Sukanya Samriddhi Yojana: The Sukanya Samriddhi Yojana is considered the largest and most reliable scheme in the country to secure the future of daughters. This is why millions of parents have opened accounts in their daughters’ names under this scheme. As the new year begins, questions about savings and investments intensify, and the Sukanya Samriddhi Yojana is no different.

There is talk these days that the interest rate on this scheme may decrease in the future. Therefore, parents want to know whether the interest rate change will affect the amount already deposited. Let us provide you with complete information on this matter.

Will the interest rate of Sukanya Scheme be reduced?

The government periodically reviews the interest rate on the Sukanya Samriddhi Yojana. This decision is based on market conditions, inflation, and returns from other small savings schemes. When bank FDs or other schemes undergo changes, their impact can be felt here as well. This discussion therefore intensifies around the New Year.

Because interest rates are reviewed at regular intervals, investors are concerned that a reduction in interest rates on this long-term plan could impact the maturity amount. However, no official decision has been made on this matter yet. Now, the biggest question is, if the interest rate decreases, will it affect the amount already deposited? So, even if the interest rate under the Sukanya Samriddhi Yojana changes in the future, there’s no need to worry about the amount already deposited. Interest in this scheme is calculated annually, and the applicable rate applies for that particular year.

The same is added to that year’s balance. The deposited funds are completely safe. This is a long-term plan, so minor changes won’t have much impact. This is why most people consider this plan a reliable and stable savings option for their daughter’s future.