Sukanya Samriddhi Yojana (SSY): The Ultimate Guide to Securing Your Daughter’s Future?
The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme in India, designed to promote financial security for the girl child. Here’s an in-depth look at the Sukanya Samriddhi scheme:.
Looking for a secure and tax-saving investment option for your daughter? The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme that offers attractive interest rates, tax benefits, and a reliable financial foundation for your girl child’s future. Dive into this comprehensive guide featuring frequently asked questions (FAQs) to understand everything about this scheme and how it can benefit you.
What is Sukanya Samriddhi Yojana?
The Sukanya Samriddhi Yojana (SSY) is a savings scheme introduced by the Government of India under the Beti Bachao, Beti Padhao initiative. It’s designed to provide financial security for the girl child by encouraging parents to save for her higher education and marriage expenses
Who is Eligible to Open a Sukanya Samriddhi Account?
Parents or legal guardians can open an SSY account for a girl child who is:
- Below 10 years of age.
- Only one account per girl child is permitted.
- A maximum of two Sukanya Samriddhi Accounts is allowed for two daughters in a family.
Where Can You Open a Sukanya Samriddhi Account?
You can open the Sukanya Samriddhi Account account at any:
- Post office across India.
- Authorized bank branch (public or private sector).
- Sukanya Samriddhi Account (SSY) can be opened in bank like SBI, IDBI, ICICI.
What is the Minimum and Maximum Deposit Limit Sukanya Samriddhi Account?
Minimum Deposit: 250 per year (affordable for all families).
Maximum Deposit: 1.5 lakh per year (ideal for tax-saving investments).
You can deposit in one lump sum or in multiple installments throughout the financial year
Sukanya Samriddhi Yojana (SSY): The Ultimate Guide to Securing Your Daughter’s Future?
The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme in India, designed to promote financial security for the girl child. Here’s an in-depth look at the Sukanya Samriddhi scheme:.
Looking for a secure and tax-saving investment option for your daughter? The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme that offers attractive interest rates, tax benefits, and a reliable financial foundation for your girl child’s future. Dive into this comprehensive guide featuring frequently asked questions (FAQs) to understand everything about this scheme and how it can benefit you.
What is Sukanya Samriddhi Yojana?
The Sukanya Samriddhi Yojana (SSY) is a savings scheme introduced by the Government of India under the Beti Bachao, Beti Padhao initiative. It’s designed to provide financial security for the girl child by encouraging parents to save for her higher education and marriage expenses
Who is Eligible to Open a Sukanya Samriddhi Account?
Parents or legal guardians can open an SSY account for a girl child who is:
- Below 10 years of age.
- Only one account per girl child is permitted.
- A maximum of two Sukanya Samriddhi Accounts is allowed for two daughters in a family.
Where Can You Open a Sukanya Samriddhi Account?
You can open the Sukanya Samriddhi Account account at any:
- Post office across India.
- Authorized bank branch (public or private sector).
- Sukanya Samriddhi Account (SSY) can be opened in bank like SBI, IDBI, ICICI.
What is the Minimum and Maximum Deposit Limit Sukanya Samriddhi Account?
Minimum Deposit: 250 per year (affordable for all families).
Maximum Deposit: 1.5 lakh per year (ideal for tax-saving investments).
You can deposit in one lump sum or in multiple installments throughout the financial year