Sukanya Samriddhi Yojana Details Form - GUJJU GK

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Friday, January 31, 2020

Sukanya Samriddhi Yojana Details Form


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Sukanya Samriddhi Yojana introduced as part of the Beti Bachao, Beti Padhao Yojana initiative, provides investors with a range of benefits. Some of the key benefits of this scheme for the benefit of the girl child are as follows:

Provides tax deduction benefits under Section 80C up to Rs. 1.5 lakh annually

Flexible investment option with a minimum deposit of Rs. 250 in a year (max. Rs. 1.5 lakh per annum)

Guaranteed returns instrument backed by the Government of India (sovereign guarantee)
A higher fixed rate of return (currently 8.5% per annum for Q4 FY 2018-19) as compared to other  government-backed tax saving schemes such as PPF

Long term investment hence provides the benefit of compounding

Can be freely transferred from one part of the country to another (bank/post office) in case of transfer of parent/guardian operating the Sukanya Samriddhi Account

Application Form:

Name of Girl Child (Primary Account Holder)

Name of Parent/Guardian opening the account (Joint Holder)

Initial deposit amount

Cheque/DD Number and Date (used for an initial deposit)

Date of Birth of girl child

Birth Certificate details of primary account holder (Certificate number, date of issue, etc.)

ID Details of Parent/Guardian (Driving License, Aadhaar, etc.)

Present and Permanent Address (as per ID document of parent/guardian)

Details of any other KYC Documents (PAN, Voter ID card, etc.)

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