🚂 Current Fix Deposit Rates 🌞 SBI - General Citizen 3% to 7.10% Senior Citizen - 3.60% to 7.60% 🌞 HDFC - General - 3.00% to 7.25% Senior Citizen - 3.50% to 7.75% 🌞 ICICI - General - 3% to 7.10% Senior Citizen - 3.50% to 7.60% 🌞 PNB - General - 3.50% to 7.25% Senior Citizen - 4% to 7.75% 🌞 Kotak Mahindra - General - 2.75% to 7.20% Senior Citizen - 3.25% to 7.70% 🌞 Axis - General - 3.50% to 7.10% Senior Citizen - 3.50% to 7.85% 🌞 Bank of Baroda - General - 3% to 7.25% Senior Citizen - 3.50% to 7.55% 🚂 Current Recurring Deposit Rates 🌞 SBI - General 4.40% to 5.50% Senior Citizen 4.90% to 6.20% 🌞 ICICI - General 3.50% to 5.50% Senior Citizen 4% to 6.30% 🌞 HDFC - General 4.40% to 5.50% Senior Citizen 4.90% to 6.25% 🌞 KOTAK - General 4.30% to 5.20% Senior Citizen 4.80% to 5.70% 🌞 AXIS - General 4.40% to 5.75% Senior Citizen 4.65% to 6.50% 🌞 IDBI - General 7% to 7.15% Senior Citizen 7.50% to 7.65% ☁️ National Pension Scheme - 9% to 12% pa ☁️ Employees Provident Fund - 8.15% pa ☁️ Public Provident Fund - 7.1% pa Balika Samriddhi Yojana

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Balika Samriddhi Yojana

 

What is Balika Samriddhi Yojana? 

Balika Samriddhi Yojana is a welfare scheme launched by the Government of India aimed at empowering the girl child. The scheme was introduced in 1997 as part of the National Girl Child Day observance and is administered by the Ministry of Women and Child Development.  The primary objective of the scheme is to address the issue of gender disparity and encourage the birth and education of girl children.  The main objectives of the Balika Samriddhi Yojana are, To change negative family and community attitudes towards the girl child. To ensure survival, protection, and education of the girl child.  The main objective of the scheme is to ensure survival, protection and education of the girl child.

Under this scheme, financial assistance in the form of a post office or bank savings account is provided to families with a girl child born after August 15, 1997, along with some other eligibility criteria. The funds deposited in the account are to be used for the education and welfare of the girl child, and the account matures when the girl turns 18. At that point, she can withdraw the money to use for her higher education or other needs.

The scheme also includes other benefits such as insurance coverage for the girl child. Over the years, various amendments and enhancements have been made to the scheme to improve its effectiveness in promoting the welfare and empowerment of girl children in India.

The Balika Samriddhi Yojana scheme is typically administered through government offices or agencies at the state or district level in India. While the specific application process may vary slightly depending on the state or district, here are general steps you can follow to apply for the scheme:

Eligibility: Eligibility criteria usually include factors such as the date of birth of the girl child, family income should be under Rs. 2 Lakh per annum, the scheme is limited for 2 girl child in the each family.

Required Documents: The following documents are necessary for applying to the The Balika Samriddhi Yojana.

·      Birth certificate of the girl child

·      Identity proof and residence proof of the parents or guardians

·      Income certificate of the family

·      Bank account details where the savings account will be opened

·      Any other documents as specified by the concerned authorities

Application: Visit nearest government office or Women and Child Development Department office, District Collector's office and ask for the Balika Samriddhi Yojana application form. Fill the form carefully and sumit along with all the necessary documents.

Follow-up: After submitting the application, you may need to follow up with the authorities to track the status of your application and ensure that it is being processed.

Account Opening: Once your application is approved, need to open a savings account in the name of the girl child in a designated bank or post office. The financial assistance provided by the scheme will be deposited into this account.

It's important to note that the application process and specific requirements may vary from one state or district to another. Therefore, it's advisable to contact the relevant government office or agency in your area for detailed information and guidance on how to apply for the Balika Samriddhi Yojana.