| May 15th, 2018 02:48 PM | |
| Unregistered | Re: Union Bank of India Child Plan Do you have any other plans for children? AGE less than 2 years |
| March 29th, 2017 01:58 PM | |
| Garima Chauhan | Re: Union Bank of India Child Plan The Union Bank of India offers Sukanya Samridhhi Scheme for Girl Child. I am giving details about Sukanya Samridhhi Scheme for your reference: Who can open the account: A natural/ legal guardian on behalf of a girl child Age Limit Till a girl attains an age of 10, Maximum number of accounts: Upto two girl children or three in case of twin girls as second birth or the first birth itself results in three girl children Minimum and Maximum Amount of Deposit: Min. Rs.1,000/- of initial deposit with multiple of one hundred rupees thereafter with annual ceiling of Rs.1,50,000/- in a financial year Tenure of the Deposit: 21 years from the date of opening of the account Maximum period upto which deposits can be made: 15 years from the date of opening of the account Tax Rebate: As applicable under section 80C of the IT Act, 1961 Irregular Payment/ Revival of account: By payment of penalty of Rs.50 per year alongwith the minimum specified amount per year Withdrawal 50% of the balance lying in the account as at the end of previous financial year for the purpose of higher education, marriage after attaining the age of 18 years Rate of Interest: Type of Account Rate of Interest w.e.f 01.01.2017 (p.a.) 5 Year Senior Citizens Savings Scheme (SCSS2004) 8.5% Public Provident Fund Scheme, 1968 (PPF) 8.0% Kisan Vikas Patra 7.7% Sukanya Samridhhi Scheme 8.5% |
| March 29th, 2017 01:33 PM | |
| Unregistered | Union Bank of India Child Plan My uncle wants to know about child plans of Union Bank of India. He said me to search about latest child plan of this Bank, so is there anybody who will give complete information related to Child Plan of Union Bank of India? |
