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Follow These Steps To Open Sukanya Samriddhi Yojana (SSY) Account With HDFC Bank

The Sukanya Samriddhi Yojana (SSY), a Centre Government-backed savings plan for parents of a girl child, offers a significant interest rate as well as various additional incentives. The Yojana is offering an interest rate of 7.6% (w.e.f 01-04-2020). The scheme, as ...

Investing In Your Child’s Name: Is It In Anyway Beneficial?

While a certain degree of discipline is provided to such an investment made specially in the name of your minor child, where you may not be pushed to dip into such deposits in times of want. So, there is magic attached ...

Best Child Insurance Plan from LIC

Many people are aware of the life insurance policies offered by various companies in India. These insurance policies are offered by government and private players. Insurance policies help the individuals to financially secure themselves as well as their family members whenever ...

Know all about the SBI Life- Smart Champ Insurance

Children are the future of the country. In today's era, parents are keen to do any thing to everything to secure the future of their wards. One such way, wherein the parents can secure their little bundle of joy's future is ...

Teaching a child to be financially responsible

Financial responsibility is the need of the hour and so it makes a lot of sense for parents to inculcate the habit in their young children. After all, you reap what you sow and therefore every responsible adult must make sure ...

Why is it important to teach children the habit of saving?

Traditionally, Indians have been known to promote savings and investments. Long-term savings come at rescue during times of financial distress. In order to ensure a healthy and sound financial life for your children, you should try and instill the habit and ...