Sukanya Samriddhi Yojana News
Small savings schemes: Interest rates on PPF, SSY, SCSS remain unchanged for January-March quarter; Check rates
Small savings schemes: The interest rates for small savings schemes have remained unchanged for the last four quarters. The government last made changes for some schemes in the fourth quarter of last fiscal.
2 min read31 Dec 2024Sukanya Samriddhi Account to PPF: Guidelines for irregular small savings schemes effective today, October 1
New guidelines for irregular accounts in small savings schemes have been released by the Ministry of Finance, impacting minor PPF, and Sukanya Samriddhi accounts. Effective October 1, 2024, these accounts will not accrue interest
2 min read2 Oct 2024Sukanya Samriddhi Yojana: SSY interest rate hits 8.2% for July-Sep ’24; here’s how much you get by investing 10k monthly
The Sukanya Samriddhi Yojana (SSY) continues to be a popular investment option for parents seeking to secure their daughters’ financial futures.
1 min read6 Sep 2024PPF to Sukanya Samriddhi Yojana: New rules for small savings schemes from 1st October you should know
New guidelines from the Ministry of Finance aim to regularise irregular accounts in National Small Savings Schemes, impacting NSS, PPF for minors, and Sukanya Samriddhi accounts
1 min read8 Sep 2024Is relying solely on Sukanya Samriddhi enough, or should you invest in equity funds too?
Sukanya Samriddhi Yojana is a strong debt instrument but may not be sufficient alone for future education and marriage costs due to inflation and withdrawal limits. Complementing it with equity funds through SIPs can provide higher returns and better meet future financial goals.
4 min read28 Jul 2024Dividend paying stock: Coal India dividend declared in FY24 beats PPF, bank FD, SSY returns
Dividend paying stock: Coal India shares rise over 100% in FY24
1 min read2 May 2024Higher interest rates than Sukanya Samriddhi Yojana? These six banks offer best interest rates. What should you do?
Some banks offer higher interest rates on Fixed Deposits (FDs) compared to Sukanya Samriddhi Yojana (SSY), making FDs more appealing for investors seeking fixed returns
3 min read1 May 2024Attention PPF, SSY, NPS account holders! Do this by March 31 or else...
Various tax-saving investment avenues like PPF, SSY, and NPS require minimum contributions by March 31 to stay active. Failure to do so can lead to penalties and dormant accounts
1 min read31 Mar 2024Sukanya Samriddhi Yojana: How to accumulate ₹69 lakh when your girl turns 21
SSY interest rate: The central government has declared 8.2% rerturn for the Sukanya Samriddhi Yojana account holders for Q4FY24
2 min read8 Mar 2024This is why Sukanya Samriddhi Yojana may not be enough for your child’s future
The structure of an SSY account is such that there are few restrictions and rules that make it less investor friendly. Read further to know more on this
4 min read9 Aug 2022Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared