Sukanya Samriddhi Yojana Gujarat
Sukanya Samriddhi Yojana is a central authority backed savings scheme as part of “Beti Bachao, Beti Padhao Yojana” for the gain of woman baby. it can be opened through the mother and father of a female child underneath the age of 10 years. The tenure of Sukanya Samriddhi Account is 21 years or until the female toddler is married after the age of 18 years. From April 2020 onwards, this scheme offers an hobby rate of seven.6% compounded annually.
Sukanya Samriddhi Yojana is presently incomes an annual interest fee of 7.6 percentage. through making an investment in this scheme, the daughter receives a massive quantity at the age of 21. The unique aspect is that with the aid of depositing extra amount on this scheme, about sixty four lakh rupees can be earned. Who can take the daughter to paintings in destiny. Having this submit workplace plan also keeps the funding absolutely safe.
The post workplace will pay 7.6 percentage annual interest on investment in Sukanya Samriddhi Yojana. in this plan, parents have to invest simplest 14 years. maturity is then attained at the age of 21 years. After 14 years, the remaining amount earns interest at an annual hobby charge of 7.6 in keeping with cent.
investment in Sukanya Samriddhi Yojana may be started with at the least Rs.250. The maximum amount that may be deposited in this is Rs 1.50 lakh. To take gain of this scheme, the age of the lady need to be less than 10 years. The hobby charge of this scheme is revised every three months. below Sukanya Samriddhi Yojana account can be unfolded to a few women. on this scheme, you furthermore may get exemption beneath segment 80C of the income Tax Act.
investment in Sukanya Samriddhi Yojana may be started out with no less than Rs.250. The maximum amount that can be deposited in that is Rs 1.50 lakh. To take gain of this scheme, the age of the female have to be much less than 10 years. The hobby charge of this scheme is revised every 3 months. beneath Sukanya Samriddhi Yojana account may be opened up to a few women. in this scheme, you also get exemption below section 80C of the profits Tax Act.
if you open an account on your daughter’s call at the age of 1 yr and deposit Rs 50,000 each yr, your daughter gets round Rs 21.21 lakh on adulthood of the account at an hobby fee of seven.6 in step with cent.
To open an account underneath Sukanya Samriddhi Yojana, one has to go to the closest post office. There you’ll must publish the delivery certificate of the daughter, Aadhar card of the parents, three pictures and as a minimum 250 rupees. After that your account could be opened.
Important Link
Read In Gujarati This (SSY) Schemes
Download Sukanya Samriddhi Yojana (SSY) Form
inquiries to ask
question: am i able to take a loan towards the balance inside the SSY account?
not answer. loan facility against SSY account stability isn’t available at present. you may instead avail the mortgage against PPF choice.
query: Is premature closure of Sukanya Samriddhi Yojana account allowed?
answer: yes. premature closure of Sukanya account is allowed in positive cases. this will include compassionate grounds because of terminal contamination, sudden death of the number one account holder, and so forth. but, the selection to allow this type of shutdown is a case with the aid of case basis.
Q: am i able to preserve investing in SSY if my daughter and i pass to every other usa?
answer: The SSY account must be closed if the female baby will become an NRI or loses her Indian citizenship.
query: If my SSY account misses the minimum annual fee, what’s the penalty?
answer: There could be a great of Rs 50 for the minimal amount of Rs. 250 isn’t always credited to the account in the course of a monetary year.
question: Is the hobby on SSY account taxable?
not answer. SSY is a completely Exempt (EEE) investment for this reason the major amount invested, the hobby earned in addition to the maturity quantity are all tax free.