Latest Sukanya Samriddhi Yojana interest rate: What is the SSY interest rate for April-June 2024 quarter?
economictimes.indiatimes.comSukanya Samriddhi Yojana Account (SSA) is designed to provide a bright future for your girl child and to promote welfare of Girl Child. Interest rate on Sukanya Samridhi Yojana (SSY) is revised every quarter by the government.
What is the SSA interest rate for latest quarter?
The interest rate of Sukanya Samriddhi Yojana scheme has been kept unchanged from previous quarter April-June 2024 quarter. The interest rate for for the April-June quarter stands at 8.2%.
Also read: Penalty for not depositing money in PPF, Sukanya Samriddhi Yojana by March 31 every FY
Who can open Sukanya Samriddhi Account
A natural or legal guardian can open an account for a girl child under the age of ten. Natural or legal guardian of a girl child are allowed to open the account for two girl children only. Note that only one SSY account can be opened in the name of the girl child either by natural or legal guardian.
Sukanya Samriddhi Yojana Scheme Account Opening Form
- Passport size photograph
- Copy of ID proof
- Birth Certificate copy of girl child
- Residence proof – as per RBI KYC policy
- Sukanya Samriddhi Yojana Scheme Account Opening Form
- Passport size photograph
- Copy of ID proof
- Birth Certificate copy of girl child
Can Sukanya Samridhi Yojna (SSY) account be closed before maturity?
- The account can be closed
- In the event of death of the account holder.
- In case of extreme compassionate grounds such as medical support in life-threatening diseases of the account holder or death of the guardian that the operation or continuation of the
