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1/10
What is Sukanya Samriddhi Yojana?
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2/10
What is the minimum and maximum amount that can be invested in SSY account?
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3/10
What is the eligibility for investing under SSY scheme?
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4/10
What documents are required for opening an SSY account with Axis Bank?
Birth Certificate of the girl child, having the child’s name on it
Photograph of the parent/ legal guardian of the girl child
KYC Documents (Identity & Address Proof) of the parent/ guardian.
What is the minimum and maximum amount that can be invested in SSY account?
The minimum deposit amount is Rs 250 per financial year and the maximum amount is Rs 1,50,000 per financial year
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5/10
What happens if the account holder fails to deposit any amount in one or more Financial Years?
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6/10
Can partial withdrawal be availed in SSY account?
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7/10
Can SSY account be closed before maturity?
- In the event of death of account holder;
- If the Central Government is satisfied that continuation of the account is causing undue hardship to the account holder (such as medical emergencies or death of guardian), it may allow pre-mature closure of the account;
- If the account holder attains NRI/ PIO status any time prior to the maturity of the account
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8/10
Can Loan facility be availed in SSY account?
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9/10
When does a SSY account mature?
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10/10
How can customer transfer funds to Sukanya Samriddhi Account?
The parent/ guardian can also add the SSY account as a beneficiary on Internet banking (Other Axis Bank accounts> Transfer section) and transfer from his/her own account.
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