PRADHAN MANTRI SUKANYA SAMRIDDHI YOJANA (PMSSY) BANK ACCOUNT SCHEME BENEFITS

Is it accurate to say that you can't set aside cash for your little girl's future? Sukanya Samriddhi Yojana encourages you to set aside more cash with least stores: 

WHAT IS PMSSY (PRADHAN MANTRI SUKANYA SAMRIDDHI YOJANA)

- Under this scheme, a savings bank account can be opened for your daughter (less than 10 years old).

- It helps you save money for her education and marriage

BENEFITS OF PMSSY (PRADHAN MANTRI SUKANYA SAMRIDDHI YOJANA)

- This requires the least deposit of Rs. 250 per year

- A maximum of Rs 1.5 Lakhs per year can be deposited

- One of the parents can save 100% of their income tax under this project

- The amount in this account remains tax-free even after 21 years (maturity period)

HIGH - INTEREST RATE AND OTHER SERVICES

- This account has a higher interest rate than other Government schemes

- The account can be closed any time before maturity

- 50% of the total savings can be withdrawn for her college education

Note: Visit your nearest bank for more details.