Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana is one of the savings schemes offered by the Government of India. Central Government with a view to the future of female children.
Sukanya Samriddhi Yojana: Sukanya Samriddhi Yojana is one of the savings schemes offered by the Government of India. The scheme has been made available by the Central Government with a view to the future of female children. The scheme is a boon for parents of female children. The scheme is available in government banks, private and post offices. It is also easy to open an account with State Bank of India (SBI), the largest public sector bank in the country.
The Central Government has brought this scheme very ambitiously for female children. The scheme is for female children only. Two girls in a family can join this scheme. Those who join will have to deposit some money in the girl’s name every month. Joining the Sukanya Samridhi scheme provides financial security to girls. Sukanya Samridhi Yojana is an ambitious scheme offered by the Central Government for female children. This scheme is available for girls only.
Joining the Sukanya Samridhi scheme provides financial security to girls. Money can be used for schemes such as marriage and higher education. Maturity period in the account is 21 years. However you can also make at least Rs.250 per year. A maximum of Rs 1.5 lakh can be deposited. How much money do you want to deposit in the account? It is possible to open an account on this scheme only in the name of female children under ten years of age. You can open a Sukanya Samridhi account by going to the post office or bank. The scheme currently earns 7.6 per cent interest. Interest rates are reviewed every three months. The scheme also offers tax deductible benefits on invested money.
However, to find out how much money is in the Sukanyasamrudhi Yojana scheme account, you can go to the bank where you opened the account. You can also print on the pass book. This will tell you how much money is in the account. Or you can find out the balance online too. You can log in through Net Banking and check your balance. However, the money must be deposited in the Sukanya Samridhi Yojana account till the girl reaches the age of 18. Money can be drawn after the age of 21.