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Money: This investment scheme decides the future of daughters, understand the entire fund of every month’s investment

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Sukanya Samriddhi Yojana: The Government of India provides the facility to invest in a small savings scheme- Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana) with a view to ensuring the future of daughters.


The purpose of this special scheme is the savings or investment made by parents for the future of daughters. In this, a small amount can be invested for a long time to fulfill the daughter’s bright future, higher education and her dreams. You can open Sukanya Samriddhi Yojana account in bank or post office.

Who can open this account

Indian citizens whose daughter’s age is less than 10 years, can open a Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana) account in a bank or post office. Keep in mind that you can open only one account in the name of the daughter in the post office in the bank. Also, there is a provision to open an account for maximum two daughters in a family.

Minimum amount for opening an account

Sukanya Samriddhi Yojana account opens for minimum Rs 250. You can invest a maximum of Rs 1.50 lakh in this account in a year.

How much interest is being received on the scheme

The Government of India decides the interest on any small savings schemes. At present, interest is being paid at the rate of 7.6 percent per annum on the amount deposited in Sukanya Samriddhi Yojana account.

When is the account mature?

Sukanya Samriddhi Yojana is an account maturity at the time of marriage, from the account opening date to the age of 21 years or more than 18 years. This account is matured one month before or three months after the date of marriage. That is, at this time you can withdraw money from the account.

Parents get the benefit of tax exemption

Every year parents who deposit money in this scheme can take advantage of tax exemption on them under Section 80C of Income Tax. Not only this, tax is not to be paid on the interest that is received on the investment.

Document to open account


To open Sukanya Samriddhi Yojana account in the name of daughter, daughter’s birth certificate, ID proof and address proof of parents or depositor will be required. You can open an account in a bank or post office.

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