The Reserve Bank of India (RBI) on Wednesday asked banks to report of the 'Sukanya Samriddhi' scheme transactions directly through the Government account at its central account section (CAS) in Nagpur on a daily basis.
This action came in order to maintain uniformity in reporting, reconciliation and accounting.
The Agency banks are required to follow the rules and regulations of the Scheme, and any disobedience e of rules and regulations would attract penal action, including de-authorization of the branch or bank.
Sukanya Samriddi Yojana have the facility of passbook which will help the gaurdian of the account holder to track the transaction.
Click here if you want to download application form and here to look at specimen of the passbook.
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