Sukanya Samriddhi Yojana (SSY)
A government-backed savings scheme designed to secure the financial future of a girl child.
Launched under the Beti Bachao, Beti Padhao initiative, SSY offers guaranteed returns, tax benefits, and long-term compounding. The account can be opened by the parents or guardian for a girl child aged 10 years or younger.
Investment Limits
Minimum investment is ₹250 per year, and the maximum is ₹1.50 lakhs per year. Max 2 accounts per family.
Tenure
21 years from account opening, or until the girl marries after 18 years of age.
Returns & Tax Benefits
The interest rate is decided by the government (historically around 8%). Just like PPF, the amount invested is eligible for tax savings under Section 80C (up to ₹1.5 lakh). Interest earned and maturity proceeds are fully exempt from tax.
Partial withdrawal up to 50% of the balance is allowed for higher education after the girl reaches age 18.
Secure Her Future
Let us help you set up the Sukanya Samriddhi account for your daughter with ease.
Contact Us