Union Bank of India Sukanya Samriddhi Yojana Account Opening Form - Summary
Sukanya Samriddhi Yojana (SSY) is a special savings scheme designed for the girl child, part of the ‘Beti Bachao Beti Padhao’ initiative. This scheme has gained immense popularity because it offers significant tax benefits. You can enjoy a maximum tax deduction of ₹1.5 lakh under section 80C of the Income-tax Act. Moreover, the interest earned and the amount you receive at maturity are completely tax-free.
Key Benefits of the Sukanya Samriddhi Yojana
The Sukanya Samriddhi Yojana is not just a savings plan but a stepping stone to secure a bright future for your daughter. Here are some of the key benefits:
- High interest rates compared to regular savings accounts.
- Encouraging long-term savings that help fund your daughter’s education and marriage.
- Government-backed scheme ensuring safety and reliability.
How to Download the Account Opening Form
You can easily download the Union Bank of India Sukanya Samriddhi Yojana Account Opening Form in PDF format using the link provided below. For further details, feel free to visit the alternate link for more information.
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