You already know about PPF. The recently launched Sukanya Samriddhi Scheme is another which looks very much like PPF, but only those who have a girl child can open it in the name of the child.
This is a wonderful scheme for those who have girl children below 10 years. It is good to open an account now itself, even if one does not want to contribute much now. In future, one could do it.
What are the differences between the two schemes? In what ways are they similar?
All about Sukanya Samridhi Scheme vs PPF. http://goo.gl/14qgtG
Also Read: Be careful of 'popular' asset classes
Also Read: Be careful of 'popular' asset classes
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