Sukanya Samriddhi Yojana Account Online 2023 : In a bid to empower the girl child and ensure her financial security, the Government of India introduced the Sukanya Samriddhi Yojana (SSY) in 2015. This initiative, part of the ‘Beti Bachao, Beti Padhao’ campaign, aims to provide parents and guardians with a robust savings platform to accumulate funds for their daughters’ education, marriage, and other essential needs. The Sukanya Samriddhi Yojana Account Online not only encourages long-term savings but also facilitates the development of a strong financial foundation for young girls.
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Latest Update On 30th September 2023 : At the moment, neither licenced bank branches nor post offices permit customers to open an SSY Account online. However, after submitting all of the necessary paperwork to start the account, you will have the ability to set the standing instructions using the web portal.
Sukanya Samriddhi Yojana Account Online 2023 Overview
| Scheme Name | Sukanya Samriddhi Yojana |
| Lunched By | Government of India |
| Apply Mode | Online |
| Year | 2023 |
| Official Website | nsiindia.gov.in |
Sukanya Samriddhi Yojana Account Online Portal
The Sukanya Samriddhi Yojana account can be managed online through the official portal of the scheme. The portal allows parents or guardians to open and operate Sukanya Samriddhi Yojana Account Online for their daughters, facilitating deposits, interest calculations, and withdrawals. It offers a convenient digital platform to ensure the financial well-being of girl children in India.
Sukanya Samriddhi Account Scheme
- Maximum deposit ₹ 1.5 Lakh every financial year. Minimum deposit ₹ 250/-.
- Girl children can open Sukanya Samriddhi Yojana Account Online till they turn 10.
- Girl children can only open one Sukanya Samriddhi Yojana Account Online.
- Post offices and licenced banks open accounts.
- Withdrawals are allowed for Account holders’ higher education expenses.
- The account might be prematurely terminated if a girl marries after 18.
- The account can be transferred across Indian post offices/banks. The Sukanya Samriddhi Yojana Account Online matures 21 years after opening.
- Deposit is deductible under I.T.Act Sec.80-C.
- Section 10 of the I.T.Act exempts Sukanya Samriddhi Yojana Account Online interest from income tax.
Sukanya Samriddhi Yojana Account Links
| Application for opening an account under National Savings Schemes.( FORM -1) | Click Here |
| Pay-in-slip (FORM -2 ) | Click Here |
| Application for Loan/Withdrawal (FORM -3) | Click Here |
| Pass Book (FORM -4) | Click Here |
| Application for transfer of account under National Savings Scheme (FORM -5) | Click Here |
| Application for extension of account under National Savings Scheme (FORM -6) | Click Here |
| Application for pledging of account under National Small Savings Scheme | Click Here |
Post Office Savings Account
INTRODUCTION:
- Minimum deposit: ₹500. Deposits are unlimited.
- A person can open the account alone or with an adult.
- A guardian or unsound mind can open the Sukanya Samriddhi Yojana Account Online for a minor.
- A 10-year-old can open the Sukanya Samriddhi Yojana Account Online alone.
- Section 80 TTA of the Income Tax Act allows for deductions of up to ₹ 10,000 in account interest every financial year.
- Cheques are accepted.
Statement showing State wise No. of Accounts and Collection In Post Offices and Banks under Sukanya Samridhhi Account Scheme
Year 2023 – 2024
Eligibility Criteria of Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana is open to Indian parents or guardians of a girl child below 10 years of age. Families with one or two daughters can open an account, with a maximum of two Sukanya Samriddhi Yojana Account Online per household. This initiative aims to promote long-term savings for the girl child’s future education and marriage expenses, offering attractive interest rates and tax benefits.
Benefits of Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana offers numerous benefits, including high-interest rates that exceed regular savings Sukanya Samriddhi Yojana Account Online , compounded annually. It provides a secure financial foundation for a girl child’s education, marriage, and overall future. The scheme qualifies for tax deductions under Section 80C of the Income Tax Act. Additionally, the Sukanya Samriddhi Yojana Account Online promotes gender equality and empowers parents to save specifically for their daughter’s needs. The combination of attractive interest rates, tax benefits, and its focus on girl child welfare makes the scheme a lucrative and socially impactful investment option for families.
