Thursday, 5 November 2015

Do you know ? Important Facts about Sukanya Samridhi Yojna:

->> It would fetch an interest rate of 9.1 per cent and provide income tax rebate.

->> ‘Sukanya Samridhi Account’ can be opened at any time from the birth of a girl child till she attains the age of 10 years, with a minimum deposit of Rs 1000.

->> A maximum of Rs 1.5 lakh can be deposited during the financial year.

->> The account can be opened in any post office or authorised branches of commercial banks.

->> The account will remain operative for 21 years from the date of opening of the account or marriage of the girl child after attaining 18 years of age.

->> To meet the requirement of higher education expenses, partial withdrawal of 50 per cent of the balance would be allowed after the girl child has attended 18 years of age.

Important Notes for Banking Awareness :
 Article shared by : Priyanshi Jain

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