Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana (SSY) scheme was launched by PM Narendra Modi in 2014 with the main aim of securing the future of a girl child

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Tenure of SSY is 21 years from the date of opening the account or till the marriage of girl

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Deposit should be made till 15 years

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Minimum amount to open SSY : Rs 250 Maximum Amount : Rs. 1.5 Lac per year

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Parents/guardian can operate the account till girl reaches 10 years. Later the girl can operate

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In a family, up to two accounts can be opened for 2 girls

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Interest rate as of 2022 May is 7.6 % per year

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SSY account can be opened in Post office or Bank

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Documents required for opening SSY account: 1. Birth certificate of girl child 2. ID proof and address proof of the depositor

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Tax exemption available under 80C section

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SSY is better investment option compared to Fixed deposit. Go ahead and open now !

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