Sukanya samriddhi yojana calculator maturity amount after 21 years sukanya samriddhi yojana sukanya yojna as we are all aware of the fact that the present government is really concerned about the betterment of women in our society and this is why it has come up with extremely beneficial schemes for the women. Ssysukanya samriddhi yojana inhindi sukanya samriddhi yojana 201920. Maximum investment allowed per annum under the sukanya samriddhi yojana is rs 1. Whenever a girl is born into a family, she faces a lot of criticism from her parents and other relatives due to the huge costs involved in bringing her up and feeding for her education and other needs.
Latest current affairs in may, 2020 about sukanya samridhi yojna. The existing bank post office shall arrange to send the original documents such as a certified copy of the account, the account opening application, specimen signature etc. The scheme encourages parents to build a fund for the future education and marriage expenses for their female child. Sukanya samriddhi account scheme national savings institute. Securing your daughters future is super easy with sukanya samriddhi account. The major features sukanya samriddhi yojana account are higher rate of interest 9. The sukanya samriddhi scheme can only be utilized for a minor girl child the age of the child should be less than 10years on the other hand, there is an allowance that has been offered whereby in case the child turns ten between the duration of december 20 to december 2014 then, the sukanya samriddhi account can still be opened. Sampoorna grameen rozgar yojana is an actually a combination of the provisions under the employment assurance scheme eas and jawahar gram samridhi yojana jgsy. The balika samridhi yojana is the scheme started by central government ministry of women and child development in 1997.
Parents can open up to two such accounts for girls they cannot open a thirdfourth account, etc. Sukanya samridhi yojana, sukanya samriddhi account scheme by govt. Get information about the balika samriddhi yojana bsy by the ministry of women and child development. Jun 06, 2018 this scheme is called as sukanya samridhi yojana. It can be categorized as one of the small savings investment plans. Sukanya samriddhi account account can be opened in the name of a girl child till she attains the age of 10 years. Sukanya samriddhi account girl child prosperity account is a government of india backed. Pmbay pradhan mantri balika anudan yojana 2020 samridhi.
English, hindi, urdu, punjabi, marathi, gujarati, bengali, assamese. The account opening form to be used and the specimen of pass book is provided in. Application form for obtaining the postbirth benefit for rural and urban areas is also provided. This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or india post branch. Sukanya samriddhi yojana ssy is a government backed savings scheme, launched exclusively for the benefit of the girl child. Presently,sukanya samriddhi yojana is fetching more interest than ppf so looked upon as a good alternative for long term investors who want high returns and no risk.
Sukanya samriddhi yojana sukanya samriddhi scheme comes from ministry of finance under its notification gsr 863e. The interest rate for janmar19 q4, fy 201819 was 8. Download sukanya samriddhi account calculator in excel. Sukanya samruddhi yojana account scheme details icici bank. Mar 07, 2015 sukanya samriddhi yojana calculator free download excel template would help you to compute it on finger tip. Download sukanya samriddhi account calculator for calculating the maturity amount of investment at 9. I hereby declare that i have not opened or maintaining any other account under the same scheme in the. Jawahar gram samridhi yojana jgsy is the restructured, streamlined and comprehensive version of the erstwhile jawahar rozgar yojana. It is a small deposit scheme which is specially meant for the girl child. Standing instructions can be given either at the branch or set through internet banking for automatic credit to sukanya samriddhi account. Birth certificate of the girl child in whose name the account is opened must be submitted. May 06, 2020 sukanya samridhi yojana, sukanya samriddhi account interest rates by vrp last updated may 6, 2020 241 sukanya samridhi yojana sukanya samridhi account scheme is a small deposit scheme for girl child, as part of beti bachao, beti padhao campaign, which would fetch yearly interest rate of 8. It is basically an investment scheme with tax benefits for the parents. Sukanya samriddhi yojana in pdf download pdf click here to download the sukanya smriddhi yojana account details, benefits and calculator in pdf format download it from here.
Ppf or sukanya samriddhi yojanawhich is better investment. Customer needs to submit ssy transfer request at existing bank post office mentioning address of icici bank branch. The balika samridhi yojana is an important initiative of the government to raise the status of a girl child. Sukanya samriddhi yojana open sukanya samriddhi account online. The scheme of balika samridhi yojana was launched by govt. Sukanya samriddhi yojana account comprehensive guide. Account can be opened in post office and branches of authorised banks. Ssy account is to ensure a bright f slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Beti bachao beti padhao is the mantra with which modi government launched sukanya samriddhi yojana ssy, also known as sukanya samriddhi scheme, on 22nd january 2015. This scheme is especially for girls of 10 years or younger.
