Thu, Aug 29, 2024
The Department of Economic Affairs has issued new regulations that apply to investors in the National Savings Scheme (NSS), Public Provident Fund (PPF), and Sukanya Samriddhi Account (SSA).
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Wed, Aug 07, 2024
Sukanya Samriddhi Account (SSA): The minimum investment in the scheme in a financial year is Rs 250, and the maximum is Rs 1.50 lakh. The guardian in the name of a girl child below the age of 10 years can open SSA. It can be opened for a maximum of two girls in a family. One can make investments for a maximum of 15 years, but the maturity period of the scheme is 21 years.
Wed, Jul 03, 2024
Post office SSY: The interest rate for the Sukanya Samriddhi Yojana plan has remained constant from the previous quarter. The interest rate for the July-September 2024 quarter is 8.2 per cent.
Fri, May 24, 2024
Sukanya Samriddhi Yojana is one such small savings scheme, where a monthly investment of Rs 12,500 can help you accumulate a fund of Rs 70 lakh at maturity. This fund can be used to help your daughter get a quality education or for her marriage.
Mon, Jan 22, 2024
Sukanya Samriddhi Yojana (SSY) is a Post Office scheme offering the joint high interest among all such guaranteed return schemes. In SSY, which is centered around girl education and her marriage, one can deposit from Rs 250 to Rs 1.50 lakh annually. One can get a tax deduction up to Rs 1.50 lakh under Section 80 C of the Income Tax Act. If you deposit a good amount in the scheme, you can create a huge corpus, which can help you fulfill responsibilities of your daughter. Know whether you can open an online SSY account?
Thu, Jan 04, 2024
Sukanya Samriddhi Yojana (SSY) along with Senior Citizen Savings Scheme (SCSS) is the Post Office scheme with the highest interest rate at 8.2 per cent. The SSY scheme provides one guaranteed returns and fixed income. The central government recently increased the interest rate of SSY from 8.0 per cent. After the revised rate, an investment of Rs 10,000 a month can help you get nearly Rs 56 lakh on maturity. Know the calculation-
Fri, Nov 03, 2023
Investments of as low as Rs 250 or a maximum of Rs 1.50 lakh a financial year can be made in Sukanya Samriddhi Yojana for 15 years.
Tue, Sep 13, 2022
Did you know you can also save income tax by investing in your child’s name?
Fri, Jul 15, 2022
Sukanya Samriddhi Yojana: This small deposit scheme allows withdrawal of money from the account of a girl child only when she attains 18 years or completes her 10th standard schooling
Thu, Jul 14, 2022
Sukanya Samriddhi Yojana: Government-backed Sukanya Samriddhi Yojana (SSY) allows premature closure of the account after five years. However, the account can be closed only on fulfillment of certain conditions
Tue, Jul 06, 2021
Sukanya Samriddhi Yojana is a Central Government-backed saving scheme targeted at the parents of girl children.
Sun, Apr 12, 2020
In a major development, the government on Saturday further relaxed regulatory provisions to operate small savings schemes, allowing Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) holders to complete their deposits for FY20 till June 30, 2020.
Wed, Feb 12, 2020
PM Narendra Modi-led government had launched Sukanya Samriddhi Account Scheme in January 2015.
Thu, Nov 14, 2019
SBI SSY ACCOUNT: Here are top benefits provided by SBI SUKANYA SAMRIDDHI YOJANA ACCOUNT. Noteworthy, many of these benefits are not available in any other government financial scheme:-
Tue, Jun 25, 2019
Among many advantages of Sukanya Samridhi Yojana is that, a parent has to make a little investment per month in this scheme, earn hefty interest rates.
Wed, May 15, 2019
There are three schemes of Post Office which are the highest returns provider to customers. They are - Public Provident Fund account, Kisan Vikas Patra account and Sukanya Samriddhi account.
Sat, Apr 27, 2019
Sukanya Samriddhi Yojana (SSY) is one of the best schemes where you can invest as little as Rs 250 per month to financially secure the future of your daughter.
Tue, Feb 26, 2019
Sukanya Samriddhi Yojana (SSY) is one of the most sought-after small savings schemes in India. It is backed by Government of India. The scheme is exclusively meant for the girl child.
Thu, Feb 14, 2019
TDS is also levied on your income from national savings schemes. For your information, a 10% TDS each is deducted from your government notified saving schemes.
Thu, Sep 20, 2018
It needs to be noted that now, investment in these schemes looks way more attractive than what banks are offering you.
Tue, Aug 14, 2018
Sukanya Samriddhi Yojana is a government-backed saving scheme to secure the future of the girl child. The 'Sukanya Samriddhi Account' programme was launched in January 2015 for the welfare of the girl child under the "Beti Bachao Beti Padhao" programme.
Mon, Feb 12, 2018
Premature Closure (before completion of 21 years) is allowed if the beneficiary (girl) intends to get married. 'Disclaimer: This story is for informational purposes only and should not be taken as investment advice.'
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