Sukanya Samriddhi Yojana Interest rate 2022: New interest rate applies, see how much interest you get now

Sukanya Samriddhi Yojana Interest Rate 2022: This program was started by our Prime Minister Narendra Modi on January 22, 2015 for the bright future of daughters. During this Sukanya Samriddhi Yojana, parents open a Sukanya Samriddhi account at any national bank or post office in the name of their beloved daughter. The money deposited in the savings account of the parents will be used for his education and marriage.

Sukanya Samriddhi Yojana interest rate 2022

Sukanya Samriddhi Yojana interest rate

Sukanya Samriddhi Yojana interest rate

On the Sukanya Samriddhi account, parents can have a minimum of 250 / – and a maximum of Rs. 1.5 lakh can be deposited. In the beginning, the interest rate on savings was 9.1%, but now it has fallen and now it is 8.6% per year. The main purpose of starting this Sukanya Samriddhi Yojana is to increase the number of girls in the country and to create a balanced gender distribution.

All information about Sukanya Samriddhi Yojana Calculator we share here in this article, interested applicants can apply for this Sukanya Samriddhi account from the official website with this page.

Benefits of SSY

This Sukanya Samriddhi account is most beneficial for daughters as they can use this amount for their studies and marriage. No income will be charged on the maturity amount. Arguments for income tax can be submitted by the parents of the girl child. The minimum age for this Sukanya Samriddhi Yojana is 10 years! 50% of the maturity amount can be taken out at the age of 18 for the education of girls and the remaining 50% can be taken out at marriage at the age of 21 years.

Sukanya Samriddhi Yojana document

Here we share the important documents that are mandatory to upload during the application process for Sukanya Samriddhi Account.

  1. Aadhar card
  2. Birth certificate
  3. PAN card (depositor)
  4. Ration card (depositor)
  5. Photo in passport size (girls and parents)
  6. Contact number and address

Sukanya Samriddhi Yojana interest rate 2022

From 1 July 2018 – 30 September / 2018 8.1%
From 1 October 2018 – 31 December / 2018 8.5%
From 1 July 2016 8.4%
Current interest rate (from 1 April / 2020) 7.6% per year

Banks under SSY

Here we share the list of banks where applicants apply for Sukanya Samriddhi Yojana, according to the rules, 28 banks that fall under RBI can open Sukanya Samriddhi account, we list below parts

  1. Allahabad Bank
  2. State Bank of India (SBI)
  3. axel Bank
  4. Andhra Bank
  5. Bank of Maharashtra (BOM)
  6. Bank of India (BOI)
  7. Corporation Bank
  8. Central Bank of India (CBI)
  9. Canara Bank
  10. Dena Bank
  11. Bank Of Baroda (BOB)
  12. State Bank of Patiala (SBP)
  13. State Bank of Mysore (SBM)
  14. Indian Overseas Bank (IOB)
  15. Indian Bank
  16. Punjab National Bank (PNB)
  17. IDBI Bank
  18. ICICI Bank
  19. Syndicate Bank
  20. State Bank of Bikaner And Jaipur (SBBJ)
  21. State Bank of Travancore (SBT)
  22. Oriental Bank of Commerce (OBC)
  23. State Bank of Hyderabad (SBH)
  24. Punjab And Sind Bank (PSB)
  25. Union Bank of India
  26. UCO Bank
  27. United Bank of India
  28. Vijay Bank

The application process for Sukanya Samriddhi Yojana

  1. To apply for a Sukanya Samriddhi account, applicants must visit the nearest bank or post office
  2. From there, applicants must submit the application form
  3. Now fill in your and your daughter’s information correctly in the application form
  4. Attach mandatory documents
  5. Finally, submit the application form where you submit

Sukanya Samriddhi Yojana post office

Applicants who want to apply for Sukanya Samriddhi Yojana from the post office can follow this process

  1. First, applicants must open the official website
  2. Go to the “Banking & Remittance” option from the website of the official website
  3. Now select the option for posting savings plans
  4. From here, select the “Sukanya Samriddhi Account” (SSA) option.
  5. Here you get complete information about the layout
  6. Read it carefully and apply for the order

Sukanya Samriddhi Yojana was started by Prime Minister Narendra Modi. It is a daughter benefit system according to which parents can open a savings account for their daughters’ bright future. You can apply for Sukanya Samriddhi Yojana at national banks and nearest post offices. The minimum age to open a Sukanya Samriddhi account is 10 years.

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The post Sukanya Samriddhi Yojana Interest rate 2022: New interest rate applies, see how much interest you will receive now appeared first on My Technical Voice.

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