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sukanya samriddhi yojana interest rate 2020
A Sukanya Samriddhi Yojana Calculator helps you to determine the returns you receive as well as the invested amount and tenure.

Some of the benefits of SSY calculators are: Shows the year of maturity for your SSY account. The Government has ensured that the Sukanya Samriddhi Account interest rate is lucrative enough for parents to be encouraged to invest more for the future security of the girl child. The Sukanya Samriddhi Yojana ( सुकन्या समृद्धि योजना ) interest rate FY 2020 is 7.6%, compounded annually. The interest rate for the financial year 2019-2020 for period between 1 January 2020 to 31 March 2020 was 8.40%. The following are the historic interest … Sukanya Samriddhi Yojana Interest Rate 2020. Currently, the Sukanya Samriddhi Yojana interest rate stands at 7.6%. Interest rate revisions Sukanya Samriddhi yojana is the part of Beti Bachao, Beti Padhao campaign. The government has made rate of interest in this scheme lucrative enough for parents and guardians to pour in more and more money for the security of their girl child. SSY scheme offers attractive rates of interest that is similar to other small savings scheme. Interest rates in Sukanya Samriddhi Yojana. Sukanya Samriddhi Yojana Interest Rates 2020. In the year 2020, the government has reduced the interest rates on various small saving schemes including the Sukanya Samriddhi Yojana (SSY).
The interest rate for Sukanya Yojana for the current year 2019-20 is set to be 8.4% compounded yearly. Sukanya Samriddhi Yojana is a long-term investment scheme that enables you to generate a high rate of interest. The interest rate is fixed by the government and revised quarterly. Sukanya Samriddhi Yojana encourage to parents for save the girls and collect fund for girls future. The scheme provide current rate is 4% quarterly (in July-September 2019).