1 Year Age relaxation for Selvamagal Semipu scheme

Recently the age of eligibility has been changed for Sukanya Samriddhi/Selvamagal Semipu deposit scheme. Department of post has decided to increase the age of relaxation from 10 years to 11 years.

By default Govt of India has declared the same for the first year of launch, i.e. 2015. This offer will expire by 2nd December 2015. This news has been published in The Hindu newspaper and form there only I have taken this information.

The scheme launched exclusively for girl children allows parents or guardians to deposit up to Rs. 1.5 lakh a year in this scheme, which provides an interest rate of 9.1 per cent.

With a view to enable residents to open accounts, Chennai city north postal division will organise special camps at various locations in areas such as Tondiarpet, Ayanavaram, Perambur, Pulianthope, Vepery, Koyambedu, Anna Nagar and Washermenpet. For details, contact 9445402822.

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