I will show you everything you require to open the Sukanya Samriddhi Account. Sukanya Samriddhi Yojana’s interest rates are generally higher than the rates on other government savings schemes. In this plan you also get excellent returns. The process to open an SSY account is very simple. Sukanya Samriddhi Yojana – This scheme was brought by the Modi government in 2015, through this scheme you can make your daughter a millionaire at the age of 25 years. The Sukanya Samriddhi Yojana (SSY) is a small savings scheme backed by the Government of India exclusively for the girl child. Trending Guides : New Income Tax Slab & Tax Rates for FY 2020-21(AY 2021-22) & FY 2019-20 (AY 2020-21) All you have to do is fill the SSY application and submit the required documents and deposit the minimum cash of Rs.1,000. You can fill-up the form and reach your nearest bank or post office to open the account. Sukanya Samriddhi Yojana Latest Update 07/04/2020: Sukanya Samriddhi Yojana (SSY Account) is a small savings scheme of the Post Office, hence your investment is completely safe. The minimum deposit in SBI Sukanya Samriddhi Yojana account is 1,000; There is no limit on the number of deposits to the account but should not exceed a sum of 1.50 Lakhs per account in a financial year. How can I open an SBI Sukanya Samriddhi Yojana (SSY) account? You can visit the nearest branch of State Bank of India (SBI), where you will be assisted by a bank representative. ; The rate of interest offered for an SBI Sukanya Samriddhi Yojana account is 8.60% on a … As per this scheme, a parent or legal guardian can open an account in the name of a girl child until she attains the age of ten years. You can open Sukanya Samriddhi Yojana in any authorized bank as well as in the post offices. The Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana 2020) has an annual interest rate of 8.5 percent. How to open the Sukanya Samriddhi Account. The special thing about Sukanya Samriddhi Yojana is that in this account you have to deposit for up to 14 years. Ans: Yes, SBI facilitates opening up of Sukanya Samriddhi Yojana account even if a person does not have savings account with SBI Bank. Features of Sukanya Samriddhi Yojana: The account can be opened in the name of a girl child till she attains the age of 10 years.
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