Sukanya Samriddhi Yojana: This small savings scheme offers massive interest rate to investors; Know benefits
If you are a parent and thinking about a bright future for your daughter, then you must know about this small savings scheme called Sukanya Samriddhi Yojana (SSY), which offers a massive interest rate to investors. This scheme offers an attractive rate of interest which is higher than many other small saving schemes. The current rate of interest on this scheme is 7.6 per cent
Government had, on Wednesday, announced a cut in the interest rates offered in small savings schemes but withdrew the order on April 1 itself. Source: PTI