Sukanya
Samriddhi Account is a saving
scheme for parents of a girl
child.
This scheme encourages parents to
build a fund for the future education and marriage expenses for their girl child
This scheme was launched as a part of the Beti Bachao, Beti Padhao campaign.
Features of Sukanya Samriddhi Account
- The accounts can be opened at any India Post office or a branch of some authorised commercial banks.
- Minimum Age for account: Anytime between 0 - 10 years by the guardian.
- Amount of Deposit: Minimum Rs1000 and thereafter any amount in multiple of Rs100 Maximum Rs1,50,000 in a financial year
- Number of accounts: 1 account per child and maximum 2 for each children except in case of twins and triplets.
- Interest: 9.20%
- Withdrawal: 50% withdrawal at the age of 18 years for higher education.
- Maturity: On completion of 21 years from the date of opening of account.