Sungaya Sri Post office Plan - Review

Discussion in 'Money Matters' started by ChrisColin, Mar 30, 2015.

  1. Mar 30, 2015 #1
    ChrisColin

    ChrisColin Junior IL'ite

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    Hi Ladies,
    Kindly share me the pros and cons of the new Sungaya Sri Post office plan for a girl child.

    1) We can invest 1.5L for 2 girl child per year
    2) 9.1 % interest rate
     
    ChrisColin, Mar 30, 2015
    ChrisColin, Mar 30, 2015
    #1
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  2. Mar 30, 2015 #2
    Shanvy

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    Shanvy, Mar 30, 2015
    Shanvy, Mar 30, 2015
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  3. Mar 30, 2015 #3
    ChrisColin

    ChrisColin Junior IL'ite

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    Thanks Shanvy Mam....
     
    ChrisColin, Mar 30, 2015
    ChrisColin, Mar 30, 2015
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  4. Mar 31, 2015 #4
    Harini73

    Harini73 Platinum IL'ite

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    I have enclosed a calculation sheet for this scheme.

     

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    Harini73, Mar 31, 2015
    Harini73, Mar 31, 2015
    #4
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  5. Apr 1, 2015 #5
    Shanvy

    Shanvy IL Hall of Fame

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    the government has changed the rates for fy16 from 9.1 to 9.2% for this schemeand the other schemed that gets a rate change is senior citizen saving from 9.2 to 9.3% rest remain unchanged.
     
    Shanvy, Apr 1, 2015
    Shanvy, Apr 1, 2015
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  6. Apr 2, 2015 #6
    Harini73

    Harini73 Platinum IL'ite

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    Thanks for the information and I was not aware of it.


     
    Harini73, Apr 2, 2015
    Harini73, Apr 2, 2015
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  7. Apr 3, 2015 #7
    Shanvy

    Shanvy IL Hall of Fame

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    it is for this financial year. april 16-march 17.. you did not miss anything.
     
    Shanvy, Apr 3, 2015
    Shanvy, Apr 3, 2015
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