Sukanya Samriddhi Yojana: Turn ₹2000/Month into ₹10 Lakh for Daughter's Future!

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Moneycontrol•20-12-2025, 20:38
Sukanya Samriddhi Yojana: Turn ₹2000/Month into ₹10 Lakh for Daughter's Future!
- •Sukanya Samriddhi Yojana (SSY) is a government-backed scheme ensuring financial security for daughters, offering guaranteed returns and tax benefits.
- •Accounts can be opened for daughters under 10; investments are made for 15 years, with the account maturing after 21 years.
- •Currently, SSY offers an 8.2% annual interest rate, with interest continuing to accrue even after the 15-year investment period.
- •Depositing ₹2,000 monthly (₹24,000 annually) for 15 years totals ₹3.6 lakh, maturing to approximately ₹9.6-10 lakh.
- •Higher monthly investments like ₹5,000 can yield ₹24-25 lakh at maturity; 50% withdrawal is allowed for education after age 18.
Why It Matters: SSY offers guaranteed, tax-free returns, making it an ideal scheme for securing a daughter's future.
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