In the event of death of the parent(s), Rs.25,000/- will be deposited in the name of the child in any of the nationalised banks and the benefits will be provided as under.

Age of the child	Amount of relief	Payable to
1-5 years	Rs.1,200/-per annum Surviving parent or guardian	Surviving parent or guardian, provided the expenditure is incurred for the child's education
6-11 years	Rs.1,200/- per annum	Surviving parent or guardian, provided the expenditure is incurred for the child's education
12-17 years	Rs.2,400/- per annum	Surviving parent or guardian provided the expenditure is incurred for the child's education
18 years	Balance amount to the child's credit	To the girl on attaining the age of 18 completed years

In the event of the death of the girl before attaining 18 years, the balance amount standing to the credit of the girl child will be paid to the surviving parent/guardian.