Sukanya Samriddhi Yojana: Rs 71 Lakh After 21 Years, But What's Its Real Value?

• Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched in 2015 for daughters' education and marriage.
• Accounts can be opened for a girl child before she turns 10, offering a higher interest rate than most FDs and tax-exempt returns.
• Currently, SSY offers an 8.2% annual interest rate, reviewed quarterly by the government.
• Minimum deposit is Rs 250, maximum is Rs 1.5 lakh per financial year, payable as lump sum or installments.
• An investment of Rs 22.5 lakh over 15 years can mature to approximately Rs 72 lakh after 21 years, but inflation may reduce its real value to Rs 22-28 lakh.

Why It Matters: SSY offers significant returns for daughters' future, but inflation can considerably erode the real value of maturity amount.