Sukanya Samriddhi Yojana Account Online Form / Interest Rate SSY Scheme 2023

In the modern era, girls and boys have equal rights in society. So I’d like to inform all parents that if you have a girl and want to brighten her future, the government of India has a golden opportunity for all young girls. With the Sukanya Samriddhi Yojana, all girl children can continue their education through various schemes provided by the government of India. This great scheme is under the “Beti Bachao-Beti Padhao Abhiyan.”

All girl children who are under the age of 10 and their parents can apply for this great government scheme. Under this scheme, by opening a zero-balance account all girls can enjoy a large interest rate with various premium tax benefits.

Eligibility Criteria for Sukanya Samriddhi Yojana

All parents must have to open a zero-balance bank account for their girl.
The applicant’s girl child must be below the age of 10 years.
One candidate can open only one bank account.
Each family can open only 2 SSY scheme account for this scheme.

How to Invest?

All girl child,s parents can apply for the Sukanya Samriddhi Scheme through the nearby government post offices or banks. All applicants have to submit some documents which I share below:-

Birth certificate of the candidate girl.
Government Voter id card of the applicant’s parents.
Entire address proof of the applicant’s parents.
Other KYC proofs of the applicant’s parents such as Adhaar card, Pan card, etc.

Entire Process of the Application

Download the entire application form for this scheme from RBI’s official website or Indian Post’s official website, or any bank’s official website.
After that, finish the entire form with the available key details of the girl child and her parent.
Complete the following process as directed- Primary Account Holder- Name of the applicant.
Joint Holder- Name of applicant’s parent.
Initial deposit amount of applicant’s parent.
Cheque or Demand Draft Number and Date for the initial deposit for this scheme.
The government registered the Date of Birth certificate of the girl’s child.
Entire identity proof of the applicant’s Parents like Driving License, Aadhaar, Pan card, etc.
Current and entire Address ( Voter ID document of the applicant’s parent).
Full Details of other KYC proofs like PAN card, Voter ID card, Adhaar card, etc.

Hoe to Open The Sukanya Samriddhi Yojana in Online or Offline

All applicants can apply for The Sukanya Samriddhi Yojana Online or Offline both mode. How to apply these two processes I have given below-

Offline Mode:

If you want to apply this scheme offline then you can follow these steps-

First, create an (SSY) zero-balance account for the Sukanya Samriddhi Yojana at any bank or Post Office.
After that, finish the application form with the required information or supporting papers.
Now, pay the first deposit in your account in cash or check mode. The payment can range between 250 rupees and 1.5 lakh rupees.
The bank or the Post Office will process Your application form and payment After completing your payment.
After completing the previous process, your SSY account will be activated by your bank. A bank passbook will be supplied for your account opening.

Online Mode:

If you want to apply this scheme online then you can follow these steps-

First, you have to download the IPPB application to your smartphone.
After installing this application, Money will be transferred to the IPPB account through your bank account.
Now, navigate to DOP Products on the IPPB application and select the Sukanya Samriddhi Yojana account from this app.
Then, put your SSY account number.
After that, select the installment length and the amount that you want to pay.
Now, the IPPB will say you when your entire payment procedure has been fully set up.
At last, you will be notified when the application conducts a money transfer.

Sukanya Samriddhi Yojana Interest Rate

Sukanya Samriddhi Yojana’s Interest Rate is created by our national government of India.

SSY Interest Rate:	7.60% p.a.
Investment Amount:	Minimum 250 rupees to Maximum 1.5 lakh rupees
Maturity Amount:	It depends on you
Maturity Period:	21 years

Tax Benefits of Sukanya Samriddhi Yojana (सुकन्या समृद्धि योजना) (SSY)

The entire money deposited, interest earned during the entire tenure, and maturity benefits are tax-exempt. The entire money deposited amount is deductible under section 80C up to Rs 1.5 lakh rupees.

Main Facts related to Sukanya Samriddhi Account Scheme

After 21 years of creating the bank account, or after this girl,s weeding the account will mature.
Time of entire investment- 21 years.
The minimum amount of Investment: is 1,000 rupees per annum.
The maximum amount of Investment: is 1.5 rupees lakh per annum.
After the girl,s married or when she becomes 18+ then a premature withdrawal of up to 50% of the investment is available.