PAMPHLET ON  SUKANYA SAMRIDDHI ACCOUNT (SSA):-

 SUKANYA SAMRIDDHI ACCOUNT (SSA) :

1. This account is only for Girl Child .
2. 0 – 10 Years age group girl only eligible. (11- years also eligible for current year only)
3. Father (or) Mother (or) Legal guardian open this account

On behalf of minor child.

4. Only Two girl child accounts are eligible. If the second birth results  twins

Also eligible as special case.

5. Minimum contribution  is Rs.1000/- and Maximum is Rs.150000/- in a Financial year.  Subsequent deposits in multiples of Rs.100/- only allowed. No restriction on number of  deposits. If  the depositor fails to contribute minimum amount Rs.1000/- in any  financial year an amount of  Rs.50/-  is to be collected as penalty fee for further continuation of this account.
6. Rate of  interest : Offering  interest @ 9.1 %   (This year 2014-15) which is cumulative and credited into       account  end of March every year.  Interest rate is not  a fixed one. It may varies time to time as per govt. decissions.
7. The  Time period of this account is:-

(a) Deposits accepted up to   14 – years from date of opening of account. But account can close on 21- years from date of  opening.  During this break period govt pays interest.

(b) But the account is matured  if  Marriage of girl took place  after 18 years of her age , before 21 years of  date of opening of  account.

     8.   No loan facility . But  50% of balance at credit on preceding year allowed as withdrawal       

           For  Education / marriage purpose on attaining 18 years of girl age, 

   9.    TAX Benefit :  Contributed amount will be deductible u/s 80C of  income tax.

   10.   Date of Birth copy of  child, Address proof of  Parent (Aadhaar, House hold, voter card,  

           Driving license,  Pass Port copy etc.,) and PAN card copy  with 3- Photos of

           Child and  Parent  are required to Open this account.

// For full details : Please Contact :  Postmaster -------------------  //