SUKANYA SAMRUDDHI ACCOUNT:
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Minimum deposit ₹ 250/- Maximum deposit ₹ 1.5 Lakh in a financial year.
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Account can be opened in the name of a girl child till she attains the age of 10 years.
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Only one account can be opened in the name of a girl child.
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Account can be opened in Post offices and in authorised banks.
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Withdrawal shall be allowed for the purpose of higher education of the Account holder to meet education expenses.
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The account can be prematurely closed in case of marriage of girl child after her attaining the age of 18 years.
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The account can be transferred anywhere in India from one Post office/Bank to another.
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The account shall mature on completion of a period of 21 years from the date of opening of account.
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Deposit qualifies for deduction under Sec.80-C of I.T.AcT
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Interest earned in the account is free from Income Tax under Section -10 of I.T.Act.
- Invest Rs 10,000 per year in SSY account: Maturity after 21 years is Rs 4.9 lac
- Invest Rs 20,000 per year in SSY account: Maturity after 21 years is Rs 9.8 lac
- Invest Rs 30,000 per year in SSY account: Maturity after 21 years is Rs 14.8 lac
- Invest Rs 40,000 per year in SSY account: Maturity after 21 years is Rs 19.7 lac
- Invest Rs 50,000 per year in SSY account: Maturity after 21 years is Rs 24.6 lac
- Invest Rs 60,000 per year in SSY account: Maturity after 21 years is Rs 29.5 lac
- Invest Rs 70,000 per year in SSY account: Maturity after 21 years is Rs 34.5 lac
- Invest Rs 80,000 per year in SSY account: Maturity after 21 years is Rs 39.4 lac
- Invest Rs 90,000 per year in SSY account: Maturity after 21 years is Rs 44.3 lac
- Invest Rs 1 lac (Rs 1,00,000) per year in SSY account: Maturity after 21 years is Rs 49.3 lac
- Invest Rs 1.1 lac (Rs 1,10,000) per year in SSY account: Maturity after 21 years is Rs 54.2 lac
- Invest Rs 1.2 lac (Rs 1,20,000) per year in SSY account: Maturity after 21 years is Rs 59.1 lac
- Invest Rs 1.3 lac (Rs 1,30,000) per year in SSY account: Maturity after 21 years is Rs 64.0 lac
- Invest Rs 1.4 lac (Rs 1,40,000) per year in SSY account: Maturity after 21 years is Rs 68.9 lac
- Invest Rs 1.5 lac (Rs 1,50,000) per year in SSY account: Maturity after 21 years is Rs 73.9 lac
