About Pradhan Mantri Sukanya Samriddhi Yojana Scheme:
Indian Prime Minister Shri Narendra Modi is launched one of popular Indian government scheme called Sukanya Samriddhi Yojana. The main aim of this scheme is saving the girl child percentage in the country through this scheme you can save money for her higher education and also for her wedding expenses. The public will accept this scheme very well and it can help as financial security also money dependency to women. This wonderful scheme was launched in 2015 January
Features for PM Sukanya Samriddhi Yojana Scheme:
Sukanya Samriddhi Yojana is availed for any girl child having 10 years or less
The account can be maturity after 21 years from the date of opening account
Rs 1, 50, 000 is the maximum amount can be deposited in account
Account can open any post office also at authorized banks
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This scheme has 8.6% interest per annum which is more than other schemes in the market.
If the girl child gets 18 years then the partial withdrawals can do for her marriage or higher studies
This scheme account can be open by
the parents or guardian of girl also operated until the age of 18 years
Sukanya Samriddhi yojana is the movable deposit scheme means it
can transfer from authorized bank to another bank also from post office to bank and vice versa
For one girl only one account, multiple accounts are not allowed
Girl reached 18 years then up to 50% deposit amount can be
prematurely withdrawn for her purposes
If in case the account not credited with amount by the given date then you have to pay Rs 50 extra
If the sukanya samriddhi yojana account is
not closed after the account maturity (or girl child turns 21 years) money not withdrawn then account continues to earn the interest
In general, the higher the potential return, the higher the risk of potential loss.
Although some funds are less risky than others, all funds have some level of risk –
it’s never possible to diversify away all risk also –
even with so-called money market funds This is a fact for all investments.
Each mutual fund has a predetermined investment objective that tailors the fund’s assets also regions of investments and investment strategies.
At the most basic level, there are three flavors of mutual funds also :
those that invest in stocks (equity funds) also those that invest in bonds (fixed-income funds),
Those that invest in both stocks and bonds (balanced funds), And those that seek the risk-free rate
(money market funds) also. Indian Coast Guard Recruitment