Sukanya Yojana Kya Hai

Sukanya Yojana Kya Hai: Objective, Benefits, Features, Eligibility, Interest rate increased to 8.2%, Rules and Documents

Sukanya Yojana Kya Hai: The Central Government has initiated a new initiative under the Beti Bachao Beti Padhao campaign to better the futures of girls and pay for their education, marriage, and other expenses. whom the Sukanya Samriddhi Yojana is known by. It’s a little savings plan. wherein parents who have a daughter who is younger than ten years old can invest in this plan to safeguard her future. You can invest as little as Rs 250 and as much as Rs 1.5 lakh in this scheme.

The simplest daughters are supposed beneficiaries of this plan. the daughter’s future prices can be protected using investing in it. with this technique, cash can be saved for a daughter’s education, marriage, and other expenses by investing a length of 15 years. the lady baby’s name may be used to open an account by using any figure or parent. If you would additionally want to invest in your daughter’s name, you may use the Sukanya Samriddhi yojana to assist your daughter’s destiny. through this put up, we will provide you with all of the data you want to understand about the Sukanya Smriddhi yojana nowadays.

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Sukanya Samriddhi Yojana 2024

The Central Government is running the Sukanya Samriddhi Yojana to invest in daughters’ names. Contributions under this scheme can total up to Rs 4.48 lakh when the scheme matures, with an annual maximum deposit of Rs 10,000. To protect the future of the nation’s daughters, this plan has been initiated. The Sukanya Samriddhi Account can be opened in the name of the daughter by any family member, including parents or guardians. This scheme is guaranteed to yield a 100% safety rate due to government backing, in addition to offering high interest rates. By making consistent investments, this method allows for the raising of a sizable sum of money at maturity.

Sukanya Yojana Kya Hai

A minimum of Rs 250 must be invested by account holders of the Sukanya Samriddhi Yojana, which was launched by the Central Government to help daughters become self-sufficient. If you haven’t yet invested the required minimum for this fiscal year, finish this task as soon as you can. since you still have until March 31, 2024, to make the required minimum deposit. Your account will be closed if the required amount is not deposited by March 31. To revive the inactive account, you will also need to pay a penalty of Rs 50 every year. Holders of Sukanya Samriddhi Yojana accounts should therefore make the required investments before March 31, 2024.

Sukanya Samridhi Yojana 2024 Overview

Name of SchemeSukanya Samriddhi Yojana
Was statedbby central government
beneficiaryGirls under 10 years of age
Objectivesecuring the future of daughters
BenefitSaving for daughters’ higher education and marriage expenses.
investment amountMinimum Rs 250 to maximum Rs 1.5 lakh
current year2024 
official website

Objective of Sukanya Samriddhi Yojana 2024

Securing the future of the girl child is the primary goal of the government’s Sukanya Samriddhi Yojana. Parents from impoverished backgrounds frequently worry about their daughters’ futures once they are born. Their daughters’ wedding and educational costs are a constant source of concern for them. Sukanya Yojana has been launched by the government to relieve you of all these concerns.

Any parent from a low-income family can start a savings account and make investments in it for their daughter’s bright future with ease thanks to this initiative. As a result, the daughters won’t have to worry about money when they grow up and can learn how to support themselves.

Also Read: Janani Suraksha Yojana Scheme, Data Entry Jobs, India News Update

Better interest in Sukanya Samriddhi Yojana, along with tax-free

Eight hobbies are paid to you whilst you make investments inside the sukanya samriddhi yojana. the to be had interest rate in this, especially for the July–September 2023 region, is 8% annually. this programme is tax-free and gives triple tax exemption or three separate degrees of tax exemption. first of all, if you invest up to rs 1.5 lakh a 12 months, you’ll obtain an exemption under segment 80c of the Profits Tax Act. the second advantage is that the returns you receive are tax-free, and the 1/3 is that the amount you receive in adulthood is also fully tax-free.

Maximum deposit amount in Sukanya Samriddhi Yojana

A daughter under the age of ten can open an account at the post workplace under the Sukanya Samriddhi Yojana.  daughters may additionally open separate accounts beneath this plan. it’s far possible to open extra accounts if there are dual daughters. Sukanya Samriddhi yojana stipulates that deposits ought to be made for not less than rs 250 during a monetary year and most of rs 1. .five lakh throughout the financial year. you have the option to split this sum and deposit it on a month-to-month basis. Additionally, by making monthly deposits of rs 12,500 into your account, you may deposit as much as rs 1. five lakh in a year. In the same manner, if you contribute rs 1, eleven, four hundred to the Sukanya Samriddhi yojana annually,

Sukanya Yojana Kya Hai

How to invest in Sukanya Samriddhi Yojana?

