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First documentDetailed Comparison of Top Saving Schemes in IndiaOpen original ↗
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Second documentSukanya Samriddhi Yojana 2026: Interest Rate, Calculator & BenefitsOpen original ↗
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First paragraph125 words
Build Guaranteed Savings for Your Future Goals
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.
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Second paragraph125 words
Glossary:
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.
First paragraph61 words
Savings and Investment Plans from Canara HSBC Life Insurance
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.
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Second paragraph61 words
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.
First paragraph13 words
Fixed Returns, Zero Risks & Worries
4 Plan Options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
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Second paragraph13 words
Fixed Returns, Zero Risks & Worries
4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover
First paragraph139 words
Here are 10 Saving Schemes and Plans where you can Invest for a Secure Future:
Sukanya Samriddhi Yojana (SSY): The SSY scheme is a government-backed scheme that can be opened by the guardians of a girl child aged below ten years. Parents need to contribute for 15 years. A person gets a tax deduction of up to Rs.1.5 lakh per year under Section 80C. An utmost of two such accounts can be opened per household, one for each girl child. People can capitalize a minimum of Rs.250 and maximum of Rs.1.5 lakh per annum. The rate of interest is 7.6% p.a. The term of the account is 21 years from the date of opening or until the girl child gets wedded after 18 years. The scheme permits a partial withdrawal of up to 50% of the balance after attaining 18 years to meet higher education expenses.
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Second paragraph100 words
What is Sukanya Samriddhi Yojana (SSY)?
Developed as part of the government's 'Beti Bachao, Beti Padhao' campaign, Sukanya Samriddhi Yojana or SSY is a welfare scheme designed for the girl child. Investing in this child insurance plan allows parents or legal guardians to ensure financial security for a girl child aged ten years or below. Under the Sukanya Samriddhi Yojana, an account in the name of the girl can be opened across any of the private and public sector banks or designated post offices for 21 years. The account matures after 21 years from the date of opening, while contributions are required for only 15 years.