PNB: Punjab National Bank has come up with Sukanya Samriddhi Yojana (SSY) to secure the future of your daughters. Through this scheme, you can make the future of your daughters safe. In this scheme, a parent or guardian can open only one account in the name of one daughter, and a maximum of two accounts can be opened in the name of two different daughters. Let’s know all the necessary information related to this…
PNB: How much has to be deposited
In this account, the minimum deposit has to be made 250 rupees. Apart from this, the maximum deposit you can make is up to Rs 1,50,000. By opening this account, you get a lot of relief from your daughter’s education and further expenses.
Know how much interest you will get
At present, interest was being given in SSY (Sukanya Samriddhi Account) at the rate of 7.6 percent which is with income tax exemption.
More than 15 lakhs will be available on maturity
If you invest Rs 3000 every month in this scheme i.e. after applying Rs 36000 annually, after 14 years at 7.6 percent annual compounding, you will get Rs 9,11,574. On 21 years ie maturity, this amount will be around Rs 15,22,221.
Where can you open the account?
Under Sukanya Samriddhi Yojana, you can open this account in any authorized branch of any post office or commercial branch.
These documents have to be given
To open an account under Sukanya Samriddhi Yojana, you will have to submit the birth certificate of your daughter to the post office or bank along with the form. Apart from this, the identity card (PAN card, ration card, driving license, passport) of the child and the parents and the proof of where they are living (passport, ration card, electricity bill, telephone bill, water bill) will have to be submitted.
If a minimum of Rs 250 is not deposited every year, then the account will be closed and for that year the deposit amount Can be revived with a penalty of Rs 50 per annum with the required minimum amount. Reactivation can happen after 15 years from the date of account opening.