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Abhimanyu Singh Dabi | Finance
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⬇️A
girl
child
can
only
have
one
SSY
account.
SSY
accounts
can
be
opened
at
any
post
office
or
authorised
commercial
bank
branch.
It
can
be
opened
at
any
moment
between
the
birth
of
the
girl
child
and
the
age
of
10
years.
⏩The
guardian
can
deposit
the
amount
and
operate
the
account
till
the
girl
child
attains
the
age
of
18.
The
SSY
account
shall
be
mandatorily
operated
by
the
girl
child
after
she
attains
the
age
of
18
years.
⏩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.
⏩Enjoy
full
tax
deduction
on
principal
invested
up
to
₹1.5
lakh
per
year
under
Section
80C
of
the
Income
Tax
Act.
Both
interest
and
maturity
amount
are
tax-free.
⏩You
can
withdraw
50%
of
the
account
balance
as
of
the
previous
financial
year’s
end
to
meet
the
educational
expenses
of
your
girl
child.
This
can
be
availed
by
submitting
proof
of
admission.
⏩Save
this
reel
for
later
✔️
&
Follow
@financemanyu
for
more
(
Sukanya
samridhi
yojana,
government
scheme,
SSY,
Girl
child,
investment
for
child,
tax
saving,
post
office,
section
80C
)
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#girlchild
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#HipiFinance
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