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Sukanya Samruddhi Yojana details with example in Kannada 2024 // SSY account New Interest Rate calculator eligibility criteria maturity period age limit tax benefits etc. // RG TV Kannada • • #RGTVKannada • #SSYAccount • #SSYscheme • #ssy2024 • #SukanyaSamruddhiYojana • Sukanya Samriddhi Account is a Government of India backed saving scheme targeted at the parents of girl children. The scheme encourages parents to build a fund for the future education and marriage expenses for their female child. • You can deposit money in an SSY account either once per financial year or in smaller, regular instalments. However, you need to make a minimum payment of Rs. 250 per financial year to keep the account active and running and follow this criterion for a minimum payment period of 15 years • Sukanya Samriddhi Account provides a higher rate of interest than other Savings Plans that offer financial security for the girl child. Each financial year, the government declares the applicable interest rate for that year, while the interest on your investments is compounded yearly.

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