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What is the interest rate for Sukanya Samriddhi Yojana account?

answer

J

Jai

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.

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