Sukanya Samriddhi Yojana: The Government of India initiated the Sukanya Samriddhi Yojana with the aim of promoting the welfare of daughters. Crores of people are taking advantage of this scheme run by the government. The government launched this scheme with the future needs of daughters in mind.
If a daughter is born in your house and you are looking for a beneficial scheme to secure her future, then nothing can be better for you than Sukanya Samriddhi Yojana. This scheme is quite popular. Currently, you can earn 8.2 percent interest on your investment in the Sukanya Samriddhi Yojana.
You also get exemption in income tax by investing in Sukanya Samriddhi Yojana. Now, the Finance Ministry has changed many rules related to this scheme. Along with this, the Department of Economic Affairs has issued new guidelines and appealed to all post offices to work according to the new instructions.
According to the Ministry of Finance, new rules will be applicable on all small savings accounts. In such a situation, investors associated with Sukanya Samriddhi Accounts should also be aware of these new rules.
According to the new guidelines, according to the latest guidelines of Sukanya Samriddhi Yojana, the circular of the Department of Posts dated August 21, 2024 regarding Sukanya Samriddhi accounts opened by grandparents who are not legal guardians states that “Guardianship shall be transferred to the person authorized by law i.e. natural guardian or legal guardian.
Such accounts may be closed
According to a TOI report, if a family opens more than two Sukanya Samriddhi accounts under the Sukanya Samriddhi Yojana, 2019, the circular stipulates that the scheme will close irregular accounts due to their violation. The circular also emphasizes the importance of obtaining and updating the PAN and Aadhaar details of both account holders and guardians in the system before submitting the regularization request to the concerned office.
According to the Ministry of Finance, all Sukanya Samriddhi accounts should have the PAN and Aadhaar card of the parents or guardian linked to them. If this is not the case, then immediately ask for their PAN and Aadhaar numbers. We have instructed all post offices to promptly update all Sukanya Samriddhi accounts. Account holders should be informed about the new rules.
To invest in the Sukanya Samriddhi Yojana, the daughter’s age must be less than 10 years. In this scheme, you have to invest a minimum of 250 rupees in a financial year. We have fixed the maximum investment limit at Rs 1.5 lakh. The daughter’s account in Sukanya Samriddhi Yojana requires investment for a period of 15 years. Your account matures after 21 years from the date you opened it.