IMA Mumbai West Indian Medical Association – Mumbai West ,IMA BUILDING,JUHU, J R MHATRE MARG, MUMBAI 400049

SHIKSHAN MANGAL SUKANYA YOJANA

of IMA – MUMBAI WEST

 [A scheme for Aiding education & Well-being of female child from poor family.]

DONOR GUARDIAN [IMA member]

 BENEFICIARY [daughter of our staff or maid or any female child known to us from poor family] (Chosen by IMA Member)

 IMA (Facilitator)

BANKER

• Role of Donor Guardian

1. Fixed Deposit of Rs.35,000/- (in the names of beneficiary & Donor Guardian.)

   (Amount of Rs.1,15,000/- will be deposited by IMA MW in the name  of beneficiary)

1. Period- upto 12^th std. of Beneficiary.
2. Consent for waiver of interest.
3. Not to claim principal and interest till the FDR period.

• Role of Banker

1. Promote the scheme with IMA logo
2. Special rate of interest for the scheme.
3. Saving A/c in name of Beneficiary & her mother, if mother is not there then father.
4. Monthly interest directly transfer to saving A/c. [approx. rupees 1000 per month.]
5. FDR ON MATURITY, PRINCIPAL AMOUNT WILL GO TO THE DONOR GUARDIAN.

• Role of IMA MW

1. Fixed deposit of Rs. 1,15,000/- (in the name of beneficiary & IMA MW)
2. Licensing / Facilitators between donor guardian and beneficiary.
3. To keep watch on beneficiary’s progress and use of money.

• Legal

1. Tri-party Agreement between Donor Guardian, beneficiary and IMA MW
2. Further points need to be worked out in details with the help of banker.

• Objectives

1. Giving opportunity to the female child for better schooling.
2. Giving opportunity to the Donor guardian to donate for the social cause.
3. To set an example in the society and to motivate the society as a whole.
4. To build the image of IMA.

SHIKSHAN MANGAL SUKANYA YOJANA

IMA – MUMBAI WEST

REQUIRED DOCUMENTS:-

Donor Guardian :

1. PAN Card.
2. Address Proof
3. For Agreement, Stamp paper of Rs. 100/- self named (IMA-MW office will help for the same)
4. Saving Account in any nationalised bank.
5. Cheque of Rs. 35,000/- in the favour of IMA Mumbai West

 Beneficiary :

1. Photo of Girl Child and Guardian (Mother) (2 copies)
2. School Bonafide (2 copies)
3. BPL / Ration Card Certificate if available (2 copies)
4. Aadhaar Card (2 Copies)
5. Joint Saving Account in any Nationalised bank (Mother / Girl Child) (IMA MW branch will help to open account)

SUMMARY :

IMA, MW (Donor Guardian) member will recommend a girl child (beneficiary) studying in school from poor family. Donor will deposit Rs. 35,000/- via IMA MW (Facilitator). IMA MW will deposit amount of Rs. 1,15,000/- in the name of same girl child. Total Rs. 1.5 Lacs will be deposited in the name of that girl child. The interest earned (approx. Rs. 1,000/- per month) will be given to parents of that girl child. IMA MW will keep supervision on studies of girl child. The donor IMA member will be involved at every stage of the scheme. Once the girl child finishes 12^th Std. the principal amount will be handed over back to the donor IMA MW member without interest.