also open a deposit account with your bank for your little betia. Punjab National Bank (PNB) is providing many facilities for this. There will be no tension of money in future for the daughter’s education or marriage. PNB is providing many facilities for this under Sukanya Samriddhi Yonja.
Under Sukanya Samriddhi Yojana, you can open a deposit account of Betia below 10 years of age. Even if there are two daughters in the family, there is no worry about education, education and marriage, because the facility to open Sukanya Samriddhi account of two daughters together is available. A minimum of Rs 250 and a maximum of Rs 1,50,000 can be deposited in this account. This will be matured when the daughter is 21 years old from the date of starting the account. The biggest thing in this is that the amount received in Sukanya Samriddhi is exempt from income tax.
— Punjab National Bank (@pnbindia) February 26, 2021
Sukanya Samriddhi Yojana was started by Prime Minister Narendra Modi and the aim is to provide benefits of daughters from small savings schemes. The Government of India has started the ‘Beti Bachao Beti Padhao’ campaign and under this, the foundation of Sukanya Samriddhi Yojana was laid. The government started this scheme in view of the family that has daughters, that family should not worry about studies and marriage. At present, interest of 7.6% is received on the deposits in Sukanya Samriddhi Yojana. There is no tax liability on the entire amount received after 21 years.
In the year 2020, many changes were made in this scheme, which has further increased the facilities. The scheme started in the year 2015 and under this deposit accounts of crores of girls have been opened. Solan district of Himachal Pradesh has a special name in this scheme. More than 24 thousand accounts have been opened in this district and more than 90 crore rupees have been deposited. Parents believe that a better future of daughters can be made with the amount deposited in the account.
The biggest advantage of this scheme is that money keeps accumulating in the account gradually and a large amount is received in lump sum. There is no additional burden on the daughter’s father for depositing as it is easy to deposit a nominal amount of Rs 250. After 18 years, you can withdraw money and spend it on education. You can spend money in marriage by withdrawing money at 21 years of maturity. The poorest of the poor can also collect money for his daughter and can read and write to her and get married.
Under this scheme, people can open an account in the post office or bank in the name of a daughter of 1 to 10 years. The special feature of the scheme is that the money has to be deposited for 14 years, after which the interest is paid on the amount deposited. You can run a deposit account until your daughter is 21 or married after the age of 18. At the age of 18, you can withdraw up to 50 percent for education. If two daughters or daughters are twins, Sukanya Samriddhi account can be opened for the third daughter.
Special features of Sukanya Samriddhi Yojana
1.Parents or legal guardians can open this account for a maximum of two girls.
2.To open the account, it is necessary to give the birth certificate of the girl child and the address proof of the guardian.
3.You can submit PAN card, Voter ID card or Aadhaar card for the address proof and address and photo identity card of the parent.
4.Sukanya Samriddhi account could be opened till the age of 10 years
5.There is a rule of one girl-one account under this scheme. That is, a single account can be opened in the name of a girl
6.Sukanya Samriddhi account can be opened in post office or authorized banks
7.Name of Indian State Bank, Bank of Baroda, Punjab National Bank, in which Sukanya Samriddhi account can be opened
7.This account can be opened from 1 thousand rupees and the maximum limit in this is 1.5 lakh rupees.
8.Parents can deposit money in this account for 14 years and
9.The account can be closed after the girl is 21 years of age and can withdraw half the money when the daughter is 18 years old.