A government scheme that can offer a profit of Rs 72 lakh after maturity. This scheme can be opened through post offices or banks. However, this scheme is not open to everyone. It can be opened only in the name of a girl. Sukanya Samriddhi Yojana (SSY), which can provide a large amount of money with low investment and minimal risk.

Sukanya Samriddhi Yojana (SSY) is one of the most attractive small savings schemes of the post office for girls. Among all the post office schemes, SSY offers the highest compound interest rate of 8.2%. The interest increases quarterly at a compound rate and is 8.2% for the October-December 2025 quarter.

Also read –Daughter’s Education and Marriage Worries Gone, Get Rs 70 Lakh Under this Scheme, Read Details

More than 4 crore accounts

Prime Minister Narendra Modi recently announced that the number of Sukanya Samriddhi Yojana accounts has now crossed 4 crore. So far, more than Rs 3.25 lakh crore has been deposited. If parents invest a maximum of Rs 1.5 lakh annually, their daughter can accumulate a lot of money in SSY by the time she turns 21. Alternatively, if they deposit Rs 12,500 every month, they can get a lot of money.

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How much is the minimum amount that can be deposited in this scheme per month?

Under Sukanya Samriddhi Yojana, a minimum of Rs 250 can be deposited to a maximum of Rs 1.50 lakh in a financial year. A maximum of Rs 1.50 lakh can be deposited in a year, either in a lump sum, in multiple installments, or even monthly. Deposits can be made up to the end of the 15-year term, but the maturity date will be after the account reaches the age of 21 from the date of opening.

Tax benefits of Sukanya Samriddhi Yojana

The funds deposited in Sukanya Samriddhi account are eligible for tax deduction under Section 80C of the Income Tax Act, 1961. However, only taxpayers following the old tax regime can avail tax benefits under this scheme, although the income earned through this scheme is completely tax-free.

How much will you get at maturity?

If a person starts investing Rs 1.5 lakh at the time of his daughter’s birth, he can get Rs 72 lakh at the age of 21.

Annual Deposit: Rs 1,50,000 Deposit Period: 15 years Maturity: 21 years Interest Rate: 8.2% Total Deposit: Rs 22,50,000 Interest Earned: Rs 49,32,119 Total Amount at Maturity: Rs 71,82,119

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