Minimum Annual Deposit Of Sukanya Samriddhi Account Slashed To Rs 250

INSUBCONTINENT EXCLUSIVE:
Interest rate on Sukanya Samriddhi Scheme has been fixed at 8.1% per annum for the September quarter.
The minimum deposit for government-backed small savings scheme for the girl child, Sukanya Samriddhi, has been slashed to Rs 250 from Rs
1,000
This means that customers need to make a minimum annual deposit of only Rs 250 in this account, reported news agency Press Trust of India
The maximum yearly deposit, however, stands unchanged at Rs 1,50,000
Under the Sukanya Samriddhi Yojana, a parent or legal guardian can open the account in the name of the girl child until she attains the age
of 10 years