How to Save for your child’s future?

When a child is born his/her parents starts planning for his/her future. You too must have thought of whether you would want your child to be a lawyer, doctor, or engineer. Today there is plethora of career options to choose from, and we encourage parents to allow...

Comparison of Sukanya Samriddhi Yojana to PPF

Comparison of Sukanya Samriddhi Account Yojana to PPF Click here to download a Detailed Document containing all information pertaining to Sukanya Samriddhi Yojana S.No Features Sukanya Samriddhi Account Yojana Public Providend Fund 1. Who can Open an Account Only for...

Merits & Demerits of Sukanya Samriddhi Account Yojana

Merits & Demerits of Sukanya Samriddhi Account Yojana Merits of Sukanya Samriddhi Account Yojana : Higher rate of Interest at 8.5%, plus since the scheme is run by Government, it is a safe investment. Tax benefit in terms of EEE exemption. i.e. Deposit in the...

My Opinion on Sukanya Samriddhi Yojana

Sukanya Samriddhi Account Yojana is a good scheme but the features are more or less similar to PPF. Let’s have a look at the this scheme in a point by point manner. Rate of Interest is more, at 8.4% compared to 7.9% of PPF. But the Interest rate is not fixed, and may...