Maximum ₹1,50,000 per year
A = P (1 + r/n)^(nt)
Deposit for 15 Years, Maturity at 21 Years
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed to secure the future of a girl child. It offers attractive interest rates and tax benefits under Section 80C.
Deposits can be made for the first 15 years, while the account matures after 21 years. The maximum yearly investment allowed is ₹1,50,000.
The Sukanya Samriddhi Yojana account matures after 21 years from the date of opening.
Deposits are allowed only for the first 15 years from account opening.