How to apply online Selvamagal Semippu Thittam Scheme 2024 Interest Rate, Calculator

What is Selvamagal Semippu Thittam Scheme 2024

The State Government of Tamilnadu has recently introduced the Selvamagal scheme posts office. Now many state people want to know more about this scheme which was introduced by the Tamilnadu Government. The full name of this welfare scheme is Selvamagal Semippu Thittam Scheme launched for the future welfare of girl children. This scheme is the Tamil version of the Kanya Samriddhi Yojana (SSY). For every girl child below 10 years of age then their Guardian parents can deposit 500 to 1.50 lakh per year. And they can withdraw 50% of the deposit money amount if the female child reaches 18 years of age for higher education or marriage.

What is Sukanya 1000 Per Month?

Sukanya Samriddhi Yojana focuses on child education and their marriage. Every girl child below 10 years of age can open a Sukanya Samriddhi account and deposit money from 500 rupees to 1.50 lakh per year. There is no Pacific scheme to deposit Rs 1000 per month or named as Sukanya Samriddhi yojana. Parson Vriddhi Yojana candidates can deposit a minimum of 250 rupees.

How to apply online Selvamagal Semippu Thittam Scheme 2024 Interest Rate, Calculator

selvamagal scheme starting age limit

The age limit for this scheme is girl children must be below 10 years of age. And limit to deposit 500 rupees to 150000 per year. Once the girl child reaches 18 years of age then they can withdraw 50% of the deposit amount for higher education or marriage purposes.

We all know that the Tamil Nadu state government has introduced many welfare schemes. These government schemes are meant to provide all the benefits to the state’s people. In this article, you will get all the information about the Selvamagal scheme in the post office, interest rate, eligibility criteria application mode, documents required, and other information.

Overview:

Scheme name selvamagal scheme
Full Name Selvamagal Semippu Thittam Scheme
State Tamilnadu
Type of scheme for girl child (similar to Smridhi sukanya Samriddhi Yojana)
Mode of application Online
Official website 

Suggested Read: KSRTC Concession for Students Apply Online 2024 Status Check

Five features of Selvamagal Semippu Thittam Scheme

There are some important benefits of this scheme you must know about:

  • Parents and guardians of a girl child can open this account at the nearest bank or post office.
  • One household can enroll for the scheme for a maximum of two girl children.
  • Every girl child must be below 10 years of age.
  • The limit of deposit under this scheme is 500 rupees to 1.50 lakh per year.
  • Under this, you will get an attractive interest rate of approximately 9.1% (clear details you can check with the official website or bank or post office).
  • This plan is offered under tax benefit section 80c.
  • You can withdraw 50% of the deposit amount if a female child reaches the age of 18 years.
  • The scheme’s majority term is 21 years after opening the account or event of marriage or education purposes.
  • The deposit can be made at any time during the year.

Required documents:

Some documents are required as listed below:

  • Aadhar card of application
  • Identity proof
  • Childbirth certificate

How to apply online Selvamagal Semippu Thittam Scheme in Post office

  • You can open an account at a bank or post office.
  • You just need to visit the post office or Bank branch.
  • Then ask the customer service officer to open Selvamagal Semippu Thittam Scheme.
  • Provide all the necessary documents.
  • Fill up all details.
  • Submit the application form.
  • Now you need to deposit an amount starting from 500 rupees to 1.50 lakh.

That’s it, now you can deposit the amount yearly basis.

Important Links:

Official websiteClick Here
HomepageLucknowmahotsav.in

FAQs

What is the Selvamagal scheme starting age limit?

The birth of a girl child until she is 10 years old.

What is Selvamagal Semippu Thittam Scheme?

This is a girl child Saving Scheme in Tamilnadu State.

Who can avail of the benefits of the Selvamagal post office scheme?

All Eligible candidates or parents of a girl child below the age of 10 years can open this account.

Where to get the benefits of the Selvamagal scheme?

You can submit your application form to the bank or post office.

What is Selva Magal Thittam post office interest rate?

Selva Magal Thittam post office interest rate is similar with interest rate for the Sukanya Samriddhi Yojana (SSY) is 8.2% per annum.

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