SSA Schemes
(i)(b). In case of death of minor / person of unsound mind account holder, the payment shall be made as follows. Sl No. Scheme If there is no nomination in force If the nomination is in force 1 SSA Amount shall be paid to the Guardian after obtaining death certificate of Minor and Account…
Ruling for Change the Name of Guardian of SSA Account – Clarification on SB Order No 03/2016
(1) In the event of death of the account holder, the account shall be closed immediately on application in Form-2, on production of death certificate issued by the competent authority and the balance at the credit of the account and interest due thereon till the date of death shall be paid to the guardian. (2)…
G.S.R. 914(E).—In exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme, namely:- 1. Short title and commencement.-(1) This Scheme may be called the Sukanya Samriddhi Account Scheme, 2019. (2) It shall come into force on the date of…
(a) Who can open SSA account:- -> By the guardian in the name of girl child below the age of 10 years. -> Only one account can be opened in India either in Post Office or in any bank in the name of a girl child. -> This account can be opened for maximum of…
