Cut off point in the Current SSY Agreement in a few clicks

Aug 6th, 2022
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The challenge to manage Current SSY Agreement can consume your time and effort and overwhelm you. But no more - DocHub is here to take the effort out of modifying and completing your documents. You can forget about spending hours adjusting, signing, and organizing paperwork and worrying about data safety. Our solution provides industry-leading data protection procedures, so you don’t have to think twice about trusting us with your sensitive information.

Here is steps on how to cut off point in Current SSY Agreement on the web:

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  3. Use the top toolbar to cut off point in Current SSY Agreement.
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How to cut off point in the Current SSY Agreement

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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Submit SSY transfer request If you want to transfer your SSY account from one bank to another or from the post office to a bank, youll first have to submit an SSY transfer request. You can visit the nearest post office or bank where you have the SSY account for submitting this request.
Withdrawal on Maturity On the completion of 21 years of your Sukanya Samriddhi account, you can withdraw the balance along with interest. The accumulated balance including the accrued interest will be paid to the beneficiary when the account matures. You will not have to pay any taxes on the withdrawal.
Minimum deposit ₹ 250/- Maximum deposit ₹ 1.5 Lakh in a financial year. Account can be opened in the name of a girl child till she attains the age of 10 years. Only one account can be opened in the name of a girl child. Account can be opened in Post offices and in authorised banks.
The account shall mature on completion of a period of 21 years from the date of opening of account. Deposit qualifies for deduction under Sec.80-C of I.T.Act. Interest earned in the account is free from Income Tax under Section -10 of I.T.Act.
The account allows partial withdrawal. The Sukanya Samriddhi account holder can withdraw up to 50% of the total savings for fulfilling the purpose of marriage or higher education of his/her girl child. The Sukanya Samriddhi account allows partial withdrawal only after the girl docHubes the age of 18.
There is an annual cap of Rs 1.5 lakh on the investment. A parent can open an account for a maximum of two daughters, but the combined investment in the two accounts cannot exceed Rs 1.5 lakh in a year.
The minimum deposit amount for an SSY account is Rs.250 (this amount was previously Rs.1,000), thereafter in multiples of Rs.50, and the maximum is Rs.1,50,000 in every financial year, up to 15 years. Deposits can be made through cash, cheque, demand draft or online transfer.
Online Step 1: Apply for login credentials. Step 2: Log in with the credentials. Step 3: After login, the homepage for Sukanya Samriddhi Yojana will appear. Step 4: Note that through this portal, you can only view your Sukanya Samriddhi Yojana account balance.

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