Sukanya Samriddhi Yojana
A high-interest savings account for a girl child's education and marriage
Sukanya Samriddhi is a government-backed small savings account for a girl child, opened by a parent or guardian before she turns ten, at a post office or an authorised bank. The account earns a government-set interest rate, which is reviewed every quarter and is usually higher than ordinary savings. There is a minimum yearly deposit and a ceiling of Rs 1.5 lakh a year, and deposits are made for 15 years. Part of the balance can be withdrawn for education after the girl turns 18. Check the current rate and rules at the post office.
Rules, amounts and dates can change. Confirm the details on the official portal or at your taluk office before you apply.
At a glance
| Department | Central government schemes |
|---|---|
| Started | 2015 |
| Group | Women and children |
Check official sources
Eligibility, amounts and how to apply change often. Confirm on the official portals or at your taluk office.
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