{"id":11137,"date":"2019-04-22T10:42:12","date_gmt":"2019-04-22T05:12:12","guid":{"rendered":"https:\/\/www.apnaplan.com\/?p=11137"},"modified":"2019-06-28T22:31:44","modified_gmt":"2019-06-28T17:01:44","slug":"sukanya-samriddhi-interest","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/sukanya-samriddhi-interest\/","title":{"rendered":"Sukanya Samriddhi Yojana Interest Rate 2019"},"content":{"rendered":"\n

What is the interest rate for Sukanya Samriddhi Yojana for 2019<\/strong>? How and when does the interest rates change? How the interest rate for SSY account has changed historically? This post answers all the above questions.<\/p>\n

Sukanya Samriddhi Yojana is a very popular small deposit scheme for girl child guaranteed by Government of India to encourage savings for girl child for their education and marriage.<\/p>\n

How and when does the interest rates change?<\/h2>\n

Starting April 2016, Government of India announces interest rate on small saving schemes including Sukanya Samriddhi Account<\/strong>, PPF, Senior Citizen Savings Scheme, Post Office Fixed and Recurring Deposits every quarter<\/strong>. This is done to keep these interest rates in sync with the market rates.<\/p>\n

The table below shows the interest reset schedule:<\/p>\n

\"Quarterly
Quarterly Interest Reset Schedule for Small Savings Schmes<\/strong><\/figcaption><\/figure>\n
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Download: Excel based Income Tax Calculator for FY 2019-20<\/a><\/p>\n<\/blockquote>\n

Sukanya Samriddhi Yojana Interest Rate:<\/h2>\n

Sukanya Samriddhi Yojana was launched in January 2015 and at that time the interest rate was 9.1%. It went up to 9.2% for FY 2015-16 and presently at 8.4%. The table below lists the interest rates:<\/p>\n

Based on Financial Year:<\/span><\/p>\n\n\n\n\n\n\n\n\n\n
Financial year<\/strong><\/td>\nApr – Jun<\/strong><\/td>\nJul – Sep<\/strong><\/td>\nOct – Dec<\/strong><\/td>\nJan – Mar<\/strong><\/td>\n<\/tr>\n
2019 – 20<\/strong><\/td>\n8.50%<\/td>\n8.40%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
2018 – 19<\/strong><\/td>\n8.10%<\/td>\n8.10%<\/td>\n8.50%<\/td>\n8.50%<\/td>\n<\/tr>\n
2017 – 18<\/strong><\/td>\n8.40%<\/td>\n8.30%<\/td>\n8.30%<\/td>\n8.10%<\/td>\n<\/tr>\n
2016 – 17<\/strong><\/td>\n8.60%<\/td>\n8.60%<\/td>\n8.50%<\/td>\n8.50%<\/td>\n<\/tr>\n
2015 – 16<\/strong><\/td>\n9.20%<\/td>\n9.20%<\/td>\n9.20%<\/td>\n9.20%<\/td>\n<\/tr>\n
2014 – 15<\/strong><\/td>\nx<\/td>\nx<\/td>\nx<\/td>\n9.10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Based on Calendar Year:<\/span><\/p>\n\n\n\n\n\n\n\n\n
Year<\/b><\/td>\nJan – Mar<\/strong><\/td>\nApr – Jun<\/strong><\/td>\nJul – Sep<\/strong><\/td>\nOct – Dec<\/strong><\/td>\n<\/tr>\n
2019<\/strong><\/td>\n8.50%<\/td>\n8.50%<\/td>\n8.40%<\/td>\n\u00a0<\/td>\n<\/tr>\n
2018<\/strong><\/td>\n8.10%<\/td>\n8.10%<\/td>\n8.10%<\/td>\n8.50%<\/td>\n<\/tr>\n
2017<\/strong><\/td>\n8.50%<\/td>\n8.40%<\/td>\n8.30%<\/td>\n8.30%<\/td>\n<\/tr>\n
2016<\/strong><\/td>\n9.20%<\/td>\n8.60%<\/td>\n8.60%<\/td>\n8.50%<\/td>\n<\/tr>\n
2015<\/strong><\/td>\n9.10%<\/td>\n9.20%<\/td>\n9.20%<\/td>\n9.20%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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Download: Excel based Sukanya Samriddhi Yojana Calculator<\/a><\/p>\n<\/blockquote>\n

\"Sukanya
Sukanya Samriddhi Yojana Interest Rate<\/strong><\/figcaption><\/figure>\n

Sukanya Samriddhi Yojana \u2013 Rules:<\/h2>\n

Below are some basic rules for SSY Account:<\/p>\n