Sukanya samriddhi yojna SBI
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Sukanya samriddhi yojna is a small deposit scheme of the government of India meant exclusively for a girl child and is launched as a part of Beti Bachao Beti Padhao compaign.The scheme is meant to meet the education and marriage expenses of a girl child. Sukanya samriddhi yojna interest rate Currently, the interest rate of SSY scheme was reduced 7.6% and it is compounded on a yearly basis. Interest is not payable once the duration of the scheme is completed or if the girl becomes a Non-resident Indian (NRI) or a non-citizen. The rate of interest is decided by the government and is determined on a quarterly basis. How to open a Sukanya Samriddhi Yojana account? · Fill out the SSY Account opening form · Keep the documents ready along with photographs · Pay the deposit amount rs 700/- · You can give a standing instruction at the branch or you can set up automatic credit to SSY Account through NetBanking. Documents you need to open Suka