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Discover the Sukanya Samriddhi Yojana (SSY) scheme launched under the Beti Bachao Beti Padhao campaign. Learn about its Sukanya Samriddhi Yojana interest rate, benefits, eligibility, bank list, age limit and how to open an account.
- Who Can Use This Calculator?
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- How Does The Ssy Calculator Work?
- How to Use Groww’S Ssy Calculator Online?
- Advantages of Using Groww Sukanya Samridhi Scheme Calculator
- How Can I Use The Corpus Accumulated from Ssy Contributions?
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The first step to take benefit of the SSY calculator is to check whether the eligibility criteria of the scheme is fulfilled. SSY account can be opened by legal guardians of the girl child provided the following conditions are met:- 1. The girl must be an Indian resident 2. The girl shouldn’t be more than 10 years of age 3. Upto two accounts can be...
Often parents of the girl child, look to do investments in the name of their child that can help meet the expenses of their daughter’s education and marriage expenses. While there are many investment avenues that can help parents achieve this, Sukanya Samriddhi Yojana has emerged as one of the most popular ones owing to the high-interest rate as we...
The tenure for maturity for the amount is 21 years. It is important to note that it is important for individuals to make minimum one contribution a year to keep the scheme alive till 14 years are completed. The individual may choose to not make contributions in the SSY account between a year and year 21 if they so wish. However, the previous invest...
Just enter the investment amount per year, age of your girl child, and investment starting year. The calculator will automatically display the maturity year and the amount you receive upon maturity after you enter the details.
Using the Groww Sukanya Samriddhi Yojana online calculator provides you with the following benefits – 1. The Groww Sukanya Yojana calculator is free to use and can generate error-free output for multiple iterations. 2. The calculator generates output within seconds. 3. The tool is available online on Groww ‘s website and does not require downloadin...
Upon reaching maturity, the entire corpus accumulated can be withdrawn by the girl child. This can be done after the following documents are produced:- 1. Withdrawal application form 2. ID Proof and valid address proof 3. Citizenship documents The corpus withdrawn can be used to meet the expenses of higher education of the girl child, provided she ...
Calculate the maturity amount and returns of your SSY account with this online tool. Learn about the eligibility, tax benefits, and withdrawal rules of this scheme for girl child education and marriage.
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.
May 4, 2024 · Features. Cash. Cheque. Demand Draft. Transfer/ online transfers through internet Banking. To promote the welfare of Girl Child. A natural/ legal guardian on behalf of a girl child. Upto two girl children or three in case of twin girls as second birth or the first birth itself results in three girl children.
The Sukanya Samriddhi Account (SSA) Schemei is a small deposit scheme of the Government of India meant exclusively for a girl child. It was launched by Prime Minister
Learn how to open a Sukanya Samriddhi Account for your girl child and enjoy tax benefits and high interest rate of 8.4%. Find out the eligibility, features, terms and conditions of this scheme.
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What is Sukanya Samriddhi Yojana?
What is Sukanya Samriddhi Account?
How long does Sukanya Samriddhi Yojana last?
How to invest in Sukanya Samriddhi Yojana scheme?
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).
