The Sukanya Samriddhi Account offers a bright future for your girl child by providing a high interest rate of 7.6% and tax benefits under 80c. You may conveniently invest in this scheme online through HDFC Bank. You may instantly transfer funds from a linked savings account or set-up automatic deductions through standing instructions. You may also easily view your account statement online at any time.
Features of Sukanya Samridhi Account Scheme
- “Minimum deposit ₹ 250/- Maximum deposit ₹ 1.5 Lakh in a financial year.
- Account can be opened in the name of a girl child till she attains the age of 10 years.
- Only one account can be opened in the name of a girl child.
- Account can be opened in Post offices and in authorised banks.
- Withdrawal shall be allowed for the purpose of higher education of the Account holder to meet education expenses.
- The account can be prematurely closed in case of marriage of girl child after her attaining the age of 18 years.
- The account can be transferred anywhere in India from one Post office/Bank to another.
- The account shall mature on completion of a period of 21 years from the date of opening of account.
- Deposit qualifies for deduction under Sec.80-C of I.T.Act.
- Interest earned in the account is free from Income Tax under Section -10 of I.T.Act.”
Eligibility for Sukanya Samridhi Account Scheme:
A depositor may open and operate one account for a girl child under the scheme regulations, provided that the girl child is less than 10 years old. Only one account may be opened and operated on behalf of a girl child by her natural or legal guardian. Only two girl children may be beneficiaries of an account opened by their natural or legal guardian.
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