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Sukanya Samriddhi Yojana: Save 500 Annually, Get Lakhs for Daughter After 21 Years!
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News18•02-10-2026, 14:42
Sukanya Samriddhi Yojana: Save 500 Annually, Get Lakhs for Daughter After 21 Years!
- •The central government's Sukanya Samriddhi Yojana (SSY) is a popular savings scheme for the future of girl children.
- •Currently, an annual interest rate of 8.2 percent is available, with deposits ranging from a minimum of 250 rupees to a maximum of 1.5 lakh rupees per financial year.
- •Accounts can be opened for a girl child before she turns 10, with deposits made for 15 years, followed by 6 years of interest accrual.
- •The account matures after 21 years, providing the accumulated amount including deposits and interest.
- •Partial withdrawals of up to 50% are allowed for higher education after the girl turns 18, and premature closure is possible for marriage under specific conditions.
Key Questions Answered
The Sukanya Samriddhi Yojana offers a current annual interest rate of 8.2 percent.
Money can be deposited for 15 years after opening the account, and the account matures after completing 21 years from the date of opening.
Yes, after the girl turns 18, up to 50 percent of the deposited amount can be withdrawn for her higher education.
