Sukanya Samriddhi Yojana Account – Saving scheme for Girl Child – Details & Review
In Jan 2015, the government has announced a new savings scheme called “SUKANYA SAMRIDDHI ACCOUNT” (SSA) / Sukanya Samridhi Yojna which is mainly for saving money for the girl child’s education and marriage. It provides tax benefit u/s 80C as well as Interest rate of 9.1%. 9.2%.
Interest rate for the current financial year 2015-16 is 9.20 per cent against 9.1 per cent in the previous year.
In the post below, we will try explain the features of this savings scheme and answer your queries related to benefits and drawbacks of SUKANYA SAMRIDDHI ACCOUNT, how can one open this account, when you can withdraw money from this account, how this account is compared to other investment options like PPF.
What is Sukanya Samriddhi Account?
Sukanya Samriddhi Account (SSA) is an saving deposit investme...