Sukanya Samriddhi Yojana
Bagmita Mohanty
3/19/20231 min read
What is this scheme?
Schemes which are fully funded by the central govt are referred to as
central sector schemes while schemes mainly funded by the center and
implemented by the states are centrally sponsored schemes. There are
750 central sector schemes in 2022 and there are also state level schemes.
Sukanya Samriddhi Yojana is a saving scheme by Government of India
which is aimed at the betterment of girl child in India.
About sukanya samriddhi yojna
It helps for the fund for higher education
One can give Rs250.00 minimum in her account and Rs 1.5 lakh maximum in a financial year.
The girl child has to be below the age of 10 years at the time of account opening.
Only 2 account are allowed to open.
It gives 7.6 interest rate.
These deposits can be made only for the first 15 years after opening the account. After than no need of deposits. Only the funds in the account would grow from the accumulated compound interest.
One can claim tax deductions up to rs1.5 lakh invested in the scheme.
It can be opened in banks and post offices. One has to fill the form and necessary documents include parents i-card and address proof.
