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5 days ago · Sukanya Samriddhi Yojana ( सुकन्या समृद्धि योजना ) is a government-backed small savings scheme for the benefit of a girl child. It is a part of the Beti Bachao, Beti Padhao Yojana and can be opened by the parents of a girl child below the age of 10. SSY accounts can be opened at designated banks or post offices.
- 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.
Jun 23, 2024 · 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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4 days ago · What is the latest interest rate for Sukanya Samriddhi Account. The interest rate of Sukanya Samriddhi Yojana scheme has been kept unchanged from the previous quarter. The interest rate for the July- September 2024 quarter stands at 8.2%.
Jun 25, 2024 · The Post Office Sukanya Samriddhi Yojana was launched in the year 2015 with an aim to encourage the parents to secure the future for their daughters. The Prime Minister of India Narendra Modi launched the scheme under the ‘Beti Bachao, Beti Padhao’ campaign.
- 22nd January 2015
- Small Savings Scheme
- PM Narendra Modi
3 days ago · Sukanya Samriddhi Yojana (SSY): Tax benefits. Deposits in the SSY scheme up to Rs 1.50 lakh in a financial year are eligible for tax deduction under Section 80C of the Income Tax Act. What will you get at maturity if invest Rs 1.50 lakh per fiscal year?
Jun 26, 2024 · Post office schemes comprise the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizen Saving Scheme (SCSS), Term Deposits, Post Office Monthly Income Scheme (POMIS), and...
Jun 25, 2024 · Will interest rates of SCSS, NSC and Sukanya Samriddhi go up in the July-September quarter? Just like PPF, Sukanya Samriddhi Yojana has a spread of 75 basis points and the Senior Citizens Savings Scheme has the biggest spread of 100 basis points.
