The Sukanya Samriddhi Yojana scheme has several beneficial features. Listed below are some of the few salient features of the scheme,
The girl’s parent or guardian manages the SSY account until the girl ten years old.
Once the child turns 18, she can operate her account.
The contribution made towards the scheme ranges between INR 250 to INR 1.5 lakh in a financial year. The contribution can be made in multiples of INR 100.
The deposition tenure of the SSY scheme is 15 years and the maturity period is 21 years.
The Sukanya Samriddhi Yojana account can be transferred from the post office to a bank and vice versa, anywhere within India.
In order to shift the account, the subscriber is required to submit the address of residential change.
Depositions made to the account can be made in the form of online transfer, demand draft, cash or cheque.