Sukanya Samriddhi account is a government of India backed saving schemes targeted at the parents of girl child.
The people who is very fearful call giving the bath girl child thinking at the time of marriage ceremony they have to suffer a lot of dowry they have to provided.
Our government launchers a new scheme to reduce the fearness to reduce the hesitation to reduce the same and to reduce the bad idea of a common people.
The scheme encourages parents to build a fund for the future education and marriage expenses for their female child.
The scheme was launched by Prime Minister Narendra Modi on 22 January 2015 as a part of the Beti Bachao beti padhao campaign.
The scheme currently provided an interest rate of 8.4% and tax benefits.
The account can be opened at any India Post Office all branches of authorised commercial bank.
The schemes was launched by Prime Minister Narendra Modi on 22 January 2015 in Panipat Haryana.
Haryana it's such a state where the sex ratio between male and female is gradually degrading and it reaches very dangerous positions.
The account can be opened anytime between the birth of a girl child and the time she attends 10 years age by the guardian.
Only one account is allowed per child parents can open a maximum of two accounts for each of their children the account can be transferred to anywhere in India.
A minimum of 1000 must be deposited in the account in the annually.
The maximum deposit limit is 150000 rupees.
If the minimum deposit is not made in a year a fine has been submitted 50 rupees for levied.
The girl can operate her account after she reaches the age of 10.
The count allows 50% withdrawal at the age of 18 or higher education purposes.
The account reaches maturity after time period of 21 years from the date of opening it.
Deposit are made for first 14 years after this period the account will earn only applicable rate of interest if the account is not closed then it will then it will not an interest at the prevailing rate.
If the girl is over 18 and married normal closure is allowed. At the time of launches only the deposit of account over eligible for tax deduction under section 80c of the Income Tax Act.
Which is 150000 in 2015 to 16. How much finance minister Arun Jaitley announced during the 2015 Union budget text exceptions on the interest from the account and on withdrawal from the fund after maturity, making the tax benefit similar to that of the public provident fund.
The amount shall be make your own compositions of a period of 21 years from the date of its opening.
Provided that the final closure of the account may be permitted before completion of such periods of 21 years, if the account holder on an application makes a request for such premature closure for reasons of intended marriage of account holder and on housing of age groups confirming that the applicant will be less than 18 year of age on the date of marriage.