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Option 2 : The scheme account can be opened with a minimum of Rs. 100.
The correct answer is the scheme account can be opened with a minimum of Rs. 100.
- A Sukanya Samriddhi Account can be opened any time after the birth of a girl till she turns 10, with a minimum deposit of Rs 250 (Earlier it was Rs 1,000). Hence, the second statement is incorrect.
- In subsequent years, a minimum of Rs 250 and a maximum of Rs 1.5 lakh can be deposited during the ongoing financial year.
- The scheme encourages parents to build a fund for education and marriage for their girl child.
- Contribution to this account qualifies for tax deduction under Section 80C.
- The scheme was launched on 22 January 2015 in Panipat, Haryana.
- The scheme was launched by Prime Minister Shri Narendra Modi
- The scheme was launched as a part of the 'Beti Bachao Beti Padhao' campaign.
- The account can be opened in any post office or authorized branches of commercial banks.
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