Sukanya Samriddhi Yojana
Sukanya Samriddhi Accounts • Rate of interest 9.1% Per Annum(2014-15),calculated on yearly basis ,Yearly compounded. • Minimum INR. 1000/-and Maximum INR. 1,50,000/- in a financial year. Subsequent deposit in multiple of INR 100/- Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year • A legal Guardian/Natural Guardian can open account in the name of Girl Child. • A guardian can open only one account in the name of one girl child and maximum two accounts in the name of two different Girl children. • Account can be opened up to age of 10 years only from the date of birth. For initial operations of Scheme, one year grace has been given. With the grace, Girl child who is born between 2.12.2003 &1.12.2004 can open account up to1.12.2015. • If minimum Rs 1000/- is not deposited in a financial year, account will become discontinued and can be revived with a penalty of Rs 50/- per year with minimum amount required fo