Sukanya Samriddhi Yojana: How to get over Rs 70 lakh corpus from SSY account - check calculator, tax benefits & more details - top facts

Quick Summary:

Sukanya Samriddhi Yojana (SSY) is a government savings scheme for the girl child.It offers an 8.2% interest rate and tax benefits under Section 80C.

Parents can invest up to Rs 1.5 lakh annually.

The account becomes dormant if the minimum deposit requirement is not fulfilled in any financial year.

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Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaJapanNorway

Topics: SSY interest rate Sukanya Samriddhi Yojana calculator Sukanya Samriddhi benefits Tax benefits of SSY Business news SSY account maturity Sukanya Samriddhi Yojana

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Article Type: News Report

Published On: 2024-12-16 @ 21:00:00 (2 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 946 words

Reading Time: 6 minutes read

Sentences: 48 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Times of India

News ID: 24434248

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