By Rajendra
Sep 14, 2022
opened at any point after the arrival of a baby girl until she reaches the age of 10
image credit- HDFC MF
Min Deposit 250 Max Deposit 1.50 lakh
Only for Girl Child age below 10 year allow
Deposits can be made until the end of 15 years from the opening date. Min 250 every year
Every Quarter Interest Rate Change - No Fixed Interest . Interest is calculated annually on compound basis
The account will mature upon its completion, 21 years after its opening. Partial withdrawal is allowed with conditions.
Only two SSY accounts are permitted for families. One account each girl child
One child more than one account not allow
* Child Birth Proof * Guardian Aadhar number * Photo * KYC documents
Yearly Investment - 1.50 lakh
Investment Duration - 15 year
Interest Rate - 7.60% p.a.
Total Investment - 22.50 lakh
Maturity Value 65.93 lakh
Total Interest earn 43.43 lakh
First you can open account physically with KYC documents, then you can make a deposit online. Certain banks offer online transfer facilities.