Mukhyamantri Kanya Sumangala Yojana is a scheme launched by the Government of Uttar Pradesh on 25th October 2019. It is aimed at promoting the welfare of girl children in the state. Under this scheme, financial assistance of ₹15,000 will be given to those families with girl child and other benefits are provided to families for the education, health, and overall well-being of their girl child.
Read more
Investing in your child's future:Investment will continue with or without you
Benefits of Investing In Child Plan
Waiver of Premium Benefit
Future Premiums are paid by the insurer upon death of policyholder
Flexible Payout Options
Your premiums help your child achieve their dreams through lump sum or regular payouts
Wealth Boosters
Get rewarded with Wealth Booster and Loyalty Bonus for staying invested with us
Zero Commission
We charge no commission when you buy from us. Also buy online & get extra
Tax Benefits^
You get tax benefits under Section 80(C) and no tax on returns under Section 10 (10D)
Investment Flexibility
It offers the flexibility to invest at regular intervals or as a one-time contribution
We are rated++
9.7 Crore
Registered Consumer
51
Insurance Partners
4.9 Crore
Policies Sold
Nothing Is More Important Than Securing Your Child's Future
Invest ₹10k/month your child will get ₹1 Cr# Tax-Free*
The Mukhyamantri Kanya Sumangala Yojana is a government scheme of the state of Uttar Pradesh, India. Its objective is to secure the education and future of girls from birth up to higher education. Under this scheme, an amount of ₹5,000 is deposited in the bank account of the girl's parents at the time of her birth. Subsequently, upon completion of vaccinations, admission to Class 1, Class 6, Class 9, and graduation, she receives amounts of ₹2,000, ₹2,000, ₹3,000, ₹5,000 respectively.
The Mukhyamantri Kanya Sumangala Yojana plays a crucial role in ensuring the education and secure future of girls. Through this scheme, girls are given the opportunity to pursue higher education and fulfill their dreams.
To avail the benefits of this scheme, the girl's parents or guardian must apply within 6 months of the girl's birth. The application can be submitted online or offline. For online applications, one must visit the department's website. For offline applications, a visit to the nearest District Social Welfare Department office is required.
Key Information on Kanya Sumangala Yojana
Name
Mukhya Mantri Kanya Sumangala Yojana
Starting Date
25.10.2019
Beneficiary
Girl Child of Uttar Pradesh
Nodal Department
Department of Women and Child Development of the Uttar Pradesh Government.
The specific objectives of the Mukhyamantri Kanya Sumangala Yojana are as follows:
To reduce the gender gap and promote the girl child
To improve the health and education of the girl child
To empower the girl child and enable her to achieve her full potential
What are the Features of Mukhyamantri Kanya Sumangala Yojana?
The Kanya Sumangala Yojana Scheme has the following features:
It is a Flagship Scheme for families with girl children. The scheme is designed to support families with girl child financially.
The complete sum is granted to girl child born after April 1, 2019.
Female children born prior to April 1, 2019, will also receive benefits from the Kanya Sumangala Yojana. However, they will receive only a portion of the share.
The scheme aims to provide financial support to girl children to help them successfully complete their education.
One of the goals of the scheme is to work towards eliminating female foeticide, thereby contributing to a more balanced sex ratio.
It aims to foster positive thinking and attitudes towards girl children.
It provides a means for low-income families to educate their daughters without facing financial obstacles.
The amount under the scheme will be released in various phases corresponding to specific milestones in the girl child's life. These include birth, vaccination, admission to grades 1, 5, 9, and graduation.
The amount will be transferred directly to the beneficiary's account.
The scheme has received recognition and accolades for its dedication to supporting girl children throughout various stages of their lives.
The benefits of the Mukhyamantri Kanya Sumangala Yojana include:
The scheme provides financial assistance to girl children in six installments:
Rs. 2,000 at birth
Rs. 1,000 on completion of one year of age
Rs. 2,000 on admission to Class 1
Rs. 2,000 on admission to Class 6
Rs. 3,000 on admission to Class 9
Rs. 5,000 on completion of Class 12 and got admission into Diploma Course or Bachelor’s degree
The scheme aims to reduce female foeticide by increasing the value of girls in society.
The scheme aims to improve the sex ratio in the state by promoting the birth and survival of girl children.
