Every parent dreams of giving their daughter a secure and independent future. In today’s uncertain times, that dream needs a plan not just hope.The Sukanya Samriddhi Yojana (SSY) is one such plan introduced by the Government of India to help parents save and grow money for their daughters’ education, marriage, and dreams.
Highlights of the Scheme
- Account is opened in the daughter’s name
- Operated by parents or legal guardians
- Start with as little as ₹250
- Deposit up to ₹1.5 lakh annually
- Interest rate: 8.2% per annum (subject to change by government)
- Maturity at 21 years, returns up to ₹65 lakh possible
- 100% tax-free returns under Section 80C
How This Works
Let’s say you invest ₹1.5 lakh every year for 15 years. At maturity, when your daughter turns 21, the account could grow up to ₹65 lakh — all without market risk. That’s a solid financial cushion for her higher education, wedding, or even starting her own business.
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Why This Scheme Matters
- Backed by the Government of India
- Higher interest rate than savings or FDs
- Tax benefits under Section 80C
- Full maturity amount is tax-free
- Encourages long-term, disciplined savings
- Supports the “Beti Bachao, Beti Padhao” mission
Open an SSY Account
- Parents of a girl child below 10 years
- Only one account per girl is allowed
- A family can open accounts for up to two girls
Open This Account
- At any Post Office
- Government banks like SBI, PNB, Bank of Baroda
- Private banks like HDFC, ICICI (if authorized)
Documents Required
- Birth certificate of the daughter
- ID and address proof of parent/guardian
- Passport size photo
- Initial deposit of ₹250 or more
One of the best things about Sukanya Samriddhi Yojana is that you don’t need a large income to start. Even low-income families can begin with just ₹250 per month, and over time, it builds into a substantial amount.
This scheme teaches the importance of consistent saving, while securing your daughter’s future in a dignified and practical way.
Opening an account in your daughter’s name today is more than a financial move — it’s an emotional commitment to her dreams. Sukanya Samriddhi Yojana is one of the most trusted, risk-free, and high-return options available in India today.