facebook Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY) Scheme - ... - Vigyaa

Delete Collection?

Are you sure you want to delete this collection permanently?


Delete Collection?

Are you sure you want to delete this collection permanently?

Everyone has a Story to Tell and an Experience to Share!

Let’s Start Writing


Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY) Scheme - Join Now!

Having a baby girl? As a parent, there are various aspects you need to keep in mind in raising a girl in this society. One of the most important things you need to do is "Savings for Her Future".

Having a baby girl? As a parent, there are various aspects you need to keep in mind in raising a girl in this society. One of the most important things you need to do is "Savings for Her Future". With this in mind, the Government of India has come up an excellent savings scheme for girls called Pradhan Mantri Sukanya Samriddhi Yojana scheme.

Sukanya Samriddhi Yojana Account Benefits, Interest Rate And Forms


In India, a girl child is considered as a financial burden as a parent needs to pay for her education, pay for marriage etc. By implementing Pradhan Mantri Sukanya Samriddhi Yojana, the Government tries to aware parents that a girl child is not a financial burden for you, if parents secure their girl child's future through financial planning from her early stage itself.

1) Pradhan Mantri Sukanya Samriddhi Yojana - What It Is?

Sukanya Samriddhi Yojana is a small deposit scheme of Government Of India exclusively available for a girl child and is implemented as a part of "Beti Bachao Beti Padhao" Campaign. This savings scheme is meant to save money to meet the education and marriage expense of a girl child.


If you're looking for the complete information of the scheme including:

  • Advantages of Sukanya Samriddhi Yojana.
  • Eligibility Criteria to Open a Sukanya Samriddhi Yojana Account.
  • How to Open an Account etc.

2) Advantages of Sukanya Samriddhi Yojana

The below mentioned are few of the important advantages that you will enjoy by joining under this scheme.

Higher Interest Rate: It's the one and only scheme which offers the highest interest rate of about 9.1%. The rate of interest for this scheme will be market linked and also the rate of interest for every financial year is declared by the Government of India.

Tax Benefits: Government of India has offered tax exemption for this scheme to encourage people to join Sukanya Samriddhi Yojana.

Savings Period: This best feature of this savings scheme. The maturity of this account is 21 years from the date of opening of the account. Only one premature withdrawal is allowed when your girl child on attaining the age of 18 years only if the funds are for higher education.

So, decided to open Sukanya Samriddhi Yojana account? Just follow the below steps:

We all know that parents find it difficult to make arrangements for the study and marriage of their girl child. But by enrolling this scheme, it will be easier for them.


3) Here are the few things you should know about Pradhan Mantri Sukanya Samriddhi Yojana (PMSSY) Scheme

  • Bank account is to be opened by legal guardian of girl child.
  • Age of the girl child at the time of account opening should not be exceeded 10 years.
  • Minimum amount to be deposit per year is Rs.1000 and the maximum is Rs. 1, 50, 000.
  • The amount can be deposited during the financial year April to March.
  • Interest rate to be offered is 9.2%.
  • Minimum lock-in period is 11 years ad maturity date is 21 years from the date of account opening.

4) Eligibility Criteria to Join Pradhan Mantri Sukanya Samriddhi Yojana Account

  • Girl child of age 10 years or below are eligible to join this scheme.
  • NRI's can't participate in this scheme.

5) How to Open Pradhan Mantri Sukanya Samriddhi Yojana Account in Post Office or Bank

Step #1 - Visit the nearby post office or bank.

Step #2 - Get the application form and fill the form with the help of the Bank Staff if needed.

Step #3 - Attach the copies of the following documents:

  • Birth Certificate of a Girl Child.
  • Address Proof of Parent or Guardian.

Step #4 - Submit these documents along with the filled application in the respective counter and let the official that you need to open the Sukanya Samriddhi Yojana Account.

Step #5 - The official will check the application form and attached documents. If everything is okay, he will process your request.

Step #6 - Once the passbook is delivered, you can make the first deposit for your child.

Condition for Withdrawing Money

  • Money can be withdrawn after the girl turns 21.
  • For the girl's higher education, the account holder can withdraw up to 50% amount.
  • If the money is not withdrawn even after the girl turns 21, it will continue to earn more interest.

So, what are you waiting for? Here we have given as much as information needed to open Join Pradhan Mantri Sukanya Samriddhi Yojana Account.

Secure your Princess Future with Pradhan Mantri Sukanya Samriddhi Yojana Account! 🙂


Related Articles
Nissan Elgrand Japanese cars are getting famous day by day. The most famous one among all is the Nissan Elgrand. It is a perfect family car. Also, there are so many different models of these cars. Even if you don’t live in Japan, you can buy these cars. There are many dealers in the UK who sell these cars. They are mostly second hand but look new. The people who know how great the used cars are will love to buy this car. Also, everyone like to have a car of their own. It is because it serves you in many ways. Firstly, there is no need to depend on others. You can go anywhere on your own. In fact, if you have Nissan your whole family can plan a picnic. It is very comfortable too. There are people whose job is to go here and there. Using public transports is very hectic and hiring a taxi can be so expensive. So, also for them this car is the best option.

Benefits of buying second hand Nissan Elgrand

There are so many benefits when you buy a car that is not brand new. Many may not have an idea but here when we discuss in detail, so that you will not have to think if you are planning to but this car. • Low price • Good quality • Easy to purchase • No maintenance issues • Resale value

Low price

The number one benefit is that when you buy this car you don’t have to spend extra. It is also the first choice of many as the other cars that have the same features are available at a very high price. People will not have this much income that allows them to buy those. So, these Elgrand are in demand. They are not only perfect when it comes to features but also fit look wise. There is no way you feel like you are sitting in an old-looking car. So, never go back after making your decision.

Good quality

The other thing that makes these cars best is there quality. The qualities at this cost are not available in any other car. Also, everyone is aware of the fact that there is no need to doubt on Japanese vehicles. So, there is no need to worry while paying for this car. There is no way that your money will go in waste. It is for sure that you will enjoy driving this car.

Easy to purchase

Many don't like to go through a long procedure just to buy one car. Most of the time it is the main reason they avoid buying a car. With used Elgrand there is no need left for this. You don't have to wait for days and do long paperwork. The only time that is required is one day. So, get your hands on this superb vehicle today and become the owner of the car yourself.

No maintenance issues

The other thing that makes this car best is the less need for maintenance. As we learn above the quality of these vehicles is very good, it automatically ends the need for maintenance. The only service that is required is the services every car needs once or twice a year. So, enjoy the car without spending a whole lot of money.

Resale value

As the demand for this car is so much in the market, you don't have to worry about its resale value. Whenever you will have a need to send this car, you will definitely find a buyer who offers you a good price. But it is not same as other cars. There value get down so much within days. So, buy an Elgrand today. The only thing you have to keep in mind is that choose a company that has a name. Don't buy a car from a random dealer.

Reference Image