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Union of India - Section

Section 7 in The Sukanya Samriddhi Account Rules, 2016

7. Interest on deposit.

(1)The interest on deposit shall be compounded yearly at the rate notified by the Government in the Official Gazette from time to time and shall be credited, rounded off to the nearest rupee, to the Account of the beneficiary at the end of each financial year.
(2)The interest shall be calculated for the calendar month on the lowest balance in an Account on the deposits made between the close of the tenth day and the end of the month.