Steps to Deposit Money in Sukanya Samriddhi Account Online
Sukanya Samriddhi Yojana
It is a tool for creating a corpus for your daughter’s education & her career advancement.
Features
Interest Rate:
8% p.a.
Taxation: Deduction up to
₹1,50,000
under section 80C of the Income Tax Act.
Who is Eligible?
A
parent/legal guardian
can open an account in Post Office for a resident Indian girl child aged up to 10 years under SSY.
Open Sukanya Samriddhi Account
Visit & request a Sukanya Samriddhi Account Form
at your
nearest Post Office or Bank branch
.
Documents Needed for SSY Account
Birth certificate of the girl child. Valid ID & address proof of the depositor and
Passport-size photographs.
How to Invest?
To invest, submit all the documents, pay the initial amount, i.e., between
₹250 - ₹1.5 lakhs
& your account will be active.
Invest Online in SSY
After account opening, you can set up online payment for the next instalments
via net banking.
Investment Tenure
The account has a term of
21 years
from the date of opening. Deposits to this account have to be made for
15 years only
.
Expected Returns
Investment Year
: 2023
Amount
: ₹10,000 p.a.
Total Investment
: ₹1.5 Lakhs
Maturity Year
: 2044
Expected Return
:
₹4,39,538
Learn more
Sign Up
Invest in Bonds Offering
9-11% Fixed Returns