For example, these cookies track what content are most frequently visited, your viewing history and from what locations our visitors come from. The facility to open Sukanya Samriddhi Yojana Account is now available at all SBI branches. SBI allows the opening of an SSY account in an easy and hassle-free way. As per the official SBI website, the Sukanya Samriddhi Account has was introduced vide Government of India Notification No. To get Sukanya Samriddhi Account passbook, the account holder can download the application form from the respective bank or post office website and submit the duly-filled form to the authorised branch. Only one account can be opened in the name of a girl child. As per the official SBI website, the Sukanya Samriddhi Account has was introduced vide Government of India Notification No. 1) Add money from your bank account to IPPB account. The passbook is provided at no extra cost. Birth certificate of the girl child in whose name the account is opened must be submitted. If you want to remove previously-stored cookies, you can manually delete the cookies at any time from your browser settings. Once an Sukanya Samriddhi account has been opened, a passbook will be provided to you. The small saving scheme for girl child is specifically designed to ensure that parents and guardians of the girl do not get overburdened at the time of their marriage or higher education and can take advantage of the investment as a tax exemption under section 80C of Income Tax. Once you get into the bank, you would be directed to the official who is responsible for opening up of Sukanya Samriddhi Accounts in SBI. SBI Sukanya Samriddhi Yojana Account: Premature Closure, Premature closure is allowed in the event of death of the depositor or in cases of extreme compassionate grounds such as medical support in life threatening diseases to be authorized by an order by the Central Government. Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. The passbook contains various details such as the name, date of birth, address, account number, the date the account was opened, and the amount that has been deposited. Persistent Cookies This cookie policy should be read together with our Privacy Policy. understands that your privacy is important to you and we are committed for being transparent about the technologies we use. The scheme allows a number of nationalized banks and Post offices to open up Sukanya Samriddhi Account in SBI branches. The scheme was officially launched in January 2015. You will need to keep the passbook in a safe place as the same will be needed to update information about all kinds of transactions completed on the account. Currently Sukanya Samriddhi account can be opened from Post office but soon the SSAY account will be opened in all nationlised bank. Session cookies are temporary and deleted from your machine when your web browser closes. The Tax benefits on Sukanya Samriddhi account can be availed based on the deposited amount. We use persistent cookies to improve your experience of using the sites. These cookies, for example, let us recognize that you have created an account and have logged in/out to access site content. If you subscribe to a newsletter or otherwise register with the Sites, these cookies may be correlated to you. SBI Sukanya Samriddhi Yojana Account: Individuals looking for securing the future of their girl child can open Sukanya Samriddhi Account at the State Bank of India (SBI). SBI Sukanya Samriddhi Yojana Account: Tax Rebate. However, if you select this setting you may be unable to access certain parts of the sites. If you do not want cookies to be dropped on your device, you can adjust the setting of your Internet browser to reject the setting of all or some cookies and to alert you when a cookie is placed on your device. 912(E),has notified that Central Govt. Please re-enter your phone number. Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. However, the account must have been opened for at least 5 years.

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