This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at skukreja@investitude.co.in
It has been over a month now since the government launched the “Sukanya Samriddhi Yojana” on January 22nd. But, no authorised public sector bank has the details or the application form of this scheme till date to help investors open an account. Even the post offices are not providing the application form or the details of the scheme easily.
On behalf of the general public, I would like to ask the government why do we announce such schemes when we do not have the basic infrastructure to help those for whom these schemes are being launched? I know I’ll not get any reply, but I really want to know when will our governments or public sector offices start working in an efficient manner?
Why don’t we privatise our post offices, banks or such other public sector organisations which have been operating highly inefficiently for years and years now? If we cannot privatise these organisations due to political compulsions, why don’t we make them improve their efficiency levels?
Yesterday I posted various salient features of this scheme and today I received a few emails asking for the list of banks where this account can be opened. I also got queries asking for the application form to open an account. Here is the extract of one such mail.
Hello Mr. Kukreja,
I just read your article and your views over Pradhanmantri Sukanya Samriddhi Yojana. It was fabulous to read. Very clear and understanding information.
Actually i need a help or say favour from you. Am trying to get the Account Opening Form of above said scheme, but i didnt find any. Could you pls mail me the form of the same, so that without wasting any time i can proceed with the investment.
If you say that, collect from the post at nearby my residence, well sir i have inquired but they have none.
So its a kind request to you.
Overall thanks once again for your information and guidance.
Application Form for opening a Sukanya Samriddhi Account in a Post Office
To open an account under this scheme, the application form is still not available on the website of India Post. However, you can use this application form for getting your account opened with any of the post offices. I have downloaded this form from the website of India Post itself. Though this application form is still not updated, with ‘SSA’ missing on the top of this form, I have been told that the post offices will not refuse to accept this form.
However, here is one more link to the application form with which you can download the updated application form.
You can also print the application form from this circular of the Department of Posts, Ministry of Communications & IT, dated January 21, 2015. This circular also has the Notification No. G.S.R. 863(E) dated December 2, 2014, having all the rules & regulations of Sukanya Samriddhi Yojana. This circular has the application form on the 9th page.
List of Banks which have been authorised to open Sukanya Samriddhi Account
Here is the list of scheduled commercial banks which have been authorised to open accounts under Sukanya Samriddhi Yojana:
* State Bank of India (SBI)
* Bank of Baroda (BoB)
* Punjab National Bank (PNB) – Website Link – Contact No. – 011-25744370
* Bank of India (BoI)
* Canara Bank
* UCO Bank
* United Bank of India
* Andhra Bank
* Allahabad Bank
* Indian Bank
* Corporation Bank
* Central Bank of India
* IDBI Bank
* Dena Bank
Once these banks upload the application form on their respective websites, I’ll share the links to their forms in front of their names.
I am sure many of you must be facing difficulties in getting the required information about this scheme and also you would be in a hurry to open this account before the financial year ends. I would advise you to approach post offices as of now because some of the banks will take their own sweet time to get their branch personnel updated. I am sure you will get the option to migrate to the bank of your choice at a later date.
If you get any useful info/link regarding this scheme or have any of your good/bad experiences or any query, please share it all here.
Sir
Her sal amount kam jyada jaise ki kbi 50k ya kbi 70k jama krr sakte h or sal k andr kbi bhi plz reply.
Ji haan Nadeemji, deposit amount kitna bhi jama kar sakte hain, minimum Rs. 1,000 & maximum Rs. 1.5 lakh.
Hi
Can we deposit each 1.5 lacs per annum for both my daughters so intotal 3 lacs per annum for both the childs. Or is it 1.5 lacs per family?
Pavan
Hi Pavan,
As per the wordings of the Circular – “the total money deposited in an account on a single occasion or on multiple occasions shall not exceed one lakh fifty thousand rupees in a financial year”. So, I think one can contribute a total of Rs. 3 lakh in two accounts.
Sir . Mujhe 1000/=pr month jama karna hai. Jab hum A/c khulwane jate hai to hum ko kitna rupya jama karna hoga .Pleese ans me DHANYWAD.
Rs. 1,000 se account khul jaayega.
Meri do beetian hai kya mai dono ka account open kr sakti hun dono ka 1.5lac,1.5lac deke
Aap do account khol sakte ho 1.5 lakh deposit kar ke in each account.
