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Want to invest in Sukanya Samriddhi Yojana?
Text: Centre for Investment Education and Learning (CIEL)
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Sukanya Samriddhi Yojana eligibility: Who can invest in SSY?
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Documents needed for Sukanya Samriddhi Yojana
1) The SSY account opening form.
2) The beneficiary’s (daughter’s) birth certificate.
3) Address proof of the guardian or parents.
4) ID proof of the guardian or parents.
5) Submission of form: Once the SSY account opening form is filled, along with required documents and photographs, it can be submitted with an initial contribution amount that can range from Rs.250 to Rs.1.5 lakh.
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SSY tenure
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Sukanya Samriddhi Yojana: Points to note
2) Failure to make annual deposits can result in the account being classified as account under default.
3) Reactivation is possible by paying a fine of Rs.50 for each year that the deposit was not made, up to 15 years from the opening of the account.
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