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16.0%First documentChild Investment Planning: Choosing the Right Plan for Future GoalsOpen original ↗
Second documentCan Your Child Provide you Relief from Tax Saving?Open original ↗
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Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
FAQs
Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
Don't Just Survive, Thrive
3 Plan options Life cover + Guaranteed income Get Total Premiums at maturity Early income from 2nd policy year
Don't Just Survive, Thrive
3 Plan options Life cover + Guaranteed income Get Total Premiums at maturity Early income from 2nd policy year
Save, Dream, Plan. Live Peacefully
5 Plan options Option to choose PPT Get Tax benefits
Save, Dream, Plan. Live Peacefully
5 Plan options Option to choose PPT Get Tax benefits
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Child Education Child Insurance Plan Children Money Back Policy Insurance Policy For Newborn Child Protection Rider How Child Insurance Works? Sukanya Samriddhi Yojana Child Insurance Calculator
Popular Searches
Child Education Child Insurance Plan Children Money Back Policy Insurance Policy For Newborn Child Protection Rider How Child Insurance Works? Sukanya Samriddhi Yojana Child Insurance Calculator
Popular Searches
Buy Best Child insurance Plan Best Investment Plan for Girl Child Child Education Insurance Plan Best Fixed Deposit for Child Types of Child Insurance Child Education Insurance
Popular Searches
Buy Best Child insurance Plan Best Investment Plan for Girl Child Child Education Insurance Plan Best Fixed Deposit for Child Types of Child Insurance Child Education Insurance
Fixed Returns, Zero Risks & Worries
4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Fixed Returns, Zero Risks & Worries
4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
Child Insurance - Top Selling Plans
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
Child Insurance - Top Selling Plans
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
Sukanya Samriddhi Yojana (SSY):
A maximum of two SSY accounts is permitted per family (exceptions apply in the case of twins or triplets) Deposits must be made for 15 years from the date of opening; no contributions are required for the remaining years until maturity
Did You Know?
Sukanya Samridhi Yojana (SSY): If you have been blessed with a girl, you can open an SSY account . It is one of the child investment plans to empower girls and also comes with a higher rate of interest and sovereign guarantee, while also allowing you to save tax. A family can open a maximum of two SSY accounts , one for each girl who should not be above 10 years of age at the time of account opening. A minimum annual contribution of ₹250 to a maximum of ₹1.5 lakh is allowed, which is eligible for deduction as per Section 80C. Once the girl is 18, you can make a withdrawal of upto 50% of the account balance in the last year for her higher education. SSY has a 21-year lock-in period from the date when the account is opened, and deposits need to be made for the first 15 years.
Sukanya Samriddhi Yojana (SSY):
Account matures 21 years from the date of opening, or upon the girl's marriage after age 18 Partial withdrawal of up to 50% of the balance is permitted after the girl turns 18, to meet higher education expenses
Did You Know?
Sukanya Samridhi Yojana (SSY): If you have been blessed with a girl, you can open an SSY account . It is one of the child investment plans to empower girls and also comes with a higher rate of interest and sovereign guarantee, while also allowing you to save tax. A family can open a maximum of two SSY accounts , one for each girl who should not be above 10 years of age at the time of account opening. A minimum annual contribution of ₹250 to a maximum of ₹1.5 lakh is allowed, which is eligible for deduction as per Section 80C. Once the girl is 18, you can make a withdrawal of upto 50% of the account balance in the last year for her higher education. SSY has a 21-year lock-in period from the date when the account is opened, and deposits need to be made for the first 15 years.