Tag: SSY Calculator

Premature Closure of SSY Account

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When a girl reaches the age of 18 years, she can close her account prematurely to pay for her marriage expenses. However, there are some special circumstances in which she can close her account and withdraw her account balance: An account holder’s untimely death Parents or legal guardians of the registered girl child are eligible … Read More “Premature Closure of SSY Account” »

Sukanya Samriddhi Yojana – Overview

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SSY Calculator

The Benefits of the Sukanya Samriddhi Yojana Interest at a high level With Sukanya Samriddhi Accounts, girls are offered financial security at a higher rate than with other Savings Plans. Interest is compounded annually on your investments and declared by the government each year. The power of compounding will allow you to increase the value … Read More “Sukanya Samriddhi Yojana – Overview” »