Sukanya Samriddhi Account Account may be opened with a minimum initial deposit of two hundred and fifty rupees and thereafter any amount in multiples of  two hundred and fifty rupees may be deposited in an Account subject to the condition that a minimum of two hundred and fifty rupees shall be made as deposit in a financial year in one Account.

MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 5th July, 2018

G.S.R. 617(E).—In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend the Sukanya Samriddhi Account Rules, 2016, namely:-

1. Short title and commencement:- (1) These rules may be called the Sukanya Samriddhi Account (Amendment) Rules, 2018.

(2) They shall come into force with effect from the date of publication in the Official Gazette.

2. In the Sukanya Samriddhi Account Rules, 2016, in rule 5, in sub-rule (1), for the words “one thousand rupees” the following words “two hundred and fifty rupees” shall be substituted.

[F. No. 1/10/2016-NS]

ARVIND SHRIVASTAVA, Jt. Secy.

Note: The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i) vide G.S.R. 323(E), dated the 18th March, 2016 and subsequently amended vide the following notification numbers:

(i) G.S.R. 352(E),dated the 29th March, 2016;

(ii) G.S.R. 939(E), dated the 30th September,2016;

(iii) G.S.R. 381(E), dated the 31st March, 2017;

(iv) G.S.R. 859(E), dated the 30th June, 2017;

(v) G.S.R. 28(E), dated the 1st January, 2018;

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One response to “Sukanya Samriddhi A/c can be opened with initial deposit of Rs. 250 now”

  1. Shirish Shanbhag says:

    Very bad, that Sukanya Samrudhi Yojana’s minimum deposit is reduced to just Rs250/-.

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