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SUKNYA SAMRIDDHI YOJNA

Sukanya Samriddhi Yojana is an administration supported reserve funds conspire in India explicitly intended for the government assistance of the young lady kid. It was sent off by the Public authority of India as a feature of the “Beti Bachao, Beti Padhao”

Here are a few key points about the Sukanya Samriddhi Yojana:

Objective:

The principal objective of the plan is to urge guardians to save and construct a corpus for the future schooling and marriage costs of their young lady kid.

Qualification:

The plan is accessible for guardians or lawful watchmen of a young lady kid beneath the age of 10 years. The record can be opened for the sake of the young lady kid until she achieves the age of 10.

Account Opening:

The Sukanya Samriddhi Yojana record can be opened in assigned mail depots and approved banks across India. The record can be opened with a base store of Rs. 250, and resulting stores can be made in products of Rs. 100.

Store Breaking point:

The base store limit for a monetary year is Rs. 250, and the most extreme store limit is Rs. 1.5 lakh. Stores can be made until the culmination of a long time from the date of record opening.

Loan cost: The plan offers an alluring loan cost, which is declared by the public authority on a quarterly premise. The loan fee for the plan is by and large higher than most other little investment funds plans.

Withdrawal:

Halfway withdrawal is permitted from the record when the young lady kid achieves the age of 18 years or after she passes the tenth norm, whichever is prior. The withdrawal sum is confined to half of the equilibrium toward the finish of the former monetary year.

Development and Conclusion:

The Sukanya Samriddhi Yojana account develops following a long time from the date of record opening or upon the young lady kid’s marriage, whichever is prior. The record can likewise be shut rashly in specific situations, like the passing of the young lady kid.

Tax Benefits:

Commitments made to the Sukanya Samriddhi Yojana are qualified for charge allowances under Segment 80C of the Annual Assessment Act. Besides, the premium acquired and the development sum are absolved from charge.

Note: Kindly refer Govt. sources for more and updated information

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Loans And Advances

Home Loan
- Purchase of Flat : For Purchase of new Flat and old Flat
- Purchase of Building
- Construction/Extension of Building : Construction on your already purchased land or Construction after purchase of land
- Furnishing/Renovation of House
- Take over home loan : Transfer of loan to other banks
- Top Home Loan/Second/Third Home Loan : After successfully operating existing home loan , bank or Financial institutions provide 2nd and 3rd Home loan after fulfilling of bank’s guideline(As per guidelines of majority of Bank’s EMI should be paid regularly without fail or without any overdue within a given period of time )
- Documents required :Common Property Documents—-
- 1. Title Deed of Land 2.Mutation of Land 3. Latest Tax receipt 4. Sanctioned Site plan 5.Tripartite agreement or Agreement between Developer and Buyer ,Power of attorney of land on which apartment is build (This point is applicable in case of purchase of flat) Note: These are general mandatory documents and some documents varies from bank to bank. Employment Related Documents Documents Required : In case of salary person 1. Customer id card and Employment verification certificate 2. Income tax return 3 years or 3 Years Form 16 or Both 3. Customer’s 6 months salary slip 4. 12 months account statement of salary account 5.Car Dealer’s invoice of car model and price 6. KYC such as Aadhaar, PAN , Voter id or other ids ( At least needed One ID card and One Address proof) Documents Required : In case of Businessman 1 1. Income tax return 3 years or 3 Years Form 16 or Both 2. Trade License of Business 3. 12 months account statement of current account 4. Car Dealer’s invoice of car model and price 5. KYC such as Aadhaar, PAN , Voter id or other ids ( At least needed One ID card and One Address proof)
Car Loan
- For Purchase of New Car
- For Purchase of Old Car
- Documents Required : In case of salary person 1. Customer id card and Employment verification certificate 2. Income tax return 3 years or 3 Years Form 16 or Both 3. Customer’s 6 months salary slip 4. 12 months account statement of salary account 5.Car Dealer’s invoice of car model and price 6. KYC such as Aadhaar, PAN , Voter id or other ids ( At least needed One ID card and One Address proof) Documents Required : In case of Businessman 1 1. Income tax return 3 years or 3 Years Form 16 or Both 2. Trade License of Business 3. 12 months account statement of current account 4. Car Dealer’s invoice of car model and price 5. KYC such as Aadhaar, PAN , Voter id or other ids ( At least needed One ID card and One Address proof)
Personal Loan
- For Salary Person
Mudra Loan : For new or Existing businesses
- Categorized As
  - Shishu
    - Loan Sanctioned Up-To Rs. 50000
  - Kishore
    - Loan range from Rs. 50001 to 200000
  - Tarun
    - Loan range from Rs. 200001 to 500000
Commercial Vehicle Loan
- Vehicle loan for Commercial purpose
SHG(Self Help Group) loan
- Women group
Loan Against Deposit
- Loan sanctioned on deposit of bank(Eg: Fixed Deposit , Recurring Deposit)
Property/Mortgage Loan
- Loan Sanctioned against Mortgage of
  Immovable Properties