For most Indian parents, ensuring a safe, independent & financially strong future for their daughters is a top priority. To support this goal the Central Government offers one of the most trusted small savings schemes the Sukanya Samriddhi Yojana (SSY).
Part of the Post Office savings portfolio this scheme not only safeguards your money but also provides higher returns compared to many other deposit plans.For the quarter of October to December 2025, SSY is offering an impressive 8.2% interest rate making it a smart long term investment choice.
How You Can Build a ₹72 Lakh Fund with SSY
The biggest advantage of the Sukanya Samriddhi Yojana is its annual compound interest which helps your money grow faster. You need to invest for only 15 years but the account continues earning interest for a full 21 years. This means even if you stop depositing after 15 years your balance will continue to multiply.
- Annual Deposit: ₹1.5 lakh
- Total Deposit in 15 Years: ₹22.50 lakh
- Maturity Amount: About ₹71,82,119
- Total Interest Earned: Nearly ₹49,32,119
This maturity amount can comfortably support your daughter’s higher education or marriage expenses.
Government Guarantee Makes It Safer
Launched under the Beti Bachao, Beti Padhao initiative, SSY has become one of the most popular schemes among Indian families. As per PM Narendra Modi more than ₹3.25 lakh crore has been deposited under the scheme, and over 4 crore SSY accounts have been opened so far.
The scheme carries zero market risk, and interest rates are reviewed quarterly by the government. Currently, SSY continues to offer one of the highest rates among small savings schemes.
Tax Benefits Under Sukanya Samriddhi Yojana
SSY is among the few investment options that fall under the EEE (Exempt-Exempt-Exempt) category:
- Investment up to ₹1.5 lakh is eligible for tax deduction under Section 80C (for old tax regime users).
- Interest earned is tax free.
- Maturity amount is also tax free.
This makes the scheme a powerful tax saving & wealth building tool for parents.
Key Rules for Opening an SSY Account
- Minimum deposit required: ₹250
- Deposits can be increased in multiples of ₹50
- Minimum annual contribution: ₹250
- This account can be opened for a girl child below 10 years
- Can be opened at any Post Office or authorised bank branch
Simple documentation or easy deposits make the scheme accessible to families across the country.