top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

Facebook Login
Site Registration
Print Preview

What are the advantages of Sukanya Samriddhi Yojana started in Indian Budget, Is it better than PPF?

+2 votes
80 views
posted Mar 9, 2015 by Swati Arora

Share this question
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

2 Answers

+2 votes
 
Best answer

Hi Swati, investing in SSY is much better than investing in PPF.

First the interest rate that is 9.1 %
and, You can also apply for tax deduction benefit under section 80 C of Income Tax Act 1961.

Moreover you can also get complete information on the following website.

http://www.sukanyasamriddhiaccount.net

answer Mar 19, 2015 by Nisha Sahaay
0 votes

I think it was great tool to invest for girl child till the interest rate was highest. Now I don't think there is any difference between SSA or PPF. But yes, if you have a girl child, you can now utilize both the investment options to invest for long term.

For more details about this scheme and upcoming Govt schemes, please visit
http://sukanyasamriddhiaccount.com/

answer May 9, 2016 by anonymous
Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#470/147, 3rd Floor, 5th Main,
HSR Layout Sector 7,
Bangalore - 560102,
Karnataka INDIA.
QUERY HOME
...