Sschemes: Invest in Sukanya Samriddhi Yojana and get these benefits
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It is very important for women to get financial equality, stability and independence. International Women’s Day is celebrated on March 8. There are many plans which are women-centric which can help women to plan their future and provide long term benefits to women.
What is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana (SSY) was launched in 2015. This is a savings scheme that was launched under the Beti Bachao Beti Padhao campaign. With the help of this program, parents can open a savings account for their girl child in an authorized commercial bank or India Post branch.
The interest rate for SSY accounts is 7.6%. You can use the Sukanya Samriddhi Yojana calculator to calculate your returns based on your investment and tenure.
Sukanya Samriddhi Yojana- Eligibility
The girl should be an Indian citizen.
The age of the girl child should not be more than ten years.
Sukanya Samriddhi Yojana account can be opened only for two daughters per family.
Sukanya Samriddhi Yojana- Calculator
After a person qualifies for Sukanya Samriddhi Yojana, they should enter the age of the girl child and the required investment amount in the calculator. The minimum and maximum contribution to the program is Rs 250 and Rs 1.5 lakh respectively.
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