Sukanya Samriddhi A/C

Small Savings Scheme, Govt Schemes, Online Banking Guide

6 Comments

Add a Comment
  1. So, as per mentioned difference between SSA and PPF, I think PPF is much better scheme as PPF giving more benefits except 9.2% of interest.

    1. Hi Mandeep,
      Off-course PPF is better if you think from investment point of view. But Sukanya has its own benefits & motive associated with this. This scheme is started under Beti Bachao, Beti Padhao campaign with a social message to save only for the girl child’s future expenses.
      The partial withdrawal clause of SSA is very strong, as one can withdraw for the child’s higher education purpose and that is too only after the girl attains the age of 18 years. This in a way forces the guardian to save for that reason.

  2. Hi Manidipa,
    Is PPF only for indian citizens?
    My daughter is USA citizen, but we are Indian citizens and we will return to India soon.
    Is my daughter eligible for PPF?
    As I know she is not eligible for SSA.
    Thanks,
    Raju

  3. Hi Manidipa,

    Thank you for the detailed information.

    I’ve a PPF account which is active for 3 years. Can I transfer partial or full amount from my PPF to SSA, which I’m going to open in this month ?

    Kindly let me know full details in any case.

    Regards,
    Sekhar

  4. Wht abt interest on PPF or Sukanya ? Is it taxable ??

  5. Hi, In SSA after 21years I.e after maturity can the total amount be withdrawn? If yes by whom and If no then in which situation we can withdraw total amount?

Leave a Reply

Your email address will not be published. Required fields are marked *

Sukanya Samriddhi Account © 2016 Frontier Theme