Sukanya Samriddhi Yojana Account Opening, Procedure, Interest Rate, Calculater, Many Account Can Open

Check about Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY), Sukanya Samriddhi Yojana Account Opening Form, Sukanya Samriddhi Yojana Account Opening, Procedure, Interest Rate, Calculator, Many Account Can Open, detail in this article.

For the better future of girl child a scheme is started in India. Pradhan Mantri Sukanya Samriddhi Yojana scheme launched by Prime Minister Narendra Modi on 22nd January 2015. Sukanya samriddhi yojana is part of BBBP (Beti Padao Beti Bachao) campaign. 

Main Features of This Scheme- 

  • A parent or Guardian can open a bank account for a girl child. 
  • In this scheme the parents open 2 accounts. Because in case of twins and both are girl child so this scheme is allow for this. 
  • This scheme also allow for legal guardian ( when couples is appointed by the biological parents of the child by the court that it is called legal guardian)
  • For open bank account for girl child 10 years age are required. 
  • The girl children can savings her account of 18 years age and this time she can only withdraw 50% amount for her studies. 
  • At 21 years of age girl entire amount of her marriage. 
  • Parent or guardian can invest in this scheme through post office branches and public and private bank. And you should to submit some documents like passport, aadhar card etc.
  • The application form of this scheme can downloaded from some sources such as – RBI ( reserve bank of India), public sector banks ( State Bank of India, Punjab National Bank, Bank of Baroda), private sector banks ( ICICI bank, Axis bank and HDFC bank) etc.   
  • The amount is to be deposited for 14 years. 
  • Minimum amount to be deposited per year is Rs. 1000 and maximum amount is Rs. 1,50,000. 
  • In this yojana every year Interest rates is change and decided by government. In present time interest rates id 8.6%. 
  • When the girl child dies in that situation the account is closed. 
  • When gild child married before 21 years age in this case also closed account. 
  • If parent or guardian are failed to pay year premium then this account is closed. 
  • These schemes are benefits for those girls who are born in India. 
  • This scheme is also provide electronic transferability. 
  • For opening bank account for girl child birth certificate and photo identity proof ( aadhar card or  voter Id card), these documents are required. 
  • This scheme is offers that interest rate are 9.1%. But it is reduced to 8.6%. 
  • A minimum contribution of Rs. 1000 per year and maximum 1,50,000. Is deposited. 
  • The interest rate is fixed by the government of Sukanya Samriddhi Yojana.  

Benefits for Sukanya Samriddhi Account- 

  • High rate of Interest
  • Saving Money or tax
  • Easily transferable
  • Permission of operating
  • Deposition of small amounts
  • Payment directly made to the candidate
  • Allow to Account for adopted girl
  • Long term investment
  • Help save for you girl child’s educational expenses
  • You need to deposit for 15 years 

Check about Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY), Sukanya Samriddhi Yojana Account Opening Form, Sukanya Samriddhi Yojana Account Opening, Procedure, Interest Rate, Calculator, Many Account Can Open, detail in this article.

Sukanya Samriddhi Yojana interest rate 2019 calculator

PMSSY Revised Interest Rate YearPMSSY New Interest Rate (%)
1 April 2019 – 30 June 20198.50
1 January 2019 – 31 March 20198.50
1 October 2018 – 31 December 20188.50
1 July 2018 – 30 September 20188.10
1 April 2018 – 30 June 20188.10
1 January 2018 – 31 March 20188.10
1 October 2017 – 31 December 20178.30
1 July 2017 – 31 September 20178.30
1 April 2017 – 30 June 20178.40
1 January 2017 – 31 March 20178.50
1 October 2016 – 31 December 20168.50
1 July 2016 – 30 September 20168.60
1 April 2016 – 30 June 20168.60
From 1 April 20159.20
From 1 April 20149.10

People also ask

How many years deposit in sukanya samriddhi yojana?
How many years need to pay for sukanya samriddhi yojana?
How many years we have to pay in sukanya samriddhi yojana?
How many account open in sukanya samriddhi yojana?
How many years to invest in sukanya samriddhi yojana?
How many accounts can be opened under sukanya samriddhi yojana?
How many ac can be opened by sukanya samriddhi yojana?
Which bank is best for Sukanya samriddhi Yojana?
Sukanya samriddhi yojana how many years to pay?
Is Sukanya samriddhi and Sukanya Yojana same?
Can I deposit more than 1.5 lakh in Sukanya samriddhi Yojana?

More Sarkari Yojana information which is categories according state of India.

Andhra Pradesh YojanaKerala YojanaTelangana Yojana
Arunachal Pradesh YojanaMadhya Pradesh YojanaTripura Yojana
Assam YojanaMaharashtra YojanaUttar Pradesh Yojana
Bihar YojanaManipur YojanaUttarakhand Yojana
Chhattisgarh YojanaMeghalaya YojanaWest Bengal Yojana
Goa YojanaMizoram YojanaAndaman and Nicobar
Gujarat YojanaNagaland YojanaChandigarh
Haryana YojanaOdisha YojanaDadra and Nagar Haveli
Himachal Pradesh YojanaPunjab YojanaDaman and Diu
J&K YojanaRajasthan YojanaLakshadweep
Jharkhand YojanaSikkim YojanaDelhi Yojana
Karnataka YojanaTamil Nadu YojanaPuducherry