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Sukanya Samriddhi Yojana: Save Rs 12,500 monthly to get Rs 72 lakh for your daughter
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News18•06-10-2026, 10:43
Sukanya Samriddhi Yojana: Save Rs 12,500 monthly to get Rs 72 lakh for your daughter
- •By investing Rs 1.5 lakh annually or Rs 12,500 per month in the Sukanya Samriddhi Yojana, you can build a fund of Rs 72 lakh by the time your daughter turns 21.
- •The scheme currently offers an attractive interest rate of 8.2 percent, which is fully guaranteed by the government and unaffected by market risks.
- •Investment needs to be made for only 15 years from birth, after which the money remains deposited for another 6 years earning compound interest.
- •The scheme offers tax exemption benefits under Section 80C of the Income Tax Act on both investments and maturity proceeds.
Key Questions Answered
To build a corpus of Rs 72 lakh by the time your daughter turns 21, you need to invest Rs 1.5 lakh annually, which breaks down to just Rs 12,500 per month.
The scheme currently offers an applicable annual interest rate of 8.2 percent. You are required to make deposits for 15 years after account opening, while the account continues to earn compound interest until maturity after 21 years.
The amount you invest in this scheme qualifies for tax deductions under Section 80C of the Income Tax Act. Additionally, the final corpus generated at maturity is entirely tax-free.