As per experts,ppf is a more flexible option whereas sukanya samriddhi account is better for those who can afford long lockin period. The prime aim of the scheme is to encourage parents of a. Sukanya samriddhi yojana is a scheme initiated by the government of india, which literally means girl child prosperity scheme. It is a small savings scheme which provides interest and also has some rules, benefits and short comes. The scheme was launched in the year 1997 with an aim to offer financial aid to girl children born on or after 15 august 1997. The sukanya samridhi yojana is the most popular government scheme launched by the prime minister of india, shri narendra modi on 22nd january 2015, panipat haryana. The interest rate is declared quarterly just like other post office schemes. This scheme aims are helping parents invest money in an account where they get a good rate of interest and build a sizable amount of savings that can then be used to fund the needs of their daughters. Balika samridhi yojana is a key initiative of the government of india in support of the birth of a girl child and her education. A sukanya samriddhi account can be opened any time after the birth of a girl till she turns 10, with a minimum deposit of rs. There are two option of investment under sukanya samriddhi account i. May, 2020 how to open a sukanya samriddhi yojana account. Jawahar gram samridhi yojana jgsy is the restructured, streamlined and comprehensive version of the erstwhile jawahar rozgar yojana jry. An account shall be opened for a maximum of two girl children in one family with an exception of triplet, as per rules.
With guaranteed interest income and tax exemptions available, this scheme is the ideal choice for the parent or legal guardian of a girl child, to provide for her higher education andor marriage and secure her financial. Feb 27, 2016 the sukanya samriddhi yojana ssy, also known as girl child prosperity scheme is launched by prime minister narendra modi. According to the directive from the government of india, bank of baroda is offering the sukanya samriddhi yojana to its customers as a possible investment. Sukanya samriddhi yojana calculator, chart, interest rate. Sukanya samriddhi yojana is a good scheme for daughters in terms of higher education, marriage and saving for a bright future. Dena bank situated in india is extremely wellreputed and highly renowned for having designed multiple concepts that have revolutionised the finance sector of the country. Sukanya samriddhi yojana calculator ssy calculator online. Apr 29, 2016 the balika samridhi yojana is the scheme started by central government ministry of women and child development in 1997. To keep the account active, a minimum contribution of rs 250 is mandatory in each financial year. Birth certificate of girl child in whose name the account is opened must be. Balika samridhi yojana overview, eligibility, application. Account can be opened in the name of a girl child till she attains the age of 10 years. This notification was published on 2nd december 2014 but was launched on 22nd january 2015.
Mar 12, 2015 drawbacks of sukanya samriddhi scheme. Sukanya samriddhi account girl child prosperity account is a government of india backed saving scheme targeted at the parents of girl children. Transfer existing sukanya samriddhi yojana account to icici bank. Launched on 1st april 1999, it has been designed to improve the quality of life of the rural poor by providing them additional gainful employment. Only one account can be opened in the name of a girl child. Following are the objectives of this scheme, the main aim of this yojana is to change negative family and community attitudes towards the girl child at birth and towards her mother. One family can open only 2 accounts even if there are more than 2 girls in the family unless there are more than 2 births at 1 time in which case, accounts for all the girl children born at the same time can be opened. Sukanya samriddhi yojana is a small saving scheme, which can be opened in post offices and designated private and public banks in the form of a savings account in the name of the baby girl. Account can be opened in post offices and notified branches of commercial banks. Sukanya samriddhi account can be opened by the guardian in the name of a beneficiary who has not attained the age of ten years as on the date of opening of the account.
Jun 14, 2015 sukanya samriddhi yojana account sukanya samriddhi account is a relatively new financial product which has been launched by the government and is described as a riskfree investment product. The prime aim of the scheme is to encourage parents of a girl child in. But this interest rate is not fixed for every year. Apr 10, 2018 sukanya samriddhi yojana is a scheme initiated by the government of india, which literally means girl child prosperity scheme. What are the disadvantages of sukanya samriddhi yojana. Crisp news summaries and articles on current events about sukanya samridhi yojna for ibps, banking, upsc, civil services. Jawahar gram samridhi yojana by government of india.
Mar 17, 2015 disadvantages of sukanya samriddhi yojana. Sukanya samriddhi yojana ssy is a savings scheme launched back in 2015 as part of the government initiative beti bachao, beti padhao campaign. Balika samriddhi yojana by the ministry of women and child. On the above link you will find pdf link, just download the pdf file and get all the details about the sukanya samriddhi yojana in pdf. Sukanya samriddhi account pnb sukanya samriddhi account. Sukanya samriddhi yojana eligibilty benifits and pdf form. Users can get information about the objectives, features and components of the scheme. Designed to improve the quality of life of the poor, jgsy has been launched on 1st april, 1999. Balika samriddhi yojana or bsy as it is commonly called was launched by the government of india to improve the image of a girl child in the society. Sukanya samriddhi yojana was launched by the central government in january 2015. Sukanya samriddhi yojana ssy is a governmentbacked savings scheme as part of the beti bachao, beti padhao yojana for the benefit of the girl child.
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