Sukanya Samriddhi Yojana (SSY)
High-interest savings scheme for girl children under 10 years, with tax-free returns.
Eligibility Criteria
- •Account can be opened for a girl child below 10 years of age
- •Maximum two accounts per family (one per girl child)
- •Can be opened by natural or legal guardian
- •Girl child must be an Indian citizen
Required Documents
- •Girl child's birth certificate
- •Guardian's Aadhaar and PAN Card
- •Address proof (Aadhaar / utility bill / passport)
- •Photograph of guardian
- •Account opening form (available at post offices and banks)
Benefits & What You Get
Currently earns 8.2% interest per annum (Q1 FY 2024-25, compounded yearly). Minimum deposit ₹250/year; maximum ₹1.5 lakh/year. Deposit period is 15 years from account opening; the account matures after 21 years from opening (or on marriage after age 18). Partial withdrawal (up to 50%) allowed after girl turns 18. Full EEE tax benefit: deposit is deductible under Section 80C, interest earned is tax-free, and maturity proceeds are tax-free.
📹 How to Apply — Video Guide (Hindi)
Watch step-by-step apply process on YouTube
Hindi videos — Sukanya Samriddhi Yojana (SSY) yojana apply online process
Ready to apply for Sukanya Samriddhi Yojana (SSY)?
Visit the official government portal to submit your application.