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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.
Jul 5, 2024 · Age Limit & Maturity Period of Sukanya Samriddhi Yojana. Post Office Sukanya Samriddhi Yojana has a tenure equal to the time the girl child is 21 years of age or upon her marriage after attaining the age of 18 years. However, contributions only need to be made for 15 years.
Sukanya Samriddhi Yojana (SSY) Calculator - Calculate SSY Online to determine the maturity amount of your SSY investment after 14 years. Get details of Sukanya Samriddhi Scheme, Rules, deposit amount, interest rate and tax benefits here at Groww.in
The maximum amount you can deposit is Rs 1.5 lakh per financial year. After maturity of the SSY account, money can be used for higher education or the marriage expenses of a girl child. The SSY account is operative for 21 years from the account's opening date, or until the girl child's marriage after 18.
The minimum and maximum amount that can be invested in the Sukanya Samriddhi Yojana scheme are Rs 250 and Rs 1.5 lakhs, respectively, per fiscal year. What is the minimum amount required to open an SSY account?
Apr 10, 2024 · A minimum deposit of ₹250 is needed, per year, for 15 years. The maximum amount that can be invested in a financial year is ₹1.5 lakh. Deposits can be made in multiples of 100 and through cash, cheque, demand draft or online transfer. You can make any number of deposits in a year.
Minimum investment - Rs 250; Maximum investment – Rs 1,50,000 in one financial year. Triple Tax Benefit - Principal invested, the interest earned as well as the maturity amount is tax free. Sukanya Samriddhi Yojana (SSY) Scheme is a government-backed savings scheme as a part of 'Beti, Bachao, Beti Padhao Yojana' for the benefit of girl child.
Tax Benefits: One can claim tax deductions under Section 80C up to Rs 1,50,000. Also, the interest accrued on SSY and proceeds received upon maturity/withdrawal are exempt from tax. Assurity of Returns: One can receive guaranteed returns upon maturity. How to Invest in Sukanya Samriddhi Yojana (SSY)
Feb 25, 2020 · , Feb 25, 2020, 03:15:48 PM IST. 1 /11. What is Sukanya Samriddhi Yojana? The Sukanya Samriddhi Yojana ( SSY) is a government-backed small deposit scheme for a girl child and her financial needs. It was launched as part of the 'Beti Bachao Beti Padhao' campaign. The scheme comes with income-tax benefit under section 80C.
Feb 26, 2019 · Maximum Rs. 1,50,000/- can be deposited in a financial year. Sukanya Samriddhi Yojana: Interest rate? Interest rates as may be notified by the government from time to time will be calculated on yearly compounded basis and credited to the account. As of Jan-Mar 2019 it is 8.5%. Sukanya Samriddhi Yojana: Withdrawal?
