A major change in the rules of PPF-Sukanya Samriddhi, Finance Minister issued an order

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Small Savings Schemes Rules: If you have also invested in any government scheme like Public Provident Fund (PPF), Senior Citizen Saving Scheme (SCSS), Sukanya Samridhi Yojana (SSY), then this news is useful for you. The government has changed the rules for those who invest in these schemes. Now if you are also planning to invest in these government schemes, then you will not be able to take advantage of it without PAN and Aadhaar card.

The Ministry of Finance has issued a notification

This information was given by the Ministry of Finance by issuing a notification some time ago. In this notification it was mentioned that small savings schemes will be used as KYC.
PAN card has to be shown
Apart from this, the finance ministry has said that the investors will have to submit the Aadhaar enrollment number first to make any further investment. Apart from this, one has to show PAN card to invest more than the limit. You will not be able to invest without PAN card.

6 months time
If you do not have Aadhaar at the time of opening an account for Post Office Savings Scheme, you will have to submit proof of enrollment slip for Aadhaar. Also, the investor has to provide the Aadhaar number within six months from the date of opening the account, to link it with the ‘Small Savings Scheme’ investment.

Let us tell you what documents you will need to open an account in Small Savings Yojana from now on-
>> You must have Aadhar Number or Dhar Enrollment Slip
>> Apart from this there should be a passport size photograph
>> PAN number, if existing investors do not submit PAN card and Aadhaar card by 30 September 2023, their account will be banned from 1 October 2023.

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