In these rules, unless the context otherwise requires,-
(a) “Account” means the Sukanya Samriddhi Account opened in accordance with the provisions of these rules;
(b) “Account holder” means a person in whose name the Account is held;
(c) “Act” means the Government Savings Banks Act, 1873 (5 of 1873);
(d) “Bank” means any branch of a public sector or private sector commercial bank authorized by the Government to open an Account under these rules;
(e) “beneficiary” means an eligible girl child who is a resident Indian citizen at the time of opening of the account and remains so till the maturity or closure of the Account;
(f) “deposit” means the money deposited by the guardian or by the Account holder in an Account ;
(g) “family” means a unit consisting of a person and his spouse (both or either of whom are alive or deceased) and their children, adopted or otherwise;
(h) “financial year” means the period starting on the 1 st of April and ending on the 31 st of March;
(i) “guardian” means natural or legal guardian of the beneficiary;
(j) “Government” means the Government of India in the Ministry of Finance;
(k) “interest rate” means the rate, as may be notified by the Government, to be applicable for a complete or part of the financial year;
(l) “maturity” means maturity of an Account on completion of a period of twenty-one years from the date of its opening;
(m) “post office” means any post office in India doing savings bank work and authorized to open an Account under these rules;
(n) “notification” means a notification published in the Official Gazette;
(o) “CBS” means Core Banking Solution platform or any other electronic platform which electronically connects all offices of a Bank and or the postal department simultaneously or in phases, for bringing speed, uniformity and ease in operational matters.
3. Application of Post Office Savings Bank General Rules, 1981 and the Post Office Savings Account Rules,
1981.- The provisions of the Post Office Savings Bank General Rules, 1981 and the Post Office Savings Account Rules, 1981 framed under the Government Savings Bank Act, 1873 (5 of 1873) may be applied in relation to matters for which no provision has been made in these rules.