Sukanya Samriddhi Scheme: Open the account for the daughter, then know the new rules

• Sukanya Samriddhi New Rules: Now the daughter will not be able to operate the account before the age of 18

• Under the new rule, interest will now be credited to the account at the end of the financial year.

New Delhi. In order to secure the future of daughters and to make them self-reliant, the government is running Sukanya Samriddhi Scheme. This scheme operated by the post office is quite popular. In this, an account is opened for girls up to the age of 10 years. In which money is added from their education to marriage. It gets a good rate of interest. Recently some changes related to the scheme have been made. In such a situation, if you have opened an account for your daughter or are thinking of investing in the scheme, then it is very important for you to know about the new rules.

Interest will also be available on the default account at the rate of

scheme. On opening the account under Sukanya Samriddhi Scheme, it is necessary to deposit at least 250 rupees in it every year. If this is not done, it is considered a default account. According to earlier rules, interest was paid on such account at the rate applicable to the post office savings account. Which did not benefit much for those investing in the scheme because its interest rate is low. At the same time, after the new rules, the default account holders will get relief. Even if you do not deposit the minimum balance, you will continue to get interest at the rate applicable to the scheme on the account.

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Account closure made easy

The first two rules were valid for closing the account in this scheme. The first was possible in the event of the daughter’s death and the second changing her living address, but now under the new rule, it has the facility to close the account on compassionate grounds. This is a situation in which the death of the account holder is due to fatal illness and treatment or death of the guardian.

The account will be opened through affidavit,

although the scheme can be opened only for two daughters, but after the birth of one daughter, there was a facility for opening the account for the other two when there were two twin daughters. However, for this, the guardian only had to submit a medical certificate. But now under the new rule, parents have to submit affidavit along with the birth certificate.

Will the operating account at 18 facilities

in accordance with the first rules of Sukanya Prosperity Plan daughter to get the facility to operate the account at age 10, but now the deadline of age has been increased to 18 years. Now, after the daughter completes 18 years, she will get freedom to operate the account only after submitting the necessary documents to the post office. Before that his parents would handle the account.

Finally there will be interest.

Some other rules have also been changed under the credit scheme. Under this, now the interest in the account will be credited at the end of the financial year. Also, if the wrong interest has been added to the account, the provision to reverse it has been removed.

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