You can open this account in any authorized branch of any post office or commercial branch.
New Delhi. Punjab National Bank has come up with Sukanya Samriddhi Yojana (SSY) to secure the future of your daughters. Through this scheme, you can secure the future of your daughters. In this scheme, only one parent or guardian can open an account in the name of the daughter.
How much has to be deposited In this, the minimum deposit has to be made 250 rupees. Apart from this, the maximum deposit you can make is up to Rs 1,50,000. By opening this account, you get a lot of relief from your daughter’s education and further expenses. In this, only one account can be opened in the name of one daughter. If there are two daughters, then separate accounts will have to be opened in the name of both. Let us know the important information related to this…
Let us tell you that more than 15 lakhs will be available on maturity, if you invest Rs 3000 every month in this scheme i.e. after investing Rs 36000 annually, after 14 years at 7.6 percent annual compounding, you will get Rs 9,11,574. On 21 years ie maturity, this amount will be around Rs 15,22,221. Let us inform that at present, interest was being given in SSY at the rate of 7.6 percent which is with income tax exemption.
Where can you open the account
Under Sukanya Samriddhi Yojana, you can open this account in any authorized branch of any post office or commercial branch.
These documents will have to be given , to open an account under Sukanya Samriddhi Yojana, you will also have to submit the birth certificate of your daughter in the post office or bank along with the form. Apart from this, the identity card (PAN card, ration card, driving license, passport) of the child and the parents and the proof of where they are residing (passport, ration card, electricity bill, telephone bill, water bill) will have to be submitted.
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