The Sukanya Samriddhi Yojana (SSY) scheme is mainly focused on a girl child and her future. Sukanya Samriddhi Yojana Deposit Rules-The SSY account can be opened at any government bank or post office with an initial deposit of Rs 250. -If the account is not regularised within the period stated, the entire deposit made before the default year will be liable for an interest according to the prevailing interest rate. Interest Rate and Tax Benefits:For the quarter ending on September 2021, the deposit in the SSY account will be entitled to an interest rate of 7.6 per cent per annum. In case of death, the post office saving account rate will apply from the date of death to the date of final payment.

Source: dna July 26, 2021 02:15 UTC