sukanya samriddhi account
TRANSCRIPT
Sukanya Samriddhi Account
An Initiative by Government of India to
Educate Girl Child
How to Open AccountTill the Age of Girl Child is 10
Years or BelowMust Be IndianAny of the Parent or Guardian
can open SSASSA can be opened with
minimum deposit of Rs.1000/-Documents Required – Date of
Birth Certificate of girl child and Id proof od parents
For Details Click Here
BenefitsHighest Interest Rate among all
Small Savings Schemes offered by Govt of India
Income Tax Rebate u/s 80C
Financial freedom for education and marriage of Girl Child
Interest shall be payable in the account even after maturity
For Details Click Here
Rate Of InterestFor Year 2014-15 Rate of
Interest was declared at 9.1%
For Year 2015-16 Rate of Interest was declared at 9.2%
Every year Rate of Interest will be declared by government
Here are charts that completely explain returns with these rate of Interests
Monthly Investment Rs.10000/- ROI 9.1%
Monthly Investment Rs.10000/- ROI 9.2%
Yearly Investment Rs.10000/- ROI 9.1%
Rate Of InterestAccording to Chart One After 21
years you will get Rs.60,71,283/-
According to Chart two After 21 years you will get Rs.61,57,840/-
According to Chart two After 21 years you will get Rs.63,12,610/-
For Details Click Here
Account Opening Form
You Can get the form Here
Banks Where SSA can be Opened
Allahabad Bank Andhra Bank Axis Bank Limited Bank of Baroda(BOB) Bank of India(BOI) Bank of Maharashtra(BOM) Canara Bank Central Bank of India(CBI) Corporation Bank Dena Bank Limited ICICI Bank Limited IDBI Bank Limited Indian Bank Indian Overseas Bank(IOB)
Oriental Bank of Commerce(OBC) Punjab & Sind Bank(P&SB) Punjab National Bank(PNB) State Bank of Bikaner and Jaipur(SBBJ) State Bank of India(SBI) State Bank of Hyderabad(SBH) State Bank of Mysore(SBM) State Bank of Patiala(SBP) State Bank of Travancore(SBT) Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank
MaturityInvestment is to be made for 14
years
After 21 Years of opening of SSA
50% of the investment can be withdrawn when girl is 18 years old
Account Will be closed after marriage of girl childFor Details Click Her
e
Tax BenefitsTax exemption up to Rs. 1.5 lakh
is allowed under Section 80C.
Only One parent can claim tax exemption
From Financial year 2015-16 Interest is tax free.
For Details Click Here