Sukanya Samriddhi Yojana: All You Need To Know About Centre's Savings Scheme
NDTV
This deposit scheme ensures a financially secure future for the girl child.
The Sukanya Samriddhi Yojana, a government savings scheme, is a pivotal component of the "Beti Bachao, Beti Padhao" initiative, aiming to uplift and empower the girl child. The account can be initiated by the parent or legal guardian of the girl child. The girl child must be below the age of 10 years at the time of opening the account. Only one SSY account is allowed per girl child. A family is limited to opening a maximum of two SSY scheme accounts. Visit RBI, Indian Post, or the bank's official website. Download the Sukanya Samriddhi Yojana application form. Provide necessary details for the girl child and parent/guardian. Scan and have additional documents ready for upload. Complete the online form and upload the necessary documents. Await confirmation.
What is the Sukanya Samriddhi Yojana scheme?
Parents or guardians of girls aged 10 or below can initiate a bank account under this scheme, offering a higher interest rate and various tax benefits. Launched by the Government of India, Sukanya Samriddhi Yojana serves as a dedicated savings plan.
This deposit scheme, also known as SSY, ensures a financially secure future for the girl child. By making regular deposits, a substantial corpus can be created over the years, ready to be utilized for fulfilling the child's life goals.
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