This is a government-backed small savings scheme aimed at securing the future of a girl child. As of January 1, 2024, the scheme offers an 8.2% annual interest rate, compounded yearly. Eligibility: ...

Sukanya Samriddhi Yojana not only offers high interest but also tax-free returns, thus making it one of the safest savings ...

(MENAFN- IANS) Motihari (Bihar), April 25 (IANS) Since the formation of the NDA government, the Sukanya Samriddhi Yojana (SSY), launched by Prime Minister Narendra Modi, has been transforming the ...

Kuljeet Singh Chahal on Thursday complimented the Education Department for achieving 98 per cent registration of girl students under the Sukanya Samriddhi Yojana. The scheme was launched by Prime ...

The Sukanya Samriddhi Yojana (SSY) is a government-backed scheme encourages savings for a girl child's education and marriage, with a minimum deposit of Rs 250 and a maximum of Rs 1.5 lakh annually.

Guaranteed Returns: The Sukanya Samriddhi Yojana is a government-backed scheme, providing a guarantee of returns upon maturity. Tax benefits under Senior Citizen Savings Scheme According to ...

The annual interest rate for the Sukanya Samriddhi Yojana will remain at 8.2% for the April-June 2025 quarter, making it one of the highest among post office savings programs.

and Sukanya Samriddhi Yojana (SSY) among others. In addition, the Investment Declaration form seeks information about the insurance premiums that will be paid (for life and health) of self and ...

Sukanya Samriddhi Yojana, Senior Citizen Savings Scheme and ... Small savings carry very high credit quality and are quasi sovereign. If the product’s liquidity terms suit you, go for it.

“Interest earned in statutory provident funds under Section 10(11), recognized provident funds up to 9.5% under Section 10(12), Sukanya Samriddhi accounts under Section 10(11A), and Post Office ...