TRANSFER SSY
IRS big shock: Still relying on Social Security paper checks — major changes hit September 30
Social Security will no longer send paper checks for benefits. Thousands of retirees, SSI recipients, and disability beneficiaries must switch to direct deposit or the Direct Express® prepaid card to continue receiving payments on time. Nearly 400,000 people still rely on mailed checks, and this change is part of a nationwide effort to modernize federal payments, reduce fraud, and provide faster, safer access to benefits.
Vaishnaw talks up India’s electronics push; Angel One stock tumbles
Union minister Ashwini Vaishnaw said India is strengthening its domestic electronics manufacturing capabilities to reduce its reliance on China. This and more in today’s ETtech Top 5.
Now HDFC Bank is also offering SCSS accounts with 8.2% interest: Check documents required, eligibility
HDFC Bank has begun accepting deposits under the Senior Citizens' Savings Scheme, offering an attractive 8.2% interest rate. This government-backed scheme provides stable income for retirees.
Latest NSC interest rate 2025: What is the National Savings Certificate interest rate for January-March 2025?
Latest NSC interest rate: National Savings Certificate (NSC) is a government-backed scheme and is considered to be one of the safest investment options that offers a very attractive rate of interest. The main goal of the National Savings Certificate investment is to generate decent returns while also saving tax.
PPF, Senior Citizen Savings Scheme, SSY, NSC: Is it mandatory to submit Aadhaar to invest in small savings schemes?
Small savings scheme: Do you need to submit Aadhaar mandatorily in order to invest in small savings scheme? The answer is yes. According to a notification by the Ministry of Finance, Aadhaar is now mandatory for investing in PPF, SSY, NSC, and other small saving schemes.
PPF deposit: Finding it difficult to deposit money in your PPF account online? Here are different ways to invest before the April 5 date
How to invest in PPF: Those investing in the Sukanya Samriddhi Yojana (SSY) and the Public Provident Fund (PPF) should ensure that their contributions are deposited into the accounts before April 5 in order to maximize returns for the ongoing financial year, 2024-25.
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Last-minute tax-saving investment: Will investing in PPF and SSY on March 30 and March 31 qualify for tax benefits in FY 2023-24?
Tax savings options available on March 30 and 31: Individuals who want to make any tax savings investments in various govt schemes like public provident fund (PPF), Sukanya Samriddhi Yojana (SSY) and others can do so online and offline as banks are open on March 30 and 31st. Read here to know more.
Sukanya Samriddhi Yojana interest rate hiked for Jan-March quarter; check latest SSY rate
This program will help parents to fund their girl child’s higher education and/or marriage as well as ensure her financial future because it offers guaranteed interest income and tax deductions.
Canara Bank customers can make PPF, Sukanya Samriddhi Yojana contributions via NEFT from any bank
Canara Bank customers can now credit their Public Provident Fund and Sukanya Samriddhi Yojana accounts maintained at Canara Bank with this new facility.
What is the latest Sukanya Samriddhi Yojana interest rate?
The Sukanya Samriddhi scheme aims to cover a girl child's costs for schooling and marriage. Interest rate on Sukanya Samriddhi is set by the government along with other small savings schemes.
PPF or Sukanya Samriddhi Yojana: Where should you invest?
Only parents of a girl under the age of 10 years can open an SSY account. There is no such restriction for a PPF account.
How to transfer funds from bank account without adding beneficiary to PPF, Sukanya Samriddhi Yojana, PO savings account
The Public Provident Fund and Sukanya Samriddhi are two prominent small savings schemes that must be maintained by making yearly minimum contributions. Here is the procedure for transferring funds from a bank account to a PO Savings Account, a PPF account, or an SSA.
PAN, Aadhaar become mandatory for making investments in PPF, NSC, other small savings schemes
Earlier, the investment in post office schemes or small savings scheme could be done with Aadhaar number. This was done by using any other official valid documents. However, from now on investment in small savings scheme will be done if PAN and Aadhaar is submitted by the individual at the time of making investment.
Was Sukanya Samriddhi Yojana interest rate hiked for Jan-March 2023 quarter?
This programme will help parents to fund their girl child’s higher education and/or marriage as well as ensure her financial future because it offers guaranteed interest income and tax deductions.
What is current interest rate on Sukanya Samriddhi Yojana account?
Sukanya Samriddhi Yojana account holders anticipate an increase in the SSY interest rate in due to recent repo rate increases by the Reserve Bank of India and rising inflation.
PM Modi to inaugurate 75 digital banking units on Sunday, including 2 of J&K Bank
As part of the Union budget 2022-23, Finance Minister Nirmala Sitharaman had announced the setting up of the 75 DBUs in as many districts of the country to commemorate 75 years of India's Independence. The DBUs are being set up to ensure that the benefits of digital banking reach every nook and corner of the country. Eleven banks in the public sector, 12 in the private sector and one Small Finance Bank are participating in the endeavour.
What is the latest Sukanya Samriddhi interest rate?
The Sukanya Samriddhi Yojana was established to help parents save money for their daughters' future marriage and education costs.
How to open Sukanya Samriddhi Yojana Account with SBI
Parents or guardians can open a Sukanya Samriddhi Yojana account with SBI by filling out the SSY account opening form along with address and ID proof of parents or guardians with the initial amount and submit it at the nearest SBI branch.
SSY account transfer: How to transfer Sukanya Samriddhi account from one bank to another
Account holders must visit the post office or bank where their primary account is held to transfer Sukanya Samriddhi Yojana (SSY) account from one another bank. Unless she is managing the accounts herself, the girl child does not need to be present at the branch.
Sukanya Samriddhi Yojana: When SSY holders withdraw amount partially, fully
With the current rate of interest at 7.6%, the scheme encourages parents to set up money for their female child's future schooling and marriage expenditures. The SSY account can be opened at any post office or a commercial bank's authorised branch.
Post office savings account: How to activate Internet Banking and mobile banking
Net banking can help you in transferring funds between your own- and third-Party Post Office Savings Account, you can also deposit funds into your PPF and SSY accounts, etc.
Sukanya Samriddhi Yojana: Important watchouts before you invest
The EEE status of the scheme may not be a good enough reason to invest in it. Read on to find out if you should put your money in the scheme or not.
Service charges for post office savings account, schemes
Individuals having post office savings account or small savings scheme accounts have to pay certain charges. For instance, charges are levied for getting a duplicate passbook for a post office savings account or on the transfer of account etc.
How to invest in small savings schemes using the India Post Payments Bank app
The India Post Payments Bank (IPPB) offers a single view of all the post office investments and allows subscribers to manage thee efficiently. Subscribers are also able to deposit money online in their RD, SSY or PPF account using the IPPB application.
What is Sukanya Samriddhi Yojana? All you need to know
A Sukanya Samriddhi Account can be opened any time after the birth of a girl till she turns 10, with a minimum deposit of Rs 1,000.
Children's Day: 3 investment options for your kid's long-term needs
If you are in a spot as to where you should invest, read on to find about the three financial products you can consider for your child's long-term needs.
How to transfer Sukanya Samriddhi Yojana Account
The account can be opened when the girl child is below 10 and matures when she is 21. One can transfer the account opened in a post office to a bank and vice versa.
Know the new rules of the Sukanya scheme
There have been some changes in the scheme, but it continues to be among the best debt options.
'India, US should jointly work to bring stability to Afghanistan'
India and the US have a historic opportunity to work together in brining stability to the war-torn country.
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