Sukanya Samriddhi Yojana 2020 New Updates

How much can I deposit 250 rupees is enough to open Sukanya Samriddhi account.  Later money can be deposited in multiples of You have to deposit at least 250 rupees in any one financial year.  Similarly, maximum of 6 lakh rupees can be deposited in Sukanya Samriddhi account at one time or several time

Sukanya Samriddhi Yojana is a small savings scheme launched by the Modi government.  It was started under the 'Beti Bachao Beti Padhao' campaign.  This scheme helps in raising funds for the education and marriage of daughters.  At present,  percent interest is available under the scheme.

👍Under Section 80C of the Income Tax Act, tax exemption is also available for investing in Sukanya Samriddhi Yojana.  That is, you can avail tax rebate on an investment of 6 lakh rupees annually.  The returns from Sukanya Samriddhi Scheme are also tax free.  You can avail tax exemption for this financial year by investing in Sukanya Samriddhi yojana

Sukanya Samriddhi account can be opened anytime before daughter's age is 10 years.  Sukanya Samriddhi account opens with 250 rupees.  Earlier, one had to deposit Rs 6 lakha for this.  A maximum of Rs 6 lakh can be deposited in Sukanya Samriddhi in any financial year.

👍Sukanya Samriddhi account can be opened in any post office or bank branch.  It can be kept operational for 21 years after opening Sukanya Samriddhi account.  If parents want, they can run it till the daughter gets married at the age of 18 years.
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