What is Sukanya Samriddhi Yojana ?
Answered on April 12,2024
It is one of the scheme issued by the government for girls and it helps to parents to save their money
Answered on March 15,2019
Sukanya Samriddhi Yojana is a saving scheme by the Government of India targeted at the parents of girl children.
Sukanya Samriddhi Yojana scheme helps parents to save money for the future education and marriage expenses for their female child. Sukanya Samriddhi Yojana scheme offers a very high interest rate (8.5%) and the account can be opened for a girl child up to 10 years of age.
Scheme provides a premature withdrawal facility. ie; when the girl attain 18 years of age one can withdraw 50% of the deposited amount for her higher education purpose.