Sukanya Samriddhi Yojana

✦Key Features

• Interest rate: 8.2% p.a. for FY2025-26 (compounded annually) — unchanged throughout 2024-25 and 2025-26
• Minimum deposit: ₹250/year; Maximum: ₹1.5 lakh/year
• EEE tax status: deduction under Sec 80C; interest + maturity tax-free
• Matures 21 years from account opening; partial withdrawal at 18 for education/marriage
• Opened in post offices and authorized banks for girls up to age 10
• Premature closure allowed for girl child marriage after age 18
• Account can be transferred anywhere in India

✓Eligibility Criteria

• A girl child must be a resident Indian citizen.
• The girl child's age must be below 10 years at the time of account opening.
• Only one account is allowed per girl child.
• A maximum of two accounts are permitted per family (with exceptions for twins/triplets).

★Benefits

• High, government-backed interest rates ensuring significant returns on savings.
• Triple tax exemption (EEE - Exempt, Exempt, Exempt) status on contributions, interest, and withdrawals.
• Provides financial security for the girl child's higher education and marriage expenses.
• Promotes disciplined long-term savings for the girl child's future.
• Empowers families to invest in their daughters' future, reducing financial burden.

▶Application Process

• Visit an authorized bank branch or post office.
• Fill out the Sukanya Samriddhi Yojana account opening form.
• Submit all required documents along with photographs.
• Make the initial deposit (minimum Rs. 250).
• Receive the passbook and account opening confirmation.

₹ Budget Allocation

100

Funding Ratio (Centre:State): Not Applicable (Small Savings Scheme; interest funded by Govt of India)

Historical Context

Launched on January 22, 2015, by PM Narendra Modi in Panipat, Haryana, as part of the BBBP campaign.