Sir jab hum a/c kulwane jate hai to humko konsi id proof chahiye hoge. Aur belence month ke hisaab se jama karna hoga ya year ke . Pleese ans me. Dhanywaad.
Id proof mein aap Passport, Aadhaar Card, PAN card etc. use kar sakte ho. Aapko saalo mein minimum ek deposit karna zaroori hai.
Dear Sir,
Plz. tell me sukanya dev yojna and Sukanya Samriddhi Yojana because i want to know best plan , i have a girl child age 3 years 8months so plz. sir give me response as soon as possible.
thanking you………..
Regards
Lokendra singh Rajput
Dholpur(Raj.)-328001
+91-9929040567 , 7891456456
Please check this post, it has all the details you require – http://www.onemint.com/2015/03/03/sukanya-samriddhi-yojana-tax-free-small-savings-scheme-for-a-girl-child/
Sir ji daughter date OB 12_11_2005 h m 72000 yearly jma krata hu to kitne milenge plz ans
Please check this post for maturity value – http://www.onemint.com/2015/03/09/sukanya-samriddhi-yojana-calculating-maturity-value-after-21-years/
Sir ji m pnb me account khulwana chahta hu kya bhattu kalan dist FATEHABAD haryana m khate khulne suru ho chuke h
Rajpalji, ye information hamaare paas nahin hai.
Sir meri ladki 6/10/10 ki hai kya mai abhi ye sckeem me seving kar sakata hu?
…maine suna hai ki ye sckim closed ho gai hai kya ye sach hai?
Please Reply me ASAP…….
Yes, aap apni beti ka account khulwa sakte hain. Ye scheme abhi close nahin hui aur close hogi bhi nahin.
Si
Dear Mr. Shiv,
I want to invest in my daughters name, who is 8 years of age, in this new scheme of Sukanya Samridhi Account. How can I show this investment in my HUF file?
You need to consult your CA for that.
sir if I deposit 12000/- yearly an my child born 12 dec 2011 what and when amount we got for my child
REPLY
You need to invest for 14 years, you’ll get maturity amount after 21 years depending on the rate of interest & time of deposit.
Sir,
My daughter ‘s date of birth is 18-10-2006. Can I get the benefit of the good opportunities for sukanya samariddhi yojana?If l want to deposit Rs.500 per month, then what amount will get after 21 age?
Yes, your daughter is eligible for this scheme. Please check this post for the maturity amount – http://www.onemint.com/2015/03/09/sukanya-samriddhi-yojana-calculating-maturity-value-after-21-years/
Sir,
I am aged of 74 years pensioner. I want to invest in the scheme on my son’s daughter as my son is not earning member. If i am expired within the period (14 years ) whether the amount as on the date will be paid to the child or not, then so what ?
phone : 9949529784
Sir,
You can make a request to prematurely close the account and withdraw the amount under special circumstances like death of the guardian/parents etc.
Sir, muje yeh janna hai ke ham annually 10000 deposit kre to hme 21sal bad kitna milega.aur kya hme phle aur be paise deposit krane padehngae
Please check this post – http://www.onemint.com/2015/03/09/sukanya-samriddhi-yojana-calculating-maturity-value-after-21-years/
Minimum Rs. 1,000 aur maximum Rs. 1.5 lakh deposit karaane honge.
Sir,my daughter 14 years old .pls suggest a plan for future.
Sorry, we don’t provide financial advice in this manner.
Sir muje ye jaana hai ki hamare yaha post office me likha hai ki 1000 x14yearsaap saving karo ge toaap ko6.07128rsmuje 21years ko milega kya sahi me aisa hoyega
Anilji, aapka question clear nahin hai.
Sir yeh account kab start ho rha hai
Post offices mein ye account khul rahe hain.
kya hum is account ko bank me bhi khulva sakte hai jo bank aapne listed kiye hai
Abhi banks ne ye account kholne shuru nahin kiye hain.
Sukanya Samridhi Yojna ka rate of interest kya hai aur ye RD ki terah hi calculte hoga
fayda kisme hai monthle jama karne me ya annually jama karne me eject kitne paise dene honge aur kitne milenge jaise 1000 aur 2500 per month ya 12000 aur 30000 Rs annually jama karne pata kitne paise milenge
Rate of interest 9.1% hai. Annual deposit mein zyaada faayeda hai. Please check this post for maturity values – http://www.onemint.com/2015/03/09/sukanya-samriddhi-yojana-calculating-maturity-value-after-21-years/