Government Schemes
Sukanya Samriddhi Yojana 2025: Complete Guide to SSY Returns, Rules, and Calculator
Everything about Sukanya Samriddhi Yojana — current 8.2% interest rate, who can open, deposit rules, withdrawal provisions, and SSY vs mutual funds comparison for girl child goals.
Read with the publication date in mind. Portal requirements and rates can change. How to report a correction.
Sukanya Samriddhi Yojana (SSY) is India's premier savings scheme for parents of girl children — offering 8.2% guaranteed, tax-free returns (Q1 FY 2025-26), EEE status, and government backing. Since its 2015 launch, SSY has become the go-to financial planning instrument for daughters' education and marriage.
Key Features
Rate: 8.2% p.a. (Q1 FY 2025-26), compounded annually, quarterly revision. EEE: deposits eligible for 80C (up to ₹1.5L), interest tax-free, maturity tax-free.
Eligibility: One account per girl child below 10 years. Maximum two per family (exception for twins/triplets).
Deposits: Minimum ₹250/year, maximum ₹1.5L/year. Required for 15 years. Maturity at 21 years from opening.
Maximum deposit scenario: ₹1.5L/year × 15 years at 8.2% = ~₹69L maturity (all tax-free). Total deposited ₹22.5L; interest earned ₹46.5L.
Interest Rate History
9.2% (2015) → 8.6% (2016) → 8.1% (2018) → 8.4% (2019) → 7.6% (2020–21) → 8% (2023) → 8.2% (2024–present). The current 8.2% is the highest since 2019.
Pro tip: Deposit before April 5 every year to earn interest on that year's deposit for the full financial year. Late April deposits lose the first month's interest.
Withdrawal and Maturity
Education withdrawal: From the year the girl turns 18, up to 50% of previous year's balance can be withdrawn for higher education. Submit admission proof.
Marriage closure: Full balance can be withdrawn after girl turns 18 for marriage. Not allowed before 18.
Maturity: Full balance at 21 years from opening. Girl becomes the account holder at 18 — update KYC then.
Account goes inactive if ₹250 minimum deposit is missed. Revive with ₹50 penalty per inactive year.
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