Selvamagal Semippu Thittam – Empowering the Girl Child with a Bright Financial Future

🌸 Selvamagal Semippu Thittam – Empowering the Girl Child 🌸

In a society where empowering the girl child is essential for balanced progress, the Selvamagal Semippu Thittam (Sukanya Samriddhi Yojana) shines as a transformative savings scheme. Launched under the Beti Bachao, Beti Padhao initiative, this scheme helps support education and future marriage expenses of girl children in Tamil Nadu and across India.

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🌼 What is Selvamagal Semippu Thittam?

Selvamagal Semippu Thittam is a small deposit savings scheme exclusively for girl children. It offers high interest rates, tax benefits, and long-term financial security for parents or guardians.

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🎯 Key Features of Selvamagal Semippu Thittam

✅ Eligibility

• Girl child must be below 10 years of age
• Account can be opened by parents or legal guardians
• Only one account per girl child
• Maximum two accounts per family for two girls

✅ Deposit Rules

• Minimum: ₹250 per year
• Maximum: ₹1.5 lakhs per year
• Deposit duration: Up to 15 years

✅ Interest Rate

Currently offering around 8% interest (compounded yearly), revised quarterly by the Government.

✅ Withdrawal & Maturity

• Maturity: After 21 years from account opening
• Partial withdrawal: Allowed after girl reaches 18 years, up to 50% for education/marriage

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💎 Benefits of Selvamagal Semippu Thittam

🔒 Government-Backed Safety

Backed by the Government of India – Safe, Secure & Trustworthy

📈 Higher Returns

Offers better interest than regular savings or fixed deposit accounts

💰 Tax Benefits

• Eligible under Section 80C (Income Tax Act)
• Interest earned and maturity amount are completely tax-free

🎓 Educational & Marriage Support

Funds can be used for girl child’s higher education or marriage expenses

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📍 How to Open an Account?

Documents Required:

• Girl child's birth certificate
• Parent/Guardian's Aadhaar/PAN
• Address proof
• Passport-size photographs

Where to Open:

• All India Post Offices
• Public Sector Banks (like SBI, Indian Bank)
• Selected Private Banks approved by RBI

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🧮 Sample Calculation

If you invest ₹1,000 per month for 15 years, your investment can grow to around ₹6–7 lakhs by maturity depending on the interest rate.

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📝 Key Guidelines

• Account can be transferred across India
• Minimum deposit every year is compulsory to keep account active
• Interest rate may change every quarter

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🧡 Why Every Parent Should Invest

This scheme is more than just a financial plan. It is a way to empower your daughter’s future and ensure she achieves her dreams — whether it’s education, career, or marriage.

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🔚 Final Thoughts

Selvamagal Semippu Thittam is a smart and secure step for your daughter's future. Start early, invest wisely, and give her the wings to fly. 💫

🌟 Start Today. Secure Her Tomorrow. 🌟

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