Sukanya Samriddhi Yojana (SSY) is one of the most popular and successful small savings schemes launched by the Narendra Modi–led NDA Government with the noble objective of securing the future of the girl child in India. Introduced as a key part of the “Beti Bachao, Beti Padhao” campaign, the scheme promotes the idea of saving for every girl child, especially for her education and marriage.
Over the years, Sukanya Samriddhi Yojana has emerged as a trusted long-term investment option for parents who want guaranteed returns, high interest rates, and tax benefits. As of 31 December, a total of 3,39,54,740 Sukanya Samriddhi accounts have been opened across India, showing the massive success of this scheme. Among all states, Uttar Pradesh leads with 37,31,971 SSY accounts, highlighting strong public participation.
In this blog, you will get complete details of Sukanya Samriddhi Yojana 2025, including how to open an SSY account online, eligibility rules, interest rate chart, calculator explanation, benefits, documents required, and application form PDF details.
What is Sukanya Samriddhi Yojana (SSY)?
Sukanya Samriddhi Yojana (सुकन्या समृद्धि योजना) is a government-backed small savings scheme exclusively for the girl child. The account is opened in the name of the girl child, while parents or legal guardians operate it until she becomes an adult.
The main objectives of the scheme are:
- To encourage parents to save systematically for their daughter
- To support higher education expenses
- To provide financial support for marriage after maturity
- To ensure financial security for the girl child
Because the scheme is backed by the Government of India, it offers zero risk, making it ideal for conservative investors.
Why Sukanya Samriddhi Yojana is Important
In many families, long-term financial planning for daughters often takes a back seat. Sukanya Samriddhi Yojana directly addresses this issue by:
- Creating a dedicated savings account for girls
- Offering higher interest rates than most fixed deposits
- Providing tax benefits under Section 80C
- Encouraging disciplined, long-term savings
The scheme not only empowers families financially but also strengthens the social message of gender equality and education for girls.
Sukanya Samriddhi Yojana Interest Rate 2025
As per the latest update:
👉 Sukanya Samriddhi Yojana Interest Rate: 8.20% per annum
👉 Effective from: 1 January 2024
Key Points about Interest Calculation:
- Interest is calculated yearly
- Interest is compounded annually
- Interest is credited at the end of the financial year
- The rate is not fixed forever and may be revised by the government every quarter
This interest rate makes SSY one of the highest-yielding small savings schemes in India.
Sukanya Samriddhi Yojana Interest Rate Chart (Indicative)
| Financial Year | Interest Rate |
|---|---|
| 2021–22 | 7.60% |
| 2022–23 | 7.60% |
| 2023–24 | 8.00% |
| 2024–25 | 8.20% |
(Rates are subject to government revision.)
Sukanya Samriddhi Yojana Calculator – How Returns Are Calculated
The SSY calculator helps parents estimate the maturity amount based on:
- Annual investment amount
- Number of years of deposit (maximum 15 years)
- Applicable interest rate
Example Calculation:
- Annual deposit: ₹50,000
- Deposit period: 15 years
- Interest rate: 8.20%
The maturity value after 21 years can go well beyond ₹20–25 lakh, depending on the deposit amount.
This makes Sukanya Samriddhi Yojana an excellent wealth-building tool for long-term goals.
Eligibility Criteria for Sukanya Samriddhi Yojana
Who Can Open an SSY Account?
- Parents or legal guardians of a girl child
- The girl child must be below 10 years of age at the time of account opening
Number of Accounts Allowed
- Maximum two girl children per family
- Exception allowed for twins or triplets (medical certificate required)
Account Ownership
- Account is opened only in the name of the girl child
- Guardian can deposit money on behalf of the girl child
Where Can You Open a Sukanya Samriddhi Account?
A Sukanya Samriddhi account can be opened at:
- Post Offices across India
- Designated public and private sector bank branches
Many banks also allow partial online processes, though physical verification is usually required.
How to Open Sukanya Samriddhi Account Online (2025)
While complete online account opening is not fully available everywhere, you can follow a hybrid online-offline process.
Step-by-Step Process:
- Visit your bank’s official website or mobile app
- Download the Sukanya Samriddhi Yojana Account Opening Form
- Fill in details of:
- Girl child
- Parent/guardian
- Upload documents (where online upload is allowed)
- Visit the bank/post office for final verification
- Deposit the initial amount
- Account gets activated
Sukanya Samriddhi Yojana Account Online Form 2025
Parents and guardians can download the SSY account opening form PDF from:
- Official bank websites
- India Post website
- Bank branches
The form includes:
- Girl child’s details
- Guardian’s details
- Initial deposit amount
- KYC information
(Always ensure the form is downloaded from an official source.)
Documents Required for SSY Account Opening
To open a Sukanya Samriddhi account, the following documents are required:
For Girl Child
- Birth Certificate
- Aadhaar (if available)
For Parent / Guardian
- Aadhaar Card
- PAN Card
- Address proof (Voter ID, Passport, etc.)
Others
- Passport-size photographs
- Medical certificate (in case of twins/triplets)
Deposit Rules Under Sukanya Samriddhi Yojana
- Minimum deposit: ₹250 per year
- Maximum deposit: ₹1.5 lakh per year
- Deposit period: 15 years
- Account maturity: 21 years from account opening
Failure to deposit minimum amount may attract a small penalty.
Withdrawal Rules
Partial Withdrawal
- Allowed after the girl child attains 18 years
- Up to 50% of the balance can be withdrawn
- Purpose: Education or marriage
Maturity
- Account matures after 21 years
- Full amount can be withdrawn tax-free
Tax Benefits of Sukanya Samriddhi Yojana
Sukanya Samriddhi Yojana enjoys EEE status:
- Exempt investment (Section 80C)
- Exempt interest
- Exempt maturity amount
This makes it one of the most tax-efficient savings schemes in India.
Why Sukanya Samriddhi Yojana is a Smart Choice
✔ High interest rate
✔ Government-backed security
✔ Long-term wealth creation
✔ Tax-free returns
✔ Dedicated savings for daughters
✔ Promotes education and empowerment
Conclusion
The Sukanya Samriddhi Yojana 2025 is more than just a savings scheme—it is a promise for a secure and empowered future for the girl child. With an attractive 8.20% interest rate, tax-free maturity, and government assurance, SSY stands out as one of the best long-term investment options for parents.
If you have a daughter below the age of 10, opening a Sukanya Samriddhi account today can be one of the most meaningful financial decisions you make for her tomorrow.