What is Sukanya Samriddhi Account?Category: Post OfficeWhat if father of SSA account holder expires?
Harish asked 10 months ago

Hi Santanu,

I have a query regarding the Sukanya account on occasion of unfortunate death. Does this account have any death insurance if the account holders father die before 14 years? In that case what will happen to this account?

Can someone take the role of depositor and make further deposits or need to break the account? In case the money is not withdrawn then will it get interest rate till maturity?

Besides that, is this plan enough or one have to buy an insurance also?