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Sukanya Samriddhi Scheme (SSY) is a dedicated scheme for the empowerment 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.
19 hours ago · Families with a girl child under the age of 10 are increasingly opting for SSY accounts. SSY enjoys a relatively higher interest rate and sets aside a corpus that can be used for the daughter’s education or marriage. The account also enjoys tax-free maturity and deduction under Section 80C of the Income-tax Act, 1961. It can be opened at any authorised bank or post office branch.Sukanya Samriddhi Yojana offers 8.2% interest rate for the July-September quarter of 2024. Text: Centre for ...
6 days ago · India is taking a significant step towards gender equality with the Sukanya Samriddhi Yojana (SSY).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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Jun 13, 2024 · Discover the ins and outs of Sukanya Samriddhi Yojana, the government scheme empowering girl child education and future security. Learn more.
3 days ago · How much interest rate you are likely to get on PPF, SCSS, Sukanya Samriddhi Yojana during the July-September quarter of 2024. Investors of the Public Provident Fund (PPF) have been eagerly waiting for a hike in the interest rate of one of the most popular small-savings schemes.
20 hours ago · In the last revision, the Centre hiked the interest rates of some of the small savings schemes, such as Sukanya Samriddhi Scheme, 3-year Time Deposit, by up to 20 bps for the Q4 FY24.
Jun 4, 2024 · Sukanya Samriddhi Yojana (SSY) is a savings scheme for girl child by the Government of India.The scheme's details, opening process, minimum deposit, deposit limit, tax benefits, and maturity criteria are explained.