Loan, Personal Loan, Home Loan, Business Loan,Loans in India Loan in India, Personal Loan, Home Loan, Business Loan, Loans in India,Loan Finance,Loan in India, Get Instant Personal Loan,Home Loan, Business Loans in India
Sukanya Samriddhi Yojana account: 5 things to know about the Sukanya Samriddhi Yojana account
[ad_1]
1.SSY account can be opened in the name of a girl child till she attains the age of 10. It is allowed only for two female children, and a third child only in case of twin girls during a second birth or triplets in the fi rst birth.
2.A minimum deposit of Rs.250 and a maximum deposit of Rs.1.5 lakh in a financial year.
3.The money invested is eligible for Section 80 C deduction.
4.Maturity is on completion of a period of 21 years from the date of opening of account.
5.The current rate of interest is 7.6% per annum, calculated on a yearly basis and compounded annually.
[ad_2]
2.A minimum deposit of Rs.250 and a maximum deposit of Rs.1.5 lakh in a financial year.
3.The money invested is eligible for Section 80 C deduction.
4.Maturity is on completion of a period of 21 years from the date of opening of account.
5.The current rate of interest is 7.6% per annum, calculated on a yearly basis and compounded annually.
Content on this page is courtesy Centre for Investment Education and Learning (CIEL).
Contributions by Girija Gadre, Arti Bhargava and Labdhi Mehta.