Sukanya Samridhi Account Scheme
Sukanya Samriddhi Scheme The account can be opened in the name of a girl child till she attains the age of 10 years. Minimum deposit Rs. 250/- Maximum Deposit Rs 1.5 Lakh in a financial year. Only one account can be opened in the name of a girl child. The account can be opened in Post offices and in authorized banks. The account shall mature on completion of 21 years from the date of opening the account. Interest earned in the account is free from Income Tax under section 10 of the I.T Act. Withdrawal shall be allowed for the purpose of higher education of the account holder. The account can be permanently closed in case of marriage of a girl child after her attaining the age of 18 years The rate of Interest for the period 01.04.2020 to 31.03.2022 is 7.6%