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Selvamagal Semippu Thittam: Invest ₹50,000, Get ₹23.93 Lakh at Maturity!
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News18•21-09-2026, 11:11
Selvamagal Semippu Thittam: Invest ₹50,000, Get ₹23.93 Lakh at Maturity!
- •Selvamagal Semippu Thittam (Sukanya Samriddhi Yojana) is a government savings scheme for girl children's future.
- •The scheme offers an 8.2% interest rate, with minimum investment of ₹250 and maximum of ₹1.5 lakh annually.
- •Accounts can be opened for up to two girl children under 10 years of age by parents or legal guardians.
- •Investing ₹4,166 per month (₹50,000 annually) yields ₹23.93 lakh at the 21-year maturity.
- •The scheme provides income tax exemption and aids in higher education and marriage expenses for girl children.
Key Questions Answered
The Central Government offers an interest rate of 8.2% for the Selvamagal Semippu Thittam (Sukanya Samriddhi Yojana). The minimum investment required in this scheme is ₹250, while the maximum investment allowed is ₹1.5 lakh per year.
If you invest approximately ₹50,000 per year (about ₹4,166 per month) for 15 years, you will receive a total of ₹7,50,000 after 15 years. At the maturity of this 21-year scheme, you will receive ₹23.93 lakh at an 8.2% interest rate.
Parents or legal guardians can open this account in the name of girl children who are under 10 years of age. Children above 10 years of age are not eligible to open this account, and a family can open accounts for up to two girl children.
