The central government announced new guidelines on sukanya samriddhi yojana. The government has given some relaxation the eligibility norms for opening of sukanya samriddhi account due to COVID-19 lockdown. Sukanya samriddhi yojana account will be opened in the name of the girl child on before 31 July 2020.
The Sukanya samriddhi accounts can only be opened up to the age of 10 years only from the date of birth. So the relaxation by the government will help guardians of girl children who could not open sukanya samriddhi accounts due to the lockdown.
The sukanya samriddhi account is generally an investment for a girl child with a beautiful future. The minimum amount that can deposit under the sukanya samriddhi yojana is Rs.250, and the maximum limit is Rs.1.5 lakh.
The account will be mature when the girl completes the age of 21 or the date of her marriage (whichever is earlier). when the girl complete 18 years of age up to 50% of the account corpus can be withdrawn