After 21 years, this account will mature. Lock-in-Period : The amount is required to be deposited for 15 years. Sukanya Samriddhi Yojana(SSY) Account : In lines with the Beti Bachao, Beti Padhao campaign, this scheme was launched on 22nd January 2015 by Prime Minister Narendra Modi.Įligibility : Resident Individual parents having a girl child can invest in this scheme till the age of 10.Īmount of Investment : The minimum limit of deposit under this account is Rs 250 annually and the maximum limit is Rs 1,50,000.Taxability : It’s EEE rated which means its tax exempt at the time of investment, returns and withdrawals. Lock-in-Period : The PPF account matures after 15 years but part of the money can be withdrawn after 7 years. 500 and limit for maximum deposit is Rs 1,50,000 during a year. Amount of Investment : The minimum deposit limit is Rs.
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