About ---- Sukanya Samriddhi Account Yojana

🧩The scheme was launched by Prime Minister Narendra Modi on 22 January 2015 in Panipat, Haryana as a part of the Beti Bachao, Beti Padhao campaign.

 

🧩Account can be opened in the name of a girl child till she attains the age of 10 years.

 

🧩Only one account can be opened in the name of a girl child.

 

🧩Account can be opened in Post office and branches of authorised banks.

 

🧩Birth certificate of girl child in whose name the account is opened must be submitted.

 

🧩Account can be opened with a minimum of Rs. 250/- and thereafter any amount in multiple of Rs.100/- can be deposited.

 

🧩Maximum Rs. 1,50,000 can be deposited in a financial year.

 

🧩The account can be transferred anywhere in India from one post office/bank to another.

 

🧩The account allows 50% withdrawal at the age of 18 for higher education purposes.

 

🧩The account reaches maturity after time period of 21 years from date of opening it.

💈Pradhan Mantri Vaya Vandana Yojana (PMVVY)💈

🧩PMVVY is a Pension Scheme announced by The GOI exclusively for the senior citizens aged 60 years and above.

 

🪴Eligibility Conditions and Other Restrictions🪴 

🍃Minimum Entry Age: 60 years (completed) 

🍃Maximum Entry Age: No limit 

🍃Policy Term : 10 years 

🍃Investment limit : Rs 15 lakh per senior citizen

 

🧩 Loan facility is available after completion of 3 policy years. 

🧩The maximum loan that can be granted shall be 75% of the Purchase Price.

 

🧩LIC of India has been given the sole privilege to operate this Scheme.

🏹Lakshya🇮🇳Charitable📚Society🩺