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AP, Telangana jointly rank fourth
The Andhra Pradesh Postal Circle, which includes both Telugu speaking states of Andhra Pradesh and Telangana State, jointly ranks fourth in the country for opening the highest number of Sukanya Samriddhi (SS) accounts. As per the last quarterly statement of November 2015, the National Savings Institute (NSI) recorded a total of 76,31,574 SS accounts were opened across the country and deposits made
Hyderabad: The Andhra Pradesh Postal Circle, which includes both Telugu speaking states of Andhra Pradesh and Telangana State, jointly ranks fourth in the country for opening the highest number of Sukanya Samriddhi (SS) accounts. As per the last quarterly statement of November 2015, the National Savings Institute (NSI) recorded a total of 76,31,574 SS accounts were opened across the country and deposits made in these accounts was Rs. 2,862.06 cr.
According to the state-wise data on the number of accounts opened, the Andhra Pradesh Postal Circle opened 6,79,766 SS accounts with a deposit of Rs. 220.45 cr. Since the bifurcation of AP and TS postal circles has not yet been done, the NSI has considered the existing one as a single postal circle for both states.
Tamil Nadu currently ranks first, where 11.35 lakh SS accounts were opened with a deposit of Rs. 407.07 cr., followed by Karnataka with 8,80,212 SS accounts and a deposit of Rs. 466.49 cr. Uttar Pradesh ranks third having 8,77,008 SS accounts and deposit of Rs. 211.09 cr.
Launched on January 22, 2015 by the Prime Minister Narendra Modi as a part of the ‘Beti Bachao Beti Padhao’ campaign, the SS account can be opened for a girl child from her time of birth till she attains 10 years with a minimum deposit of Rs. 1,000 only, which would enjoy an interest rate of 9.1 per cent and other benefits exempted from income tax. One can deposit Rs. 1.5 lakh in each financial year.
A senior official from the AP postal office in Dak Sadan on condition of anonymity said that instructions have been given to all post officers to counsel eligible visitors coming to post offices and inform them about the scheme. “Lots of works have been done in past few months to increase awareness among public about this scheme,” he added.
The scheme was launched with the intention to provide enough support to the parents of girl child for their daughter’s marriage or for educational purposes. Parents can apply for the scheme in any post office and in all commercial banks across the country.
So far, the State Bank of India topped in opening SS accounts at the bank level compared to other banks. SBI has opened 1,50,289 accounts followed by the Punjab National Bank and Bank of India.
