SUDARSHAN PRAKASH PATIL DYSPACP PROB FEATURES OF THE

SUDARSHAN PRAKASH PATIL DYSP/ACP (PROB)

FEATURES OF THE SCHEME Guardian to open the account: The account can be opened only by parents or legal guardians for upto two girl children. In case of twins or triplets an exemption will be made Age Eligibility: A Sukanya Samriddhi account can be opened for a girl child till she attains the age of 10. Residence: The girl child should be an Indian resident throughout the term of the scheme. Account in the name of the beneficiary: Sukanya Samriddhi Scheme can only be opened in the name of the girl child. Account can be closed after completion of 21 years. Normal Premature closure will be allowed after completion of 18 years provided that girl is married.

Minimum Investment: Rs. 1, 000 can be invested in one financial year. Maximum investment: of Rs. 1, 50, 000 can be made in one financial year. Penalty: If the minimum amount of Rs 1000/- is not deposited in any financial year , a penalty of Rs 50/- will be charged. Where to open Account: Sukanya Samriddhi account can be opened in Post Offices or authorised Banks

Documents required for Sukanya Samriddhi Yojana account: q Sukanya Samriddhi Yojana account opening application form. q Address proof of depositor: passport, driving license, Ration card, Electricity bill, Telephone bill. q Birth certificate of girl child q Identity proof of depositor: Passport, Ration card, Pan Card, Driving license

Benefits of Sukanya Samriddhi Yojana

STEPS TO BE FOLLOWED FOR REGISTRATION q OPEN THE GOOGLE SEARCH ENGINE q OPEN THE WEBSITE OF AUTHORISED BANK/POST OFFICE q APPLY FOR THE SCHEME q FILL UP THE ONLINE FORM q SUBMIT

1. OPEN THE WEBSITE OF POST OFFICE/ ANY AUTHORISED BANK

2. APPLY FOR THE SCHEME

3. FILL UP THE ONLINE FORM AND SUBMIT

LIMITATIONS OF THE PMSSY 1. No fixed rate of interest. 2. Premature withdrawal not allowed. 3. High lock in period of 21 years: The lock in period is little on a higher side for those who are seeking investment for shorter period. 4. No online transfer facility in post office