• Eligibility:Parents or the legal guardians of a girl child, who is upto 10 years of age, can open the account in the girl's name. Up to December 1st 2015, if the girl child was born on or after December 2, 2003, a grace period of 1 year was given for the account to be opened.
• Interest rates:The interest rate fixed under this scheme is 9.1% along with tax benefits. However, this rate is subject to change every financial year.
• Maturity:This account matures exactly after 21 years from the date the account was opened or when the girl gets married, whichever is earlier.
• Deposit:the minimum amount that can be invested in this account is Rs. 1000/- and maximum amount is Rs. 150000/-. The deposit is to be made for only 14 years, you do not have to deposit any amount after that. However, the amount in the account will earn on the applicable interest rates, till the remaining 7 years or till the girl gets married.
• Tax:At the time of launching this scheme, the deposits in the account could be claimed as deductions, under section 80C. But this year, the interest as well as the maturity amount received is tax free. Though these benefits will be reassessed every year

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