Sukanya Samriddhi Yojana (SSY) is a special savings scheme started by the central government under the “Beti Bachao Beti Padhao” campaign. It helps secure your daughter’s future by covering expenses like education, higher studies, and marriage. Parents or guardians can invest in this scheme for a girl child under 10 years old. The minimum investment amount is Rs. 250 per year and the maximum is Rs. 1.5 lakh. This scheme is only for girls, making sure funds are available for their future needs. You can invest for up to 15 years to comfortably cover your daughter’s education and marriage expenses. Any parent or guardian can open an account in a girl’s name.
If you want to secure your daughter’s future, you can choose to invest in Sukanya Samriddhi Yojana. This article will share all the important details about the scheme.
Sukanya Samriddhi Yojana 2025 Overview
The central government runs this scheme specifically to help invest in a girl child’s future. You can deposit Rs. 10,000 annually, which can grow to around Rs. 4.48 lakh at maturity. Any family member like parents or guardians can open an SSY account in a girl’s name. This scheme offers a high interest rate supported by the government, making it 100% safe. By investing regularly over many years, you can build a large fund by maturity. You can open an SSY account at any nearby post office or authorized bank branch.
Important Update: If you have an SSY account, make sure to pay at least Rs. 250 by 31 March 2024 to keep your account active. Otherwise, it will be marked inactive and you will need to pay a penalty of Rs. 50 per year to reactivate it.
Interest Rate Increased to 8.2% for 2024-25 Financial Year
For the financial year 2024-25, the government increased the SSY interest rate from 8% to 8.2%. Until now, investors got 8% annually, but for the January to March 2025 quarter, it is 8.2%. This rise aims to encourage more parents to invest in their daughters’ futures through this scheme. No other government schemes saw interest rate increases this year, making SSY more attractive with a total increase of 0.6% this year.
Use the SSY Calculator to plan your investments.
Main Details of Sukanya Samriddhi Yojana 2025
| Scheme Name | Sukanya Samriddhi Yojana |
| Launched by | Central Government |
| Beneficiaries | Girls aged 0 to 10 years |
| Purpose | To secure a better future for daughters |
| Investment Amount | Minimum Rs. 250, Maximum Rs. 1.5 Lakh per year |
| Investment Period | 15 years |
| Interest Rate | 8.2% per annum (2024-25) |
Higher Interest and Tax Benefits in Sukanya Samriddhi Yojana
Investing in SSY gives you 8.2% interest annually for the 2024-25 year. This scheme is tax-free on three levels: the amount you invest (up to Rs. 1.5 lakh) gets an exemption under Section 80C, the interest earned is tax-free, and the final maturity amount is also exempt from tax.
Maturity Period Explained
The SSY maturity period is 21 years from when you open the account. You must keep investing for 15 years, after which no deposits are needed but your funds continue to earn interest for another 6 years. For example, if you open an account for your newborn daughter, it will mature when she turns 21. If you start at age 4, maturity will be when she turns 25. After the girl turns 18, she can manage the account herself.
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Maximum Deposit Limits in SSY
You can open SSY for daughters under 10 years old at a post office. Families can open accounts for two girls; in case of twins, more accounts are allowed. You must deposit at least Rs. 250 every financial year, up to Rs. 1.5 lakh annually. You can deposit monthly (around Rs. 12,500) or all at once. Depositing Rs. 1,11,400 yearly can mature to about Rs. 50 lakh after the full term.
How to Invest in Sukanya Samriddhi Yojana?
The scheme requires yearly deposits for 15 years. For monthly payments, at least 12 deposits per year are needed. You can invest at your nearest post office or bank using these payment options:
- Cash
- Cheque
- Demand Draft
- Online e-transfer (if available)
Banks Offering Sukanya Samriddhi Yojana
You can get SSY account application forms from post offices or participating banks. You can also download the form from the RBI or bank websites. Here are some banks offering SSY accounts:
- Indian Bank
- State Bank of India
- Bank of Maharashtra
- Punjab & Sind Bank
- Indian Overseas Bank
- UCO Bank
- IDBI Bank
- Bank of Baroda
- Bank of India
- HDFC Bank
- Canara Bank
- Central Bank of India
- Axis Bank
- Union Bank of India
- Punjab National Bank
- ICICI Bank
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Benefits and Special Features of Sukanya Samriddhi Yojana
- Accounts opened only for girls under 10 years old.
- Minimum deposit is Rs. 250 and maximum Rs. 1.5 lakh yearly.
- Government-backed scheme with guaranteed returns.
- Account can be transferred anywhere in the country.
- After maturity, account continues earning interest if not closed.
- 50% of the amount can be withdrawn after the girl turns 18 for education.
- Investments allowed for adopted daughters too.
- Deposits required for 15 years with maturity at 21 years.
- Interest rate is 8.2% for 2024-25.
- Girl can manage her account after turning 18.
Eligibility Criteria for Sukanya Samriddhi Yojana
- Account can be opened by parents or legal guardians only.
- Girl’s age must be below 10 years at account opening.
- Only two accounts are allowed per family.
- One girl cannot have more than one SSY account.
- Exceptions allow three accounts in case of twins born after the first daughter.
Required Documents
- Birth certificate of the girl child
- Address proof
- Parent’s PAN and Aadhaar card
- Mobile number
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How to Apply for Sukanya Samriddhi Yojana 2025?
- Visit your nearest post office or bank branch.
- Ask for the SSY application form.
- Fill in details of the girl child and depositor.
- Attach photocopies of the necessary documents.
- Submit the form with your first deposit.
- After completing, you will get your SSY account details.
Frequently Asked Questions
What is the minimum amount I can invest in Sukanya Samriddhi Yojana? You can invest as low as Rs. 250 per year.
Can I take a loan against my Sukanya Samriddhi Yojana deposit? No, loan facility is not available. You may withdraw only 50% after the girl turns 18 for education purposes.
Your daughter’s future matters. Investing in Sukanya Samriddhi Yojana 2025 with the improved 8.2% interest can help build a strong fund for her life ahead. Make sure to invest regularly and keep track of your account to enjoy all benefits without any trouble.