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7th January 2017, 02:53 PM
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Join Date: Mar 2013
Re: Central Bank Of India Sukanya Samriddhi Account

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India.

As you asking here I am telling features of Central bank of india sukanya samriddhi account:

Innovative Scheme for GIRL CHILD (Beneficiary) of age “0” to “10” to be opened by Guardian

Every beneficiary can have Single Account

Birth Certificate of beneficiary, identity & residence proof of guardian required

Take care of Higher Education & marriage Expenses of Girl

Higher Rate of Interest @8.6% compounded yearly. (Changeable as per Notification from GOI)

Minimum Contribution Rs.1000/- & maximum 1.50 lakh per anum

Contribution up to 1.50 lakh qualifiers for Income Tax Deduction under Section 80C, IT Act

Maturity Amount including interest- NOT TAXABLE

Period of Deposit-15 years from date of account

Maturity Period – 21 years

Premature & Partial withdrawal allowed under certain conditions

Account is transferrable from one Branch / Bank / Post Office to other

Available through 760 Authorized Branches of thier Bank

Bank profile

Type Public company

BSE & NSE:CENTRALBK

Industry Financial

Commercial banks

Founded 21 December 1911; 104 years ago

Headquarters Mumbai, Maharashtra, India

Key people Shri. Rajeev Rishi, Chairman & Managing Director

Revenue 283,030 million (US$4.2 billion) (2014-15)

Number of employees 42000(approx)


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