International Women's Day 2024: How Rs 5K monthly investment can become Rs 28 lakh in this scheme
International Women's Day 2024: International Women's Day marks the achievements of women in all walks of life. It shows how empowered and independent they have become over the years. Financial freedom is equally important for them. If a parent starts investing for her girl child when she is under 10 years old, by the time she crosses her teen years, the parent will have a sizeable corpus for her. Sukanya Samriddhi Yojana (SSY) is one such scheme where regular deposits as low as Rs 5,000 a month can help one get a maturity amount of nearly Rs 28 lakh. Know how it is possible.
Sukanya Samriddhi Yojana offers 8.2 per cent interest calculated and compounded yearly. Photo: Pixabay/Representational