The account can be opened by a natural or legal guardian on behalf of a girl child, under the age of 10 years. However, not all banks have started offering this facility. New Education Policy 2020 Draft Education Policy 2019, Jagananna Amma Vodi Scheme – Financial assistance to mother of BPL families, Delhi Electric Vehicle Policy: No tax on EV, Incentive of RS 30000, YSR Cheyutha Scheme 2020: Application Status, Beneficiary Payment List, Financial Assistant to Girl child in Future. of Indian has launched the scheme as part of “Beti Bachao, Beti Padhao” campaign. To open an account, you will need the following documents. Availability of standing Instructions can be given either at the Branch or set through Internet Banking for automatic credit. It can also be used to find out the approximate savings via this scheme for the daughter’s higher education and/or marriage. Your email address will not be published. Even though you will not have to make any deposits between the 15th year and 21st year, you will be earning interest on the earlier deposits made – the calculator takes into account the interest that will be accrued to you during those years. The bank accepting the opening of the SSY Accounts are listed below. One of the reasons why SSY is popular among investors is due to the tax benefit it offers – a maximum tax benefit of Rs 1.5 lakh under Section 80C of the Income-Tax Act can be availed by depositors. Please refer to the passage below. You can check the balance of your Sukanya Samriddhi account online. Identity Proofs i.e. By Sujata Choudhury. Know more about sukanya samriddhi benefits and process. Sukanya Samriddhi Account: Here is how to use Sukanya Samriddhi Yojana calculator, and check account balance online. The yojana is part of the beti bachao, beti padhao campaign. Based on the amount entered by you, the calculator will calculate the approximate value that you will receive at maturity. The Yojana was announced by our honorable PM Narendra Modi. 1) Add money from your bank account to IPPB account. Once you apply to your respective bank, they will give you the login credentials of your SSY account. Also Check: MSY Mukhyamantri Swarozgar Yojana. The applicant can visit the official website or can download the bank app in the play store and can apply for the scheme. PM Sukanya Samriddhi Yojana online apply, PMSSY status check, eligibility, chart, advantages: Sukanya Samriddhi Yojana (SYY) is a saving scheme launched by the Government of India within the year 2014. Tweet. The balance will also be displayed on the dashboard of your account. If the applicant wants to enroll for the SSY Account offline then he needs to visit the Post office or any branch of the commercial bank. 5 years, 10 years, 15 years, 18 years and 21 years. This scheme offers parents and guardians a wonderful way of saving for a girl child’s future. Next, you will be able to log in to the internet banking portal of the bank, using the login credentials given by the bank. The calculator assumes that you will make all the deposits every year of the same amount as selected by you. Before investing in this scheme, depositors can use the Sukanya Samriddhi Yojana calculator to know about the maturity amount at the end of the tenure. The Sukanya Samriddhi Account can be opened at any of the Post offices or branches of authorized commercial banks. Introduction In an attempt to promote the education and welfare of the girl child, the Government of India had introduced the Sukanya Samriddhi in 2016. This facility is offered by a number of banks. The applicant enrolling for the scheme will have huge benefits for the upcoming future as sukanya samriddhi yojana interest rates are 7.6% which is compounded annually. The Sukanya Samriddhi Account is designed to provide a bright future for your girl child and it offers a high interest rate and tax benefits under 80c. The income tax deduction is available u/s 80C for an amount of up to Rs 1.5 lakhs. Sukanya Samriddhi Account Online Balance Check : सुकन्या खाते में ऑनलाइन चेक करे बैलेंस , ये है प्रक्रिया Sukanya Samriddhi Yojana SSA SSY Procedure to open Sukanya Samriddhi account in SBI, Income Tax Slab & Tax Rates for FY 2020-21(AY 2021-22) & FY 2019-20 (AY 2020-21), Section 234F: Penalty for Late Filing of Income Tax Return, Deductions under Chapter VI A of Income Tax Act for FY 2019-20(AY 2020-21), Income Tax Return (ITR) Filing 2019: How to File ITR Online India, Form 16: What is Form 16? 1 दिसंबर से बदल रहा है बैंकिंग से जुड़ा ये नियम, आपको होगा फायदा, Dearness Allowance to CPSE employees freezed till June 30, 2021 – Check details, Faceless assessment: CBDT top brass assures taxmen of no disruption, NPS Tier-II Tax Saver Scheme: New operational guidelines issued; what you must know. The document required for enrollment in sukanya samriddhi scheme is mentioned below. The Sukanya Samriddhi Scheme can only be opened either by parents or legal guardians on behalf of their girl child, including an adopted girl child for up to 2 daughters, up to the age of 10 years only from the date of birth of the girl child. To open your account you will need to deposit a minimum of INR250. Required fields are marked *. Eligibility Criteria for PM Sukanya Samriddhi Yojana. The Banks are authorized by the Reserve Bank of India. Save my name, email, and website in this browser for the next time I comment. Taxes can help you reduce the cost of your Home! The yojana is part of the beti bachao, beti padhao campaign. Your email address will not be published. Mode for the deposit of money in the scheme- Cash, Demand draft, Online Net banking. The user interface offered by the bank is different. After logging in go to the homepage, and you will be able to check the balance there. Due to the pandemic, the government had brought some relaxations in the eligibility norms for opening a Sukanya Samriddhi Account. Copyright © 2020 All rights reserved. All Rights Reserved. Sukanya Samriddhi Account: Here is how to use Sukanya Samriddhi Yojana calculator, and check account balance online. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. RBI Tax Savings Bonds - How to Invest in 7.75% Savings Bonds? From April 2020, this scheme offers an interest rate of 7.6% compounded annually. The last date to apply for the scheme is 31 July 2020.