What is the interest rate for Sukanya Samriddhi Yojana account?
The scheme currently provides an interest rate of 8.5 and tax benefits. As notified by the Government of India, the interest is compounded annually. This is 100% tax free account.
The deposited or withdrawal amount from this account is exempted from tax. The interest rate is increased from 8.1% to 8.5% for 2018-2019.
Sukanya Samriddhi Yojana - Recently Asked Questions
How can I change SSY (Sukanya Samriddhi Yojana), account guardian? My wife opened an SSY account in her SBI account. I want to transfer SSY account into my SBI account where PPF, NPS and other things can be managed from one place.
How can I update my daughter’s name in Sukanya Samriddhi Yojana? I have already opened SSY in the post office. Now, I want to add an initial to my daughter’s name on the birth certificate. Can I make the same changes in the SSY account?