Tax Benefits of Sukanya Samriddhi Yojana
Contributions to Sukanya Samriddhi Yojana are eligible for tax deductions under Section 80C of the Income Tax Act. The interest earned and the maturity amount are also tax-free, making it a lucrative option for parents or guardians seeking both Sukanya Samriddhi Yojana Account Online financial security for their girl child’s future and tax benefits.
What You Need to Open an Online Sukanya Samriddhi Yojana Account
- Photo ID of parents or legal guardian
- Address proof of parents or legal guardian
- Birth certificate of the girl child
- Photograph of the child and parent
Interest of Sukanya Samriddhi Account Scheme
Interest Rate Since Inception
| PERIOD | RATE OF INTEREST (%) |
| 03.12.2014 TO 31.03.2015 | 9.1 |
| 01.04.2015 TO 31.03.2016 | 9.2 |
| 01.04.2016 TO 30.09.2016 | 8.6 |
| 01.10.2016 TO 31.03.2017 | 8.5 |
| 01.04.2017 TO 30.06.2017 | 8.4 |
| 01.07.2017 TO 31.12.2017 | 8.3 |
| 01.01.2018 TO 30.09.2018 | 8.1 |
| 01.10.2018 TO 30.06.2019 | 8.5 |
| 01.07.2019 TO 31.03.2020 | 8.4 |
| 01.04.2020 TO 31.03.2023 | 7.6 |
| 01.04.2023 TO 30.06.2023 | 8.0 |
Details of Sukanya Samriddhi Yojana Account Passbook
The Sukanya Samriddhi Yojana account passbook provides a record of deposits, interest earned, and withdrawals. It serves as a comprehensive summary of the Sukanya Samriddhi Yojana Account Online financial transactions. This passbook is a vital document for tracking the progress and managing the savings towards a girl child’s education and marriage expenses.
Sukanya Samriddhi Yojana Online Account Link
To open a Sukanya Samriddhi Yojana account online, visit the official website of a designated bank or post office offering the scheme. Fill out the application, upload necessary documents, make the initial deposit, and access the Sukanya Samriddhi Yojana Account Online through the provided online portal for management and transactions.
| सुकन्या समृद्धि योजना 2023 | Click Here |
| Official Website | Click Here |
How To Open Sukanya Samriddhi Yojana Account Online:
To open a Sukanya Samriddhi Yojana Account Online online, follow these steps:
- Visit the official website of your chosen bank or financial institution offering the scheme.
- Fill out the online application form with accurate details, including the girl child’s information and guardian’s details.
- Upload required documents, such as the girl child’s birth certificate and the guardian’s identity proof.
- Make the initial deposit amount (minimum of Rs. 250) using online payment methods.
- Once verified, you’ll receive the Sukanya Samriddhi Yojana Account Online number and other relevant details.
- The online account management portal allows you to track deposits, interest, and manage the Sukanya Samriddhi Yojana Account Online effortlessly.
In conclusion, the Sukanya Samriddhi Yojana not only promotes the welfare of the girl child but also embraces digital convenience through its online Sukanya Samriddhi Yojana Account Online management system. By following a few simple steps, guardians can easily download their account statements online, ensuring transparency and effective financial planning. This initiative, coupled with the convenience of digital services, reflects the government’s commitment to securing the future of the girl child in India.
FAQs on Sukanya Samriddhi Yojana Account Online
Yes, the account can be opened for a girl child who is below 10 years of age. The Sukanya Samriddhi Yojana Account Online can be operated until she turns 21.
The minimum annual deposit is Rs. 250, and the maximum deposit is Rs. 1.5 lakh. Deposits can be made in multiples of Rs. 100.
Yes, contributions made to the scheme are eligible for tax deductions under Section 80C of the Income Tax Act. Additionally, the interest earned and the maturity amount are also tax-exempt.
