An increase in interest rates have made Sukanya Samriddhi Yojana even more attractive to people. The central government-backed scheme aimed at the security of female child can be an attractive investment option.
An increase in interest rates have made Sukanya Samriddhi Yojana even more attractive to people. The central government-backed scheme aimed at the security of female child can be an attractive investment option.
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What is Sukanya Samriddhi Yojana?
Launched in 2015, the scheme is aimed at safety and well being of girl child. As per the scheme, a single account can be opened in the name of a girl child who is not more than ten years old by the parent or guardian. The account could be opened in any commercial bank or post office by the parent or guardian easily.
What is the minimum deposit?