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Thursday, September 6, 2018

Sukanya Samriddhi Yojana

Parents of a girl child can invest in SSY for higher education and marriage purposes. The scheme was launched under the government's 'Beti Bachao Beti Padhao' campaign. The account can be opened at any post office or authorised bank branch. It has a lock-in period of 21 years. Partial withdrawals are allowed subject to certain conditions. You can invest a minimum of Rs 1,000 and maximum of Rs 1.5 lakh in a financial year.


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