The investors, on the other hand, need to keep in mind five important years or time spans before investing in SSY. Birth certificate of the girl is the main document to be submitted while opening the Sukanya Samriddhi Account. Even the returns are tax-free in the scheme. Sukanya samriddhi account yojana scheme - investment proof.The two parties are involved in account opening, girl child and her parents or legal guardian.The maximum age limit of opening Sukanya Samriddhi Account is 10 years only.Photographs of Parent/Legal Guardian … The returns from this scheme are tax-free. Under the Sukanya Samriddhi Yojana, the account for the girl child can be opened anytime between the births of the girl till the time she turns 10. Under the Sukanya Samriddhi Yojana, the account for the girl child can be opened anytime between the births of the girl till the time she turns 10. The purpose is to encourage parents to generate an investment pool for the future education and marriage expenses for their girl child. The returns from this scheme are tax-free. Give wings to her dreams. This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or India Post branch. Sukanya Samriddhi Yojana. Sukanya Samriddhi Yojana was launched by the Central Government in January 2015. So, you can claim the amount deposited by you without submitting any evidence as of now. The government fixes the Sukanya Samriddhi Yojana interest rate is fixed by the government. The income tax benefit from this scheme comes under section 80 C of the 1961 Income Tax Act. Sukanya Samriddhi Yojana (SSY) is a small deposit scheme for the girl child launched as a part of the 'Beti Bachao Beti Padhao' campaign. Even the returns are tax free in the scheme. Token amount of Rs.250 to open a Sukanya Samriddhi Yojana account With a minimum deposit of Rs.250, you can open an SSY account and the maximum deposit amount can be Rs.1,50,000. Even the returns are tax-free in the scheme. Government backed Sukanya Samriddhi Yojana (SSY) is targeted towards a girl child and her financial needs such as education and marriage. However, as the exact age at which she would require the funds is uncertain, the scheme tries to be flexible.

It is currently 8.1 per cent and provides income-tax benefit under section 80 C of the Income Tax Act,1961. We discus about Post office Sukanya Samriddhi Yojana Scheme Details, how to open an account and tax benefits in this blog. The scheme encourages parents to build a fund for the future education and marriage expenses for their female child. The investment earns tax … The scheme received a good acceptance in wake […] Sukanya Samriddhi Account opening form. Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme as part of the “Beti Bachao, Beti Padhao Yojana” for the benefit of the girl child.Parents can open up to two such accounts for girls (they cannot open a third/fourth account, etc. The interest rate is 8.4 percent per annum for the quarter ending March 2020, compounded annually.