Sukanya Samriddhi Yojana: PNB will give double profit to its customers on opening an account under this scheme till 15th September. Along with this, many facilities are also being provided by the bank.
Sukanya Samriddhi Yojana: The Central Government had started Sukanya Samriddhi Yojana to secure the future of daughters. Those who have started taking advantage of this scheme, those account holders are given income exemption on the money deposited from the banks of this scheme. A similar facility is also provided by the country’s main government bank Punjab National Bank. PNB told all the customers that anyone can open this account in their nearest branch. But how and what will be the benefits of this scheme of PNB, let us know.
How much will have to be deposited?
If you want to take advantage of Sukanya Samriddhi Yojana for your daughter, then you will have to invest at least Rs 250 to get the account opened. Apart from this, you can invest up to Rs 1,50,000 in it every year. (How to secure future for daughters) This account can be opened for a maximum of two daughters below the age of 10 years. By investing in it, you also get the benefit of tax exemption under section 80C of the Income Tax Act.
At present, the annual interest rate on Sukanya Samriddhi Yojana is 7.6%. (Interest in Sukanya Samriddhi Yojana) The central government revises the interest rate on all small savings schemes every three months. It also includes SSY. Let us tell you, this is one of those small savings plans, which are currently getting the highest interest. Let us tell you that you can open this account in any branch of PNB. You get the facility of SSY in every branch of the post office or commercial bank.
If a parent or guardian saves even Rs 100 a day for their daughter, then they can get a good amount on the maturity of this scheme. For every Rs 100 invested, it means they will save Rs 3,000 every month i.e. Rs 36,000 annually. Thus, if seen at the current interest rate of 7.4%, then after 14 years on maturity this amount will be Rs 15,22,221 including principal.
Which documents will be required?
Under Sukanya Samriddhi Yojana, for opening an account in PNB as well as any commercial bank branch or post office, you will have to submit a form as well as the birth certificate of your daughter. (Needed Documents for Sukanya Samriddhi yojana) Apart from this, the identity card and permanent address proof of the parent or guardian of the child should be there. Identity card should be PAN card, Ration card, Aadhar card, Driving license or Passport etc. Whereas electricity bill, telephone bill, water bill, residence certificate etc. will work as proof of permanent address. You also have to keep in mind that after opening the account under Sukanya Samriddhi Yojana, it is necessary to deposit at least Rs 250 every year.