How to transfer money to Sukanya Samriddhi account online?

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Investment

oi-Vipul Das

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While preferring tax saving strategies, people who have a daughter choose the Sukanya Samriddhi (SSA) account. The government has kept interest rates unchanged on the small savings plans, as well as the Sukanya Samriddhi account, for the January-March quarter. Every quarter, the interest rates for small savings are adjusted. After opening an SSY account, with India Post Payments Bank (IPPB) app, you can manage your account online while on the go.

What is the DakPay digital payment app?

The government unveiled the “DakPay” digital payment app last month. The post office and IPPB members can also take advantage of this. The supported digital financial and banking services offered by India Post and IPPB are brought to you by DakPay. It also provides services like online money transfer, QR code scanning and electronic payment for services and merchants. The government unveiled the “DakPay” digital payment app last month. The post office and IPPB members can also take advantage of this. The supported digital financial and banking services offered by India Post and IPPB are brought to you by DakPay. It also provides services like online money transfer, QR code scanning and electronic payment for services and merchants. It will also provide interoperable banking facilities to every bank in the country for existing customers and account holders.

How to deposit money into the RD account of the post office online? How to deposit money into the RD account of the post office online?

SSY interest rate

The SSY interest rate is determined by the government and is adjusted quarterly. In the Sukanya Samriddhi account, the minimum contribution is Rs 250 per fiscal year and the limit is Rs 1.5 lakh. SSA has a maturity of 21 years from the date of opening the account. This small postal savings plan is currently earning an interest rate of 7.6% to eligible depositors.

Steps to deposit money to SSY account online through IPPB app

  • First you need to transfer or add money from your savings account to the IPPB account
  • Now go to the “DOP Products” tab and press “Sukanya Samriddhi Account”
  • Enter your SSY account number and your DOP client ID in the required space
  • Now you will have to select the amount and duration of the payment
  • Once you are done with the successful payment transfer, you will receive a notification on the app itself.
  • You can select different investment alternatives offered by India Post and make monthly payments through the standard IPPB savings account.
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