What is the rate of interest in Sukanya samriddhi Yojana in post office?
7.6 Annually
| Instrument | Interest rate (%) for October 1, 2021 to December 31, 2021 | Compounding frequency |
|---|---|---|
| 5-year National Savings Certificate | 6.8 | Annually |
| Public Provident Fund | 7.1 | Annually |
| Kisan Vikas Patra | 6.9 (will mature in 124 months) | Annually |
| Sukanya Samriddhi Yojana | 7.6 | Annually |
Can we open Sukanya samriddhi account in post office?
Opening a Sukanya Samriddhi Account in the country of India is extremely easy and hassle-free. All you need to do is present the mandatory documents, submit the proofs, and your account will be opened by the officials in no time!
What is the benefits of Sukanya samriddhi scheme?
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.
Which is best scheme in post office?
CRIF HIGH MARK TERMS AND CONDITIONS
| Small Savings Scheme | Interest Rate | Tax Deduction on Investment? |
|---|---|---|
| Post Office Time Deposit (4 year) | 6.7% | Yes |
| Kisan Vikas Patra (KVP) | 6.9% | No |
| Public Provident Fund (PPF) | 7.1% | Yes |
| Sukanya Samriddhi Yojana | 7.6% | Yes |
How can I get Sukanya Samriddhi Account from post office?
Online
- Step 1: Apply for login credentials.
- Step 2: Log in with the credentials.
- Step 3: After login, the homepage for Sukanya Samriddhi Yojana will appear.
- Step 4: Note that through this portal, you can only view your Sukanya Samriddhi Yojana account balance.
Where to get post office Sukanya Samriddhi Yojana form?
Get the account opening form from the post office or you can download it online from the Indian post office portal. You can check some other Post Office Sukanya Yojana details as well. A Post Office Sukanya Samriddhi Yojana account offers a plethora of benefits which is why it has become one of the most popular savings schemes
What is the tenure of Sukanya Samriddhi Account?
A Sukanya Samriddhi Account has a tenure of 21 years or until the girl child marries after the age of 18. Sukanya Samriddhi Yojana Interest Rates are declared by the government quarterly.
Where can I invest my money in Sukanya Samriddhi Yojana?
You can invest in this scheme through your nearby post office or designated branches of participating public and private banks. You will need to submit KYC documents like Passport, Aadhaar Card, etc. along with the required form and initial deposit by cheque/draft.
When was the Sukanya Samriddhi Yojana launched in India?
The scheme was launched in the year 2015 by the honourable Prime Minister under the Beti Bachao, Beti Padhao program. Sukanya Samriddhi Scheme is aimed to provide