Tue, Dec 03, 2024
Sukanya Samriddhi Yojana (SSY) is a girl-child special scheme run by the government of India. The scheme aims to ensure financial security, education, or marriage expenses of a girl child.
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Mon, Dec 02, 2024
Sukanya Samriddhi Yojana: Sukanya Samriddhi Scheme was launched in 2015 as part of the Beti Bachao, Beti Padhao campaign.
Fri, Oct 25, 2024
Explore the returns from Sukanya Samriddhi Yojana, SIP, and NPS on a Rs 9,000 monthly investment. This guide compares key aspects, helping you choose the best option for maximizing long-term savings.
Wed, Oct 09, 2024
Even as the SIP can be across asset classes, SSY offers a better return in comparison to Mutual Fund SIP.
Tue, Oct 08, 2024
From the discontinuation of Aadhaar enrollment IDs for PAN applications to interest rates in PPF accounts, these modifications aim to enhance security and streamline processes.
Tue, Sep 24, 2024
NPS Vatsalya versus Sukanya Samriddhi Yojana (SSY): After the launch of the novel NPS Vatsalya scheme which aims at securing child's future financially, you as a parent may be wondering whether NPS Vatsalya or SSY will fetch a better return if you have to choose between the two.
Wed, Sep 18, 2024
Compare the Sukanya Samriddhi Yojana (SSY) and NPS Vatsalya schemes, exploring which can best suited for parents with limited investible surplus seeking financial security for their girl child’s future.
Sukanya Samriddhi Yojana secures a girl child’s future, while EPF helps employees build a retirement fund. Both offer attractive returns and tax benefits, making them reliable long-term investment options.
Mon, Sep 09, 2024
Sukanya Samriddhi Yojana (SSY): As part of the Beti Bachao Beti Padhao campaign, the SSY seeks to meet the educational and economic requirements of female children throughout India.
Tue, Aug 13, 2024
Sukanya Samriddhi Yojana: As soon as a daughter is born, parents often start worrying about their future responsibilities. However, with timely financial planning, many of these concerns can be alleviated.
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 10, 2024
SSY: If your daughter is below 10 years of age then you can start investing in this scheme for your child. In this scheme, interest is available at the rate of 8.2 per cent. In this, a maximum of Rs 1.5 lakh can be deposited annually and the minimum deposit limit is Rs 250 annually.
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.
Thu, Mar 07, 2024
International Women's Day 2024: International Women's Day marks the achievements of women in all walks of life. It shows how empowered and independent they have become over the years. Financial freedom is equally important for them. If a parent starts investing for her girl child when she is under 10 years old, by the time she crosses her teen years, the parent will have a sizeable corpus for her. Sukanya Samriddhi Yojana (SSY) is one such scheme where regular deposits as low as Rs 5,000 a month can help one get a maturity amount of nearly Rs 28 lakh. Know how it is possible.
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-
Mon, Jan 01, 2024
The central government has increased the interest rate of Sukanya Samriddhi Yojana (SSY) from 8 per cent to 8.2 per cent. This interest is one of the highest among other Post Office schemes. If your daughter's age is up to 10 years, you can also deposit money in this scheme in her name and accumulate a good amount till she grows up.
Fri, Dec 22, 2023
Parents can create up to two accounts per household in the names of two daughters aged one year to less than 10 years.
Tue, Dec 19, 2023
The central government runs many schemes centred around girl education and empowerment. One of them is Balika Samridhi Yojana. Under the scheme, the government provides assistance to the girl child for her education. Know eligibility criteria, the process to apply and other important details of the scheme.
Wed, Dec 06, 2023
Sukanya Samriddhi Yojana (SSY) of the Government of India is centred around investment for the girl child. Parents of girls below 10 years of age can open a SSY account. At present, the interest rate of 8 per cent per annum is being offered under the SSY scheme.
Mon, Dec 04, 2023
Sukanya Samriddhi Yojana: One can activate the account by paying a penalty fee of Rs 50 at the bank or the post office.
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.
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