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Sukanya Samriddhi Yojana: Rs 1,000 Monthly Investment After 21 Years
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Sukanya Samriddhi Yojana: Rs 1,000/Month Becomes Rs 5.5 Lakh in 21 Years!
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News18
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04-03-2026, 11:45
Sukanya Samriddhi Yojana: Rs 1,000/Month Becomes Rs 5.5 Lakh in 21 Years!
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Sukanya Samriddhi Yojana (SSY) is a Central Government savings scheme for girl children's education and marriage.
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Parents/guardians can open an account for a girl child below 10 years, depositing for 15 years.
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Current interest rate is 8.2%; deposits up to Rs 1.5 lakh annually are tax-free under EEE category.
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Investing Rs 1,000 monthly (Rs 12,000 annually) for 15 years yields approximately Rs 5,54,206 at maturity after 21 years.
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Account matures when the girl turns 21; up to 50% can be withdrawn for education/marriage after 18 years.
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