Sukanya Samriddhi Yojana: The government has issued new rules regarding Sukanya Samriddhi Yojana. These rules will come into effect from the first of the next month. These rules have been issued to correct the mistakes made while opening such accounts.
According to the guidelines issued by the Department of Economic Affairs, irregularly opened savings accounts under NSS are to be regularized. Under this, Sukanya Samriddhi Yojana accounts opened by grandparents will now be mandatory to be transferred to the name of parents.
Account transfer is required
The guidelines issued by the government state that earlier grandparents often opened SSY accounts for their granddaughters as a financial security. Now these will have to be compulsorily transferred to the name of the guardian. However, as per the guidelines of the scheme, only the legal guardians can open and close these accounts.
The documents required for closing the old account or transferring the account include the passbook of the basic account, birth certificate of the girl, certificate of relationship with the girl or any other legal document. Apart from this, a completely filled application form will be required which was filled while opening the account in the post office or bank.
You need to go to the post office or bank
You will have to go to the post office or bank with all these documents. There, ask the concerned officials to transfer the account as per the guidelines issued by the government. After this, you will get a form from there which you will have to fill. The signature of the current guardian i.e. grandparents will also be required on this form.
After this, you will have to submit all these documents to the bank or post office employee. After this, they will do the verification process. If they feel the need, they can ask for any other document from you, so take all the documents with you.
