Search results
- The Sukanya Samriddhi Yojana (SSY) is a government initiative, launched as part of the ‘Beti Bachao Beti Padhao’ campaign, aimed at securing the financial future of girl children. Introduced in 2015, the scheme offers an attractive interest rate, tax benefits, and encourages affordable investments with a minimum of ₹250 annually.
People also ask
What is Sukanya Samriddhi Account?
Who can avail Sukanya Samriddhi Yojana saving scheme?
What is Sukanya Samriddhi Yojana account (SSA)?
What is Sukanya Samriddhi Yojana?
Who can open Sukanya Samriddhi Yojana?
Is Sukanya Samriddhi Yojana tax exempt?
Sukanya Samriddhi Account (Girl Child Prosperity Account) is a Government of India backed saving scheme targeted at the parents of girl children. The scheme encourages parents to build a fund for the future education of their female child.
- Key Features of Sukanya Samriddhi Yojana
- Steps to Open SSA Account
- Bottom Line
The SSA account offers higher returns than even popular government schemes, along with better returns than any fixed deposits or regular savings account provided by banks. If we consider the interest earned on a regular savings account in India for FY 2021-22, it is anywhere between 3.00% to 3.20% for a public sector bank. Similarly, fixed deposits...
Visit Your Point of Account Opening An SSA account can be opened by visiting any post office branch and authorized banks. Most public and private sector banks offer SSA account depositors to deposit the recurring investment electronically. Deposits on the SSA account in the post office have to be made by physically visiting the branch. Carry Docume...
The Department of Economic Affairs, under the Ministry of Finance, issues notification on any changes in the Sukanya Samriddhi Yojana account via powers under Section 3A of the Government Savings Promotion Act, 1873. This Scheme is called the Sukanya Samriddhi Account Scheme, 2019, as per latest notification G.S.R. 914(E).
- Dipen Pradhan
Jul 27, 2024 · 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.
Jan 18, 2024 · The Sukanya Samriddhi Yojana (SSY) was developed as a part of the government’s ‘Beti Bachao, Beti Padhao’ campaign. The scheme aims to secure and improve the life of the girl child. It offers quite a few benefits, including fixed return and tax benefits.
The scheme primarily focuses on empowering the girl child and promoting her education, welfare, and financial security. Sukanya Samriddhi Yojana offers attractive interest rates and tax benefits, making it a popular choice for parents and guardians to secure their daughter’s futures.
Oct 9, 2024 · 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.
Dec 30, 2023 · The Sukanya Samriddhi Yojana (SSY) stands as a specialized deposit scheme exclusively designed for the financial well-being of girl children, introduced by the Ministry of Finance.
