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Jul 5, 2024 · Attractive Interest Rate: SSY accounts enjoys an 8.2% per annum compounded interest rate (for the period January 1 2024 to June 30 2024) - one of the highest among small savings schemes. Tax Benefits: You can enjoy full tax deduction on principal invested up to ₹1.5 lakh per year under Section 80C of the Income Tax Act.
Sukanya Samriddhi Yojana (SSY) Calculator - Calculate SSY Online to determine the maturity amount of your SSY investment after 14 years. Get details of Sukanya Samriddhi Scheme, Rules, deposit amount, interest rate and tax benefits here at Groww.in
Jul 5, 2024 · Some of the key Sukanya Samriddhi Yojana benefits are as follows: High Interest Rate- SSY offers a higher fixed rate of return (currently 8.2% per annum for Q2 FY 2024-25) as compared to other government-backed tax saving schemes such as PPF.
Jan 2, 2024 · Sukanya Samriddhi Yojana (SSY) Interest Rate 2024 hiked to 8.2% for January-March 2024 Quarter. Know SSY Tax benefits, interest rate change trends & comparison with other.
Sukanya Samriddhi Yojana is a small deposit scheme launched in 2015 by the Prime Minister, Mr. Narendra Modi, as a part of the Beti Bachao Beti Padao campaign to help the guardians or parents meet their girl child’s education and marriage expenses.
Sukanya Samriddhi Yojana or SSY account is a small deposit scheme for a girl child launched by Government of India in the year of 2015. It currently offers an interest rate of 8.2% p.a. The SSY account can be opened anytime after the birth of the girl child until she turns 10 years old.
Sukanya Samriddhi Yojana Interest Rates. The interest rate on the Sukanya Samriddhi Yojana is fixed by the government and reviewed every quarter. For the current quarter of 2024, Sukanya Samriddhi Yojana interest rate is 8.2% p.a. Here is a Sukanya Samriddhi yojana chart with additional details-
Sukanya Samriddhi Yojana Information. Returns: Interest rate of 8.2% per annum* Lock-in period: 21 years from the date of account opening. The girl child has to be below the age of 10 at the time of account opening; Deposits to be made till completion of 15 years, from the date of opening of the account
Under the scheme, you can open a Sukanya Samriddhi Yojana Account for your girl child and use the invested amount for her higher education or marriage. You can also enjoy benefits like attractive interest rates and tax benefits under Section 80C of the Income Tax Act, 1061.
Jan 12, 2024 · Sukanya Samridhhi Yojana (SSY) is a government-backed savings scheme in India that was introduced in 2015 by the Ministry of Finance as a part of the “Beti Bachao Beti Padhao” (Save Girl Child, Educate the Girl Child) campaign.
