Tuesday, January 26, 2021
  • About us
  • Contact
  • Privacy Policy
  • Sitemap
Business Khabar
  • World
  • India
  • Business
  • Tech
  • Money
  • Startups
  • Lifestyle
  • Other
    • Top Stories
    • Entrepreneur
No Result
View All Result
Business Khabar
  • World
  • India
  • Business
  • Tech
  • Money
  • Startups
  • Lifestyle
  • Other
    • Top Stories
    • Entrepreneur
No Result
View All Result
Business Khabar
No Result
View All Result
Home Money Schemes

Sukanya Samriddhi Yojana: Open SSY account for just 250 rupees, 64 lakh will be available after 21 years

Nisha Chawla by Nisha Chawla
October 2, 2020
in Schemes
0
Sukanya Samriddhi Scheme can open such an account under Sukanya Samriddhi Yojana for good future of daughter
588
SHARES
3.3k
VIEWS
Share on FacebookShare on Twitter

You might also like

Post Office: How much tax can you save from NSC, money safe with better returns; Know everything

Budget 2021: Government can reduce unemployment by increasing budget on skill development scheme, economy will get boost

PMKVY 3.0: Government launched the third phase of Pradhan Mantri Kaushal Vikas Yojana, 8 lakh youth will get training; How to register

Sukanya Samriddhi Yojana: If you want to earn big profits by investing small amounts (Best Investment Plans), then you can invest in the Central Government’s Sukanya Samriddhi Yojana (SSY Account). The special thing is that in this scheme you will get interest at the rate of 7.6 per cent per annum. By investing 14 years in this scheme, a hefty amount of money is prepared by the age of 21 years, which can be used in the future of the daughter. An amount of about 64 lakh can be obtained at maturity by depositing maximum in the scheme.

PPF Vs SSY: Where to deposit money for children?

How to open an account?
In this scheme one has to visit the nearest post office to open an account. Here daughter’s birth certificate, parents’ Aadhaar card, three photos and at least Rs 250 will have to be submitted. After this your account will be opened.

How much investment will have to be made?
Under Sukanya Samriddhi Yojana, you can deposit minimum Rs 250 and maximum Rs 1.50 lakh. To take advantage of this scheme, the girl’s age must be below 10 years. In this scheme, the interest rate is revised quarterly.

Benefit of tax exemption
Tax exemption is given under Section 80C of the Investment Income Tax Act under Sukanya Samriddhi Yojana. If the daughter turns 18 and needs money for studies or her marriage, then you can withdraw up to 50 percent of the deposit amount.

7.6 percent interest (interest rate in SSY account 2020)
Sukanya Samriddhi Yojana gets an annual interest rate of 7.6% on the investment. The parents of this scheme have to invest only for 14 years. After this, maturity is attained when it is 21 years. After 14 years, interest on closing amount will be 7.6% per annum.

Post Office Small Savings: If you are also thinking of investing in small savings, then hurry up

Previous Post

India’s exports rose 5.27% in September after 6 consecutive months of decline, Gold imports fell by 52.85%

Next Post

Advantages of more than one insurance plan, low premium with better coverage

Nisha Chawla

Nisha Chawla

Related Posts

Post Office: How much tax can you save from NSC, money safe with better returns; Know everything
Schemes

Post Office: How much tax can you save from NSC, money safe with better returns; Know everything

by Business News
January 21, 2021
Union Budget 2021 government may increase pradhanmantri kaushal vikas yojana pmkvy budget to boost employment in budget presented by nirmala sitharaman pm modi
Schemes

Budget 2021: Government can reduce unemployment by increasing budget on skill development scheme, economy will get boost

by Business News
January 16, 2021
PMKVY 3.0: Government launched the third phase of Pradhan Mantri Kaushal Vikas Yojana, 8 lakh youth will get training; How to register
Schemes

PMKVY 3.0: Government launched the third phase of Pradhan Mantri Kaushal Vikas Yojana, 8 lakh youth will get training; How to register

by Business News
January 15, 2021
NFO
Investments

NFO: Can become rich by investing Rs 5000, the opportunity to invest money in this scheme till January 29

by Business News
January 15, 2021
PMKVY 3.0: Government launched the third phase of Pradhan Mantri Kaushal Vikas Yojana, 8 lakh youth will get training; How to register
Schemes

