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4 days ago · Sukanya Samriddhi Yojana is a government-backed small savings scheme for the benefit of a girl child. Learn about its eligibility, interest rate, tax benefits, deposit limits, maturity period, premature closure and more.
- No. The facility of loan against SSY account balance is not currently available. You can avail the option of loan against PPF instead.
- Yes. Premature closure of the Sukanya account is allowed in certain cases. This may include compassionate grounds due to terminal illness, the unex...
- The SSY account will have to be closed if the girl child becomes an NRI or loses her Indian citizenship.
Jun 23, 2024 · Launched in 2015 as part of the “Beti Bachao, Beti Padhao” initiative by Prime Minister Narendra Modi, SSY is a government program designed to address a critical social issue, i.e., the lack of equal opportunity and financial security for girls in India.
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Jul 2, 2024 · Sukanya Samriddhi Account details The minimum amount required to open the Sukanya Samriddhi Yojana account is Rs 250 in a fiscal year. Sukanya Samriddhi Account taxation The investor can claim tax benefits up to Rs 1.5 lakhs per fiscal year under Section 80C of the Income Tax Act, 1961, for the deposits made in the SSY scheme.
Jun 12, 2024 · Sukanya Samriddhi Yojana is a government-backed small savings scheme that helps parents secure the future of their girl child. This scheme can be easily opened at post offices and designated private or public banks in the form of savings account in the girl's name.
6 days ago · Sukanya Samriddhi Yojana (SSY): Tax benefits. Deposits in the SSY scheme up to Rs 1.50 lakh in a financial year are eligible for tax deduction under Section 80C of the Income Tax Act. What will you get at maturity if invest Rs 1.50 lakh per fiscal year?
Jun 28, 2024 · The Sukanya Samriddhi Yojana (SSY), launched in 2015 as part of the Beti Bachao Beti Padhao initiative, is a government-backed small savings scheme specifically designed to empower the girl child. It aims to address the critical issues of gender disparity and financial security for girls in India.
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What is Sukanya Samriddhi Yojana?
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How to invest in Sukanya Samriddhi Yojana scheme?
How to open Sukanya Samriddhi Yojana account?
Jun 27, 2024 · A SSY account holder can invest minimum Rs 250 & Maximum Rs 1,50,000 in a Financial Year. SSY investment are Compounded annually & the credited to the account on the last day of the FY. Investments can be claimed under Income tax Sec 80 C.
