Sukanya Samriddhi Yojana: Secure Your Daughter's Future with Key Benefits

• The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for the financial future of a girl child, openable by parents or legal guardians.
• Accounts can be opened from birth until age 10 at India Post offices or authorized banks like HDFC Bank, Axis Bank, ICICI Bank, and IDBI Bank.
• A family can open one SSY account per girl child, up to a maximum of two, with exceptions for twins/triplets; it is transferable across India.
• Deposits range from ₹250 to ₹1.5 lakh annually for 15 years, with interest calculated monthly and credited yearly; total deposits crossed ₹3.33 lakh crore by Dec 2025.
• Partial withdrawals (up to 50% of previous year's balance) are allowed for education after age 18 or Class 10; the account matures after 21 years or upon marriage after 18.

Why It Matters: SSY is a government-backed scheme offering attractive interest rates, tax benefits, and flexible deposits for a girl child's financial security.