Money is deposited under the Sukanya Samriddhi Yojana for a period of 15 years. If your payment is due every month, you will need to make one instalment per year in addition to the required 12 minimum instalments. You can make investments through any bank branch or your local post office under this arrangement. With this scheme, you can conveniently deposit money by using the following methods.

  • Cash
  • Check
  • demand draft
  • Online E-Transfer (if available)

Banks offering Sukanya Samriddhi Yojana

The application form for a new account under the Sukanya Samriddhi Yojana is available at the participating private sector bank or post office. In addition, you can get the Sukanya Samriddhi Yojana new account application form from the RBI and bank websites. The banks that are part of the Sukanya Samriddhi Yojana are listed below.

  • Indian Bank
  • State Bank of India
  • Bank of Maharashtra
  • Punjab and Sindh Bank
  • Indian Overseas Bank
  • UCO Bank
  • IDBI Bank
  • Bank of Baroda
  • Bank of India
  • HDFC bank
  • Canara Bank
  • Central Bank of India
  • Axis Bank
  • Union Bank of India
  • Punjab National Bank
  • ICICI Bank

Also Read: Deen Dayal Upadhyaya Grameen Kaushalya Yojana, Company Contact Detail, Aadhar Card

Benefits and features of Sukanya Samriddhi Yojana

  • A girl kid under the age of ten may open an account in her name under this programme.
  • Anybody can invest under the Sukanya Samriddhi Yojana for a minimum of Rs 250 and a maximum of Rs 1.5 lakh per year.
  • Since Sukanya Samriddhi Yojana is a government programme, returns are assured.
  • You can move your Sukanya Samriddhi account from one region of the nation to another. In addition, one receives interest if the account is kept open even after it matures.
  • The daughter is allowed to withdraw 50% of the funds for her schooling after turning eighteen.
  • This strategy allows for the adoption of a daughter as well as the making of investments.
  • Sukanya Samriddhi Yojana stipulates that the premium money must be deposited for 15 years, with a 21-year maturity period.
  • In this arrangement, interest is paid at the rate of eight per cent for the fiscal year 2023–2024.
  • The girl will be able to handle her account on her own after reaching 18.

Eligibility for Sukanya Samriddhi Yojana

  • The girl kid and her parents must be citizens of the nation permanently for them to open an account under this program.
  • Accounts under the Sukanya Yojana can only be opened for a family’s two female children.
  • A girl kid must be under 10 years old to register an account under the Sukanya Samridhi Yojana.
  • A girl child may only have one account opened in her name under this programme.

Documents required for Sukanya Samriddhi Yojana

The following documents are required by the Sukanya Samriddhi Yojana to open an account for your daughter. You must bring these to the bank or post office. These are all of the documents:

  • There should be a birth certificate of the girl child.
  • Aadhar Card/PAN Card/Identity Card of Parents
  • Address proof
  • Documents demanded by bank and post office.
  • passport size photo
Sukanya Yojana Kya Hai

How to apply under Sukanya Samriddhi Yojana 2024?

  • The first step in opening an account under the Sukanya Samriddhi Yojana is to visit the bank branch or post office that is closest to you.
  • You must obtain the application form there in order to invest under the Sukanya Samriddhi Yojana.
  • Subsequently, you will need to input the details of the guardian or parents who will open the account and make investments on the female child’s behalf.
  • You will need to attach the form with copies of the necessary papers once you have entered all the necessary data.
  • You will need to send this application form and the premium payment to the bank or post office once you have finished the entire process.
  • You can apply for the Sukanya Samriddhi Yojana in this manner.

Also Read: Kalia Yojana Online


Q. How to open an account under Sukanya Samridhi Yojana?

Ans: To initiate the Sukanya Yojana and secure a bright future for your daughter, visit your local bank or post office to open an account.

Q. Can I close my Sukanya Samriddhi account?

Ans: We have provided you with detailed information regarding the Sukanya Yojana account closure criteria in this article

Q. What are the documents required to open a Sukanya account?

Ans: The Sukanya Yojana application form, the girl child’s birth certificate, her parents’ Aadhar card, her PAN card, her identity card, her passport-sized photo, and any additional paperwork requested by the bank or post office are needed to create an account under the programme.

Q. What is the helpline number for Sukanya Samriddhi Yojana?

Ans: You can obtain information on this initiative by calling its helpline number, 18002666868, which is a toll-free number.


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