Rate of interest 8.4% Per Annum (with effect from 1-10-2017), calculated on yearly basis ,Yearly compounded.
Sukanya Samriddhi Account details
|Type of Account ||Minimum Deposit ||Maximum Deposit |
|Sukanya Samriddhi Accounts||INR. 1000/- in a financial year.||INR. 1,50,000/- in a financial year.|
Subsequent deposit in multiple of INR 100/- Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year
If minimum Rs 1000/- is not deposited in a financial year, account will become discontinued and can be revived with a penalty of Rs 50/- per year with minimum amount required for deposit for that year.
Partial withdrawal, maximum up to 50% of balance standing at the end of the preceding financial year can be taken after Account holder’s attaining age of 18 years.