ffreedom App - Money (Kannada)'s video: Money Scheme : Sukanya Samriddhi Yojana in Kannada Bhagya Lakshmi Scheme for Girl Child

Download the ffreedom app from the Play Store or App Store to learn more about this video - https://ffreedom.com/ytkannada Courses on Personal Finance https://ffreedom.com/kannada/personal-finance-courses Money Scheme : Sukanya Samriddhi Yojana in Kannada | Bhagya Lakshmi Scheme for Girl Child Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme in India that was launched in 2015. It is specifically designed to meet the financial needs of a girl child and encourage parents to save for their education and marriage. Under SSY, parents can open an account in the name of a girl child who is below the age of 10. The account can be opened at any authorized bank or post office, and a minimum deposit of INR 250 is required to open the account. The account can be opened until the girl child reaches the age of 10, and deposits can be made until she turns 18. SSY offers a number of benefits, including tax exemptions under section 80C of the Income Tax Act, high-interest rates, and partial withdrawal facilities. The scheme has a tenure of 21 years, during which deposits can be made until the girl child turns 18. After that, the account can be extended for a further period of three years. The Bhagya Lakshmi Scheme is a government initiative in the Indian state of Karnataka that aims to financially support the education and welfare of girl children. Under the scheme, the government provides a one-time payment. The scheme is meant to encourage families to send their girl children to school and to help reduce the financial burden of education on low-income families. The scheme is open to all families in Karnataka, regardless of their income level or caste. About Us: The ffreedom app is the largest livelihood education platform in India. The ffreedom app offers farmers and small business owners opportunities and knowledge to close the gap between their aspirations and skills. The ffreedom app is a part of IndianMoney.com. Over 96 Lakhs people in India may now choose from 1000+ courses in 6 languages from the freedom app. Learn from the courses in your language on personal finance, business and farming taught by super successful people from their respective fields. Join over 96 Lakhs learners from India who are on a mission to increase their income by ten times."