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Home Personal Finance Finance Ministry issued new guidelines for Sukanya Samriddhi Yojana account, know full...

Finance Ministry issued new guidelines for Sukanya Samriddhi Yojana account, know full details

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Sukanya Samriddhi Yojana account: The Finance Ministry has changed the rules of all small savings accounts including Sukanya Samriddhi Account. All post offices have been asked to follow the new rules immediately.

Sukanya Samriddhi Yojana account: The Government of India started Sukanya Samriddhi Yojana in the interest of daughters. This amazing scheme was prepared keeping in mind the future needs of daughters. Now the Finance Ministry has changed many rules related to this scheme. Also, the Department of Economic Affairs has issued new guidelines and appealed to all post offices to work according to the new instructions.

If there are two Sukanya accounts, they will be closed

According to the Finance Ministry, new rules will be applicable to all Small Savings Accounts. In such a situation, investors associated with Sukanya Samriddhi Account should also know about them. According to the new guidelines, the Sukanya account opened by grandparents will now have to be transferred to either the parents or a legal guardian. If two Sukanya accounts have been opened, they will be closed. Such accounts will be considered against the rules.

Linking PAN and Aadhaar card is necessary

The Finance Ministry has said that all Sukanya Samriddhi accounts should have the PAN and Aadhaar card of the parents or guardian linked to them. If this is not the case, then immediately ask for their PAN and Aadhaar number. All post offices have been asked to immediately inform all account holders about the new rules. According to the circular, the power to regularize irregular accounts is only with the Finance Ministry. In such a situation, information about all irregular accounts should be given to them.

8.2 percent interest is being given on Sukanya account

In Sukanya Samriddhi Yojana, you can deposit from Rs 250 per month to Rs 1.5 lakh annually. In this quarter, 8.2 percent interest is being given on Sukanya account. This account matures when the daughter turns 21. Apart from this, 50% of the amount in this account can be withdrawn when the daughter turns 18. To open this account, you need to provide the daughter’s birth certificate. Also, you need to provide the PAN and Aadhaar card of the parents or guardian.

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