PMKVY 3.0: How to avail benefits of Pradhan Mantri Kaushal Vikas Yojana, third phase will start from January 15

by Business News
January 14, 2021
Next Post
Simple Life Insurance: How Life Insurance Policy Will Become Easier Next Year, Learn Everything

Advantages of more than one insurance plan, low premium with better coverage

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Recommended

Kia Sonet Reveal Tomorrow: Sonnet will be presented tomorrow, know

Kia Sonet Reveal Tomorrow: Sonnet will be presented tomorrow, know

August 6, 2020
Income Tax beware of these mistakes to get your IT refund on time

Income Tax: Beware of these mistakes, there will be no delay in income tax refund

January 18, 2021

Don't miss it

The story of this man, who earned 18000 crores without any capital investment, is full of inspiration.
Top Stories

The story of this man, who earned 18000 crores without any capital investment, is full of inspiration.

January 26, 2021
Tata Safari Unveil, 2021 tata safari launch, 2021 tata safari, new tata safari price, new tata safari features, tata safari engine and transmission
Automotive

Tata Safari Unveil Today: A curtain lifted from the new Tata Safari, will get 170hp power generating diesel engine; Variants, features details

January 26, 2021
phone numbers of more than sixty lakh indian facebook users are on sale privacy violation through telegram
Tech

Phone numbers of more than 60 lakh Indian Facebook users are being sold, messing with privacy through telegram

January 26, 2021
FAU-G Launched in india PUBG option is available for download know how to install and all details
India

FAU-G Launch: Indian Alternative Download of PUBG Mobile Now Available, Where and How to Download

January 26, 2021
protesting farmers enter Red Fort in Delhi wave flags from the ramparts of the fort ON 26TH JANUARY REPUBLIC DAY
India

Farmers’ Protest: Red Fort occupied by protesters, violent agitation

January 26, 2021
Republic Day 2021 rafale fighter jet included on parade for the first time shows indian strength
India

Republic Day 2021: Rafael’s show for the first time on Republic Day, showcasing India’s strength in the sky

January 26, 2021
Business Khabar

Business Khabar provides the latest news about market, financial, tech, sports and business news from around the world.

Learn more

Categories

  • Automotive
  • Business
  • Car & Bike
  • Career
  • Entrepreneur
  • Fashion
  • Featured
  • Finance
  • Food
  • Health
  • India
  • Industries
  • Insurance
  • Investments
  • Lifestyle
  • Money
  • Opinion
  • Real Estate
  • Schemes
  • Share Market
  • Startups
  • Tech
  • Top Stories
  • Travel
  • uncategorized
  • World

Important

JIOMART FASHION

BUSINESS PLAN

ATUM 1.0 BIKE

UPCOMING IPO

VEGETABLE BUSINESS

MARUTI UPCOMING CARS

BUSINESSMEN STORY

TERACUBE 2E

BUSINESS AFTER LOCKDOWN

IPL COACH SALARY

CSC REGISTRATION

 

Recent News

The story of this man, who earned 18000 crores without any capital investment, is full of inspiration.

The story of this man, who earned 18000 crores without any capital investment, is full of inspiration.

January 26, 2021
Tata Safari Unveil, 2021 tata safari launch, 2021 tata safari, new tata safari price, new tata safari features, tata safari engine and transmission

Tata Safari Unveil Today: A curtain lifted from the new Tata Safari, will get 170hp power generating diesel engine; Variants, features details

January 26, 2021
phone numbers of more than sixty lakh indian facebook users are on sale privacy violation through telegram

Phone numbers of more than 60 lakh Indian Facebook users are being sold, messing with privacy through telegram

January 26, 2021

Copyright © 2020 Business Khabar

No Result
View All Result
  • Home
  • World
  • Business
    • Automotive
    • Industries
    • Startups
    • Entrepreneur
  • Tech
  • Money
    • Schemes
    • Investments
    • Finance
  • Lifestyle
    • Fashion
    • Food
    • Health
    • Travel
  • Reviews
    • Car & Bike
  • Top Stories
  • Contact Us
  • Real Estate
  • Contact
  • About us

Copyright © 2020 Business Khabar

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.