denabank.com Sukanya Samriddhi Account Opening Form : Dena Bank

Organisation : Dena Bank
Facility : Sukanya Samriddhi Account Opening Form

Registration Form here : https://www.statusin.in/uploads/21370-ssa-Account-Form.pdf
Website : http://www.denabank.com/viewsection.jsp?lang=0&id=0,9,576

Sukanya Samriddhi Account

Sukanya Samriddhi Yojana is a small savings special deposit scheme for the girl child. The scheme was launched by Honorable Prime Minister on 22 January 2015 as a part of the Prime Minister’s “Beti Bachao Beti Padhao” initiative.

Related : Dena Bank Registration for Verified by VISA : www.statusin.in/5702.html

The scheme of Sukanya Samriddhi Account came into effect via Extraordinary Gazette notification No. G.S.R.863 (E) Dated 02.12.2014, issued by the Department of Economic Affairs, Ministry of Finance. Vide notification, the Commercial Bank are authorized by the Central Government to open accounts under the scheme.

Opening of Account :
(1) The account may be opened by the natural or legal guardian in the name of a girl child from the birth of the girl child till she attains the age of ten years and any girl child, who had attained the age of ten years, one year prior to the commencement of these rules shall also be eligible for opening of the account under these rules.

(2) A depositor may open and operate only one account in the name of a girl child under these rules.

(3) Birth certificate of a girl child in whose name the account is opened shall be submitted by the guardian at the time of opening of the account in the bank along with other documents relating to identity and residence proof of the depositor.

(4) Natural or legal guardian of a girl child shall be allowed to open the account for two girl children only:
Provided that the natural or legal guardian of the girl child shall be allowed to open third account in the event of birth of twin girls as second birth or if the first birth itself results into three girl children, on production of a certificate to this effect from the competent medical authorities where the birth of such twin or triple girl children takes place.

Deposits :
(1) The account may be opened with an initial deposit of one thousand rupees and thereafter any amount in multiple of one hundred rupees may be deposited subject to the condition that a minimum of one thousand rupees shall be deposited in a financial year but 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.

(2) Deposits in an account may be made till completion of fourteen years from the date of opening of the account.

(3) An irregular account where minimum amount as specified in sub-rule (1) has not been deposited may be regularized on payment of a penalty of fifty rupees per year along with the said minimum specified subscription for the year (s) of default any time till the account completes fourteen years.

Mode of Deposit :
(1) The deposit in the account opened under these rules may be made –
a) In cash; or
b) by Cheque or demand draft drawn in favor of the Branch Manager of the concerned bank where the account stands and an endorsement on the back of such instrument shall be made and signed by the depositor indicating name of the account holder and account number in which the deposit is to be credited.

(2) Where deposit is made by Cheque or demand draft, the date of encashment of the Cheque or demand draft shall be the date of credit to the account.

4. Interest on deposit :
(1) Interest at the rate, to be notified by the Government, compounded yearly shall be credited to the account till the account completes fourteen years.

(2) In case of account holder opting for monthly interest, the same shall be calculated on the balance in the account on completed thousands, in the balance which shall be paid to the account holder and the remaining amount in fraction of thousand will continue to earn interest at the prevailing rate.

5. Operation of account :
(1) The account shall be opened and operated by the natural or legal guardian of a girl child till the girl child in whose name the account has been opened attains the age of ten years.

(2) On attaining age of ten years, the account holder that is the girl child may herself operate the account. However, deposit in the account may be made by the guardian or any other person or authority.