Is Aadhaar Of The Girl Child Mandatory For Opening Sukanya Samriddhi Account?

Sukanya Samriddhi Account can be opened in the name of a girl child till she attains the age of 10 years. Account can be opened in Post offices and notified branches of commercial banks. The rate of interest on Sukanya Samriddhi Account is 8.2% Per Annum, calculated on yearly basis, and Yearly compounded. 

Account can be opened with a minimum of Rs 250 and Maximum Rs 1,50,000 in a financial year. Subsequent deposit in multiple of Rs 50. Deposits can be made in lump-sum No limit on number of deposits either in a month or in a Financial year. 

Yes, SS Account can be opened with Aadhaar as primary identity. If Aadhaar number has not been assigned to the Guardian, proof of Aadhaar enrolment number can be provided to open the account. But customer has to submit Aadhaar within six months from account opening date for linking. If Aadhaar has not submitted within six months from account opening date, account shall cease to be operational till the time he submits the Aadhaar.

No, Aadhaar of girl child is not required or mandatory for opening of Sukanya Samriddhi Account.

 

-- SSY Account opening form

-- Birth certificate of the girl child

-- Address proof of the guardian or parents of the girl child

-- ID proof of the guardian or parents of the girl child

The Sukanya Samriddhi Account may be opened by one of the Parents or legally bestowed Guardians in the name of a girl child, who has not attained the age of ten years as on the date of opening of the account. Every account holder shall have a single account under this Scheme.

The Sukanya Samriddhi Account gives major tax benefits to the subscribers. Investments made in Sukanya Samriddhi Account are eligible for tax deductions under Section 80C of the IT act. Deduction of up to a limit of Rs 1.5 lakh is allowed annually on Sukanya Samriddhi Account. The interest that accrues against this account which gets compounded annually is also exempt from tax under Section 10 of the Income Tax Act. The proceeds received upon maturity/withdrawal are also exempt from income tax.