Sukanya Samriddhi Account Scheme
Only one account can be opened in the name of a girl child.
Account can be opened in Post office and branches of authorised banks.
Birth certificate of girl child in whose name the account is opened must be submitted.
Account can be opened with a minimum of Rs. 250/- and thereafter any amount in multiple of Rs. 100/- can be deposited. A minimum of Rs. 250/- must be deposited in a Financial year.
Maximum Rs. 1,50,000/- can be deposited in a financial year.
Interest @ as may be notified by the government from time to time will be calculated on yearly compounded basis and credited to the account.
One withdrawal shall be allowed on attaining the age of 18 years of account holder to meet education expenses upto 50 % of the balance at the credit of preceding financial year.
The account can be transferred anywhere in India from one post office/bank to another.
The account shall mature on completion of 21 years from the date of opening of account or on the marriage of Account holder whichever is earlier.
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