The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed to secure the future of a girl child. It offers attractive interest rates and tax benefits, making it a popular choice for parents looking to invest in their daughter’s education and marriage.
Key Features:
Benefits:
- High Returns: The attractive interest rate offered by SSY ensures significant returns on investment.
- Tax Benefits: Potential tax advantages can further enhance the overall returns.
- Secure Investment: Backed by the government, SSY is a safe and reliable investment option.
- Early Marriage Prevention: The scheme can help prevent child marriage by providing financial security for the girl child’s education and future.
How to Open an SSY Account:
Investment and Maturity:
- Annual Investment: Invest a minimum of ₹250 and a maximum of ₹1.5 lakhs annually.
- Maturity: The account matures when the girl child turns 21 years old.
- Returns: With regular investments and the current interest rate, you can expect substantial returns at maturity.
The Sukanya Samriddhi Yojana is a valuable investment option for parents seeking to secure their daughter’s future. By providing attractive returns, tax benefits, and a safe investment environment, SSY can help create a strong financial foundation for a girl child’s education and marriage.
The post Sukanya Samriddhi Yojana (SSY): A Secure Investment for Your Daughter’s Future first appeared on indias news.
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