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The minimum deposit amount for an SSY account is Rs.250, thereafter in multiples of Rs.50, and the maximum deposit is Rs.1,50,000 in every financial year, up to 15 years. Deposits can be made through cash, cheque, demand draft or online transfer.
3 days ago · SSY is a government-backed small savings scheme for girl child education and marriage. Learn about its features, benefits, interest rates, eligibility criteria, tax implications 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.
6 days ago · 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.
12 hours ago · Sukanya Samriddhi Account is a specialized savings scheme designed for the welfare of girl children. It allows opening an account in her name before she reaches 10 years of age. Deposits can range from a minimum of ₹250 to a maximum of ₹1.5 lakhs per year, and each girl child can have only one account opened for her.
4 days ago · Sukanya Samriddhi Yojana (SSY) is a savings scheme which was launched in 2015 as part of the Government initiative Beti Bachao, Beti Padhao campaign. Read this article to know how does Sukanya Samriddhi Yojana (SSY) calculator work, its key aspects calculation formula, etc.
- After the provision of all the required details, the calculator determines the value which will be sanctioned on maturity. In order to perform the...
- Here is a calculation of maturity value keeping the monthly and yearly contribution constant. Assumptions made for the calculation are- Rate of Int...
- The Reserve Bank of India has approved the following banks as the providers of SSY: Axis Bank State Bank of India (SBI) Central Bank of India (CBI)...
- The applicants of Sukanya Samriddhi Yojana can use the SSY calculator to evaluate the maturity amount at the end of the scheme tenure. The calculat...
- Cash Cheque Demand Draft E-Transfer in the concerned bank or post-office (if available)
5 days ago · Post office SSY: Sukanya Samriddhi Yojana (SSY) is a government small deposit savings scheme. This scheme is a specialised scheme for the girl child. One of the guardians can open the SSY account in the name of a girl child who is under the age of 10 years on the date of opening.
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3 days ago · The current interest rate on the SSY account is 8.2% per annum. Now let’s check out the SSY calculator and find out how much money can one invest through regular investment in this account. Sukanya Samriddhi Yojana calculator. Suppose a family starts saving Rs 10,000 every month in the SSY account opened in the name of their daughter.