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This scheme enables guardians to open a savings account for their girl child with an authorised commercial bank or India Post branch. SSY accounts offer an 8.2% rate of interest. A Sukanya Samriddhi Yojana calculator can help you determine the returns you receive as per the invested amount and tenure.
To open an account [Savings Bank(SB), Recurring Deposit(RD), Time Deposit(TD), Monthly Income Scheme(MIS) SB3, SB103 (pay-in-slip) and specimen signature slip for SB and TD are required. For senior citizen accounts, separate forms are to be used.
Jun 4, 2024 · Sukanya Samriddhi Scheme (SSY) is a dedicated scheme for the empowerment of and the secured future of the girl child. Every parent of a girl child must consider investing in this scheme as it also doubles as a good tax-saving instrument.
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme as part of the “Beti Bachao, Beti Padhao Yojana” for the benefit of the girl child. Parents can open up to two such accounts for girls (they cannot open a third/fourth account, etc. if they have more than two girls).
Apr 30, 2024 · Did you know that you can now open up to two Sukanya Samriddhi Yojana accounts for girls and a third account can be opened in case of the birth of twins/triplets? Here, you can get a complete insight into the scheme, how it works and what are the benefits of SSY.
With an 8% rate of interest, tax free maturity and interest and tax deductions available under Section 80C of the Income Tax Act, 1961, single families with girl children below the age of 10 years, are queueing up to open a Sukanya Samriddhi Account.
1. This service is available for Registered Users only. Please Register/Login your self with Department of Post. 2. Please read the terms and conditions for booking carefully.Terms and Conditions
May 4, 2024 · Sukanya Samriddhi Yojana - Personal Banking. Ministry of Finance (Department of Economic Affairs) vide their E-Gazette Notification dated 12th Dec,2019,G.S.R. 912 (E),has notified that Central Govt. rescinds the Sukanya Samriddhi Account Rules,2016 published vide G.S.R.323 (E) dated 18th March,2016 with immediate effect.Further, Ministry of ...
Sukanya Samriddhi Yojana or SSY account is a Government of India-backed small deposit scheme for a girl child. The SSY account can be opened anytime after the birth of the girl child until she turns 10 years old. You may open the SSY account at the post office or any branch of a commercial bank.
Individuals who are planning to invest in the SSY scheme can check the amount they will receive at the time of maturity by using the Sukanya Samriddhi Yojana Calculator. In order for individuals to use the SSY calculator, they must meet the eligibility criteria of the scheme.
