Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed for the girl child in India. Parents/guardians can open one account per girl child below 10 years of age. Contributions are made for 15 years, and the account matures 21 years after opening. SSY currently offers around 8% annual interest, fully tax-free under EEE — making it one of the most attractive small savings schemes.
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed for the girl child in India. Parents/guardians can open one account per girl child below 10 years of age. Contributions are made for 15 years, and the account matures 21 years after opening. SSY currently offers around 8% annual interest, fully tax-free under EEE — making it one of the most attractive small savings schemes.
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