Sukanya Samriddhi Account

An Initiative by Government of India to

Educate Girl Child

How to Open Account

Till the Age of Girl Child is 10 Years or Below

Must Be IndianAny of the Parent or Guardian

can open SSASSA can be opened with

minimum deposit of Rs.1000/-Documents Required – Date of

Birth Certificate of girl child and Id proof od parents

For Details Click Here

BenefitsHighest Interest Rate among all

Small Savings Schemes offered by Govt of India

Income Tax Rebate u/s 80C

Financial freedom for education and marriage of Girl Child

Interest shall be payable in the account even after maturity

For Details Click Here

Rate Of InterestFor Year 2014-15 Rate of

Interest was declared at 9.1%

For Year 2015-16 Rate of Interest was declared at 9.2%

Every year Rate of Interest will be declared by government

Here are charts that completely explain returns with these rate of Interests

Monthly Investment Rs.10000/- ROI 9.1%

Monthly Investment Rs.10000/- ROI 9.2%

Yearly Investment Rs.10000/- ROI 9.1%

Rate Of Interest

According to Chart One After 21 years you will get Rs.60,71,283/-

According to Chart two After 21 years you will get Rs.61,57,840/-

According to Chart two After 21 years you will get Rs.63,12,610/-

For Details Click Here

Account Opening Form

You Can get the form Here

Banks Where SSA can be Opened

Allahabad Bank Andhra Bank Axis Bank Limited Bank of Baroda(BOB) Bank of India(BOI) Bank of Maharashtra(BOM) Canara Bank Central Bank of India(CBI) Corporation Bank Dena Bank Limited ICICI Bank Limited IDBI Bank Limited Indian Bank Indian Overseas Bank(IOB)

Oriental Bank of Commerce(OBC) Punjab & Sind Bank(P&SB) Punjab National Bank(PNB) State Bank of Bikaner and Jaipur(SBBJ) State Bank of India(SBI) State Bank of Hyderabad(SBH) State Bank of Mysore(SBM) State Bank of Patiala(SBP) State Bank of Travancore(SBT) Syndicate Bank UCO Bank Union Bank of India United Bank of India Vijaya Bank

MaturityInvestment is to be made for 14

years

After 21 Years of opening of SSA

50% of the investment can be withdrawn when girl is 18 years old

Account Will be closed after marriage of girl childFor Details Click Her

e

Tax BenefitsTax exemption up to Rs. 1.5 lakh

is allowed under Section 80C.

Only One parent can claim tax exemption

From Financial year 2015-16 Interest is tax free.

For Details Click Here