The scheme helps to empower girls by providing them with financial security and encouraging them to pursue their education and dreams.
The scheme helps to reduce gender inequality by promoting the equal treatment of girls and boys.
The scheme contributes to the social and economic development of the state by helping to improve the education and health of girls, and by promoting gender equality.
What is the Eligibility Criteria for Mukhyamantri Kanya Sumangala Yojana?
The eligibility criteria for the Mukhyamantri Kanya Sumangala Yojana are as follows:
The girl child must be a permanent resident of Uttar Pradesh.
The girl child's family must have an annual income of less than INR 3 lakh.
The girl child's family must have no more than 2 children.
If a woman delivers twin girls in her second delivery, the third girl child will also be eligible for the scheme.
Adopted girls are also eligible for the scheme.
Invest MoreGet More
Invest ₹10K/MonthYOU GET₹1 Crores*For Your ChildView Plans
Invest ₹8K/MonthYOU GET₹80 Lakhs*For Your ChildView Plans
Invest ₹5K/MonthYOU GET₹50 Lakhs*For Your ChildView Plans
Standard T&C Apply *
What are the Documents Required for Kanya Sumangala Yojana?
The following documents are required for the Mukhyamantri Kanya Sumangala Yojana in Uttar Pradesh:
Ration card having the name of the girl child
Aadhaar card of the girl child and her parents/guardian
Bank passbook of the girl child's parents/guardian
Certificate of family’s annual income (self-certified)
Adoption certificate (if applicable)
Latest photograph of the girl child
Joint photograph of the girl child with her parents/guardian
To apply for the Kanya Sumangala Yojana, follow these steps:
Step 1: Begin by visiting the official website of the scheme at https://mksy.up.gov.in/women_welfare/citizen/guest_login.php.
Step 2: Once on the website, navigate to the 'Quick Links' section and select the 'Apply Here' option.
Step 3: You will be prompted to register by providing your personal details. After this, confirm your registration by entering the OTP received on your mobile number.
Step 4: Log in to the portal using your chosen username and password.
Step 5: Access the online registration form provided and carefully input the required information.
Ensure you upload the relevant documents as instructed.
Step 6: Take a moment to review all the details you've provided, ensuring accuracy and completeness.
Step 7: Once you're satisfied, submit the application.
Conclusion
The Kanya Sumangala Yojana is a welcome step towards improving the lives of girls in Uttar Pradesh. It is a comprehensive scheme that addresses the multiple challenges faced by girls, such as poverty, gender discrimination, and lack of access to education. The scheme has had a positive impact on the lives of millions of girls, and has helped to make Uttar Pradesh a more gender-equitable state.
FAQ's
How is the amount disbursed under the scheme?
The amount is directly deposited into the bank account of the girl's parents or guardians.
Is it mandatory to apply within a certain time frame after the birth of the girl child?
Yes, the application must be submitted within 6 months of the birth of the girl child.
Can I apply for the Kanya Sumangala Yojana online?
Yes, the application process allows for both online and offline submissions. The online application can be made through the official website of the scheme.
What is the objective of providing financial assistance at different educational stages?
The scheme aims to encourage and support the girl child's education from the early stages up to higher education, thereby empowering her for a secure and independent future.
Is a girl born prior to April 1st, 2019, qualified for the scheme?
Yes, even if a girl was born before this date, she remains eligible for the scheme. However, the benefits provided will be a reduced amount. For such cases, this date will serve as the cut-off for determining the corresponding levels of assistance. The allocated funds will still be directly deposited into the beneficiary's account.
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in *All savings are provided by the insurer as per the IRDAI approved insurance
plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs. ++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
Investment
Secure
Secure your Child’s Career Goal
Start Investing ₹10,000/Month
& Get ₹1 Crore*
*Standard T & C Apply
Insurers Offering Child Plans
Tata AIA
Aditya Birla Sun Life
Bajaj Allianz
Axis Max Life
HDFC Life
ICICI Prudential
Bharti AXA Life
Edelweiss Life
Kotak Life
Future Generali
PNB MetLife
SBI Life
Aviva
Bandhan Life
Canara HSBC
IDBI Federal
IndiaFirst
Pramerica Life
Reliance Life
Sahara Life
Shriram Life
Star Union
View more insurers
Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or
insurance product offered by an insurer.