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Sukanya Samriddhi Yojana: Get Rs 72 Lakh on Rs 12,500 Investment
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News18•10-10-2026, 19:58
Sukanya Samriddhi Yojana: Get Rs 72 Lakh on Rs 12,500 Investment
- •Sukanya Samriddhi Yojana is a completely secure government scheme with no exposure to the stock market fluctuations.
- •You can open accounts for a maximum of two daughters, provided their age is under 10 years at the time of opening.
- •The scheme currently offers an attractive interest rate of 8.2 percent per annum, which is the highest among government schemes.
- •An annual maximum of Rs 1.5 lakh can be invested, which calculates to Rs 12,500 per month.
- •Investing Rs 12,500 monthly for 15 years builds a massive tax-free maturity fund of over Rs 71.8 lakh after 21 years.
Key Questions Answered
The Sukanya Samriddhi Yojana currently offers an interest rate of 8.2% per annum, which is reviewed by the government every quarter. Among all government investment schemes, it provides one of the highest interest rates for small savings.
Under the Sukanya Samriddhi Yojana, investors are required to make contributions for 15 years from the date of account opening. The account eventually reaches maturity after 21 years, continuing to accumulate interest even after the 15-year deposit tenure ends.
An individual can open an SSY account for a maximum of two daughters, provided the girl child is under 10 years of age at the time of opening. Parents or legal guardians can open the account at authorized banks or post offices.
