Sukanya Samriddhi A/C

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Can I invest lump sum amount in sukanya samriddhi account every month?

Q & A ForumCategory: BankCan I invest lump sum amount in sukanya samriddhi account every month?
Sunny Rajta asked 8 months ago

I want to know that can I deposit cash in ssy a/c on every month…suppose that max limit is 1.50 lack in ssy a/c .at that time I have not enough money then can I deposit 12500/ on every month to reach maximum limit..iam saying that because yesterday I went to pnb bank I also open ssy a/ c bank employee said that I can deposit money in ssy on every month’s..plz clear my doubt

Can I invest lump sum amount in sukanya samriddhi account every month?
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1 Answers
Santanu Staff answered 5 months ago

Yes, you can deposit any amount either every month or once as lump sum, but within the maximum investment limit of Rs 1.5 lakh per year.

Now as per your question, it is good to invest on monthly basis. But make sure about the maximum investment limit of Sukanya Samriddhi Account.

Answer for Can I invest lump sum amount in sukanya samriddhi account every month?
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