The investments in Sukanya Samriddhi Account will be the special deposit scheme to the girl child that will allot about 9.1 percent interest in the present fiscal.
A Special Deposit Scheme for girl’s affluence Sukanya 9.1 percent in the present financial year on relation will be notice. The ministry of Finance for the fiscal year 2014-15, 9.1 percent profit on the investment money. The Finance Minister Arun Jaitley was announced about this scheme in the discussion of the budget speech. The account will be opened in the bank and also in the post office.
The finance Ministry said, “It has been decided to allow 9.1 per cent rate of interest on investments in the scheme during the financial year 2014-15.” The accounts will be registered in the name of girl child and can be opened in banks and in the post offices. The half of the donation can be inhibited for her higher education and marriage after she got into 18 years of age. In this scheme, an account can be opened upto 10 years of child.
The plan would develop on end of 21 years of the child from the date of registering of the account. The deposits can be made upto 14 years of the girl. Attaining the age of 10 years, the account owner can herself moderate the account. The plan is intended at acquiring the little savings and channelizing them for the growth of the infrastructure.