Do You Have a Girl Child – Then you must read this – Central Govt Yojana

If you Have a Girl Child then You are reading the Right Blog ,
Here it is : The Government of India  ‘Sukanya Samriddhi Yojana’ ha been  launched by Prime Minister Narendra Modi and has been receiving overwhelming response from the parents
in the State.
Hundreds of applications have been
pouring in to the Post Office Near to You,

Samriddhi Yojana “is a small deposit scheme for girl child launched as
part of ‘Beti Bachao Beti Padhao’ campaign. An account can be opened at
any time from the birth of a girl till she attains the age of 10 years,
with a minimum deposit of Rs.1000 in any Post Office or authorised
branches of Commercial Banks. The subsequent deposit should be in
multiples of Rs.100, he explained.

Documents relating
to child’s age proof and address proof of parents or guardians should
be submitted while opening account. In case a proper birth certificate
is not available, a certificate of date of birth from the school
headmaster or from hospital, where the child was born, can be submitted.
rate will be 9.1 per cent for financial year 2014-15 and it will be
calculated on a yearly basis and credited into account i.e. compounded
every year up to completion of 14 years from date of opening the
Mr. Sampath said the account would remain
active for 21 years from the date of opening of the account or marriage
of the girl. Partial withdrawal of 50 per cent of the balance would be
allowed after the girl has attended 18 years to meet the requirement of
higher education or marriage expenses, he said adding more details could
be collected from the nearest post office.
Just to a quick example of Rs.1000/month invest for next 14 years will be 1,68,000/- and when the Maturity of the account comes after 21 yrs the amount en cashed will be over 6 lacs