What is Sukanya scheme in post office?
What is Sukanya scheme in post office?
Sukanya Samriddhi Yojana is a government-backed small savings scheme that helps parents secure the future of their girl child. This scheme can be easily opened at post offices and designated private or public banks in the form of a savings account in the name of the baby girl.
How do I check my post office Ssy balance?
Online
- Step 1: Apply for login credentials.
- Step 2: Log in with the credentials.
- Step 3: After login, the homepage for Sukanya Samriddhi Yojana will appear.
- Step 4: Note that through this portal, you can only view your Sukanya Samriddhi Yojana account balance.
What are the documents required for ssy?
Documentation
- SSY Account Opening form.
- Birth Certificate of the girl child, having the child’s name on it.
- Photograph of the parent/ legal guardian of the girl child.
- KYC Documents (Identity & Address Proof) of the parent/ guardian.
- For the list of KYC documents, click here.
What is the benefits of Sukanya samriddhi scheme?
Sukanya Samriddhi Account provides a higher rate of interest than other Savings Plans that offer financial security for the girl child. Each financial year, the government declares the applicable interest rate for that year, while the interest on your investments is compounded yearly.
What all documents are required for Sukanya samriddhi account?
Documents you need to open Sukanya Samriddhi Yojana Account are:
- SSY Account opening form.
- Beneficiary’s birth certificate.
- Address proof of the guardian or parents of the beneficiary.
- Id proof of the guardian or parents of the beneficiary.
What are documents required for Sukanya samriddhi Yojana?
Identity proof of parents/legal guardian – The parents/legal guardians who intend to open a Sukanya Samriddhi Account for their daughter should present a valid ID proof in order to process the application. This could be any government issued ID card like driving license, passport, Aadhar card, voter ID card, etc.
What is the maturity amount of Sukanya samriddhi account?
21 Years
Calculation of Maturity Value under SSY after 21 Years
| Year | Investment Amount (Yearly) | Maturity Amount (21 Years) |
|---|---|---|
| 1 | Rs.1,000 | Rs.43,949 |
| 2 | Rs.2,000 | Rs.87,911 |
| 3 | Rs.5,000 | Rs.2,19,769 |
| 4 | Rs.10,000 | Rs.4,39,542 |
How much amount will get in Sukanya samriddhi Yojana?
The maximum amount you can deposit in the SSY account is Rs 1.5 lakh per financial year. The SSY account is opened in the name of a girl child to give her a bright future. The money can be used for higher education or the marriage expenses of a girl child.
Where can I download Form 1 of Sukanya Samriddhi Yojana?
Download Free of Sukanya Samriddhi Yojana (SSY) Application Form 1 PDF by using the Direct download link from rbidocs.rbi.org.in is given below. Sukanya Samriddhi Yojana is a government-backed savings scheme as part of the “ Beti Bachao, Beti Padhao Yojana ” for the benefit of the girl child.
How is percentage method used in study of Sukanya Samrudhi Yojana?
The percentage method is used to study the response given by the people to ‘Sukanya Samrudhi Yojana’ schemes. Need of the Research: Prime Minister, Narendra Modi launched the scheme of ‘Sukanya Samrudhi Yojana’ to save girl child, to control the percentage of dropout of girls and make them empower.
How to apply for SSY in Beti Padhao Yojana?
The SSY Application Form requires applicants to provide some key data regarding the girl child in whose name the investment will be made under the Beti Bachao, Beti Padhao Yojana. Details of the parent/guardian who will be opening the account/making deposits on her behalf are also required.