Sukanya Samriddhi Yojana- If you also have a daughter and want to brighten her future, then today’s report is just for you. Sukanya Samriddhi Yojana can make your daughters lakhpatis. Under this scheme, an interest rate of 8.2% is currently being given (this rate is applicable from 1 January 2025 to 31 March 2025). If you open an account in Sukanya Samriddhi Yojana in 2025 and invest Rs 1.5 lakh per year, then according to the current interest rate, you can create a total fund of Rs 69,27,578 at the time of maturity.

However, in this scheme, anyone can open an account for their daughter below 10 years of age. Let us tell you that an account can be opened in Sukanya Samriddhi Yojana with Rs 250 per annum.

Sukanya Samriddhi Yojana Interest Rates (2025)

This is a small savings scheme. The government fixes the interest rate for this scheme every three months. The government has fixed the interest rate of Sukanya Samriddhi Yojana up to 8.2% for the April-June 2025 quarter. This scheme also offers the benefit of income tax exemption on investment up to Rs 1.50 lakh in a year. This scheme comes with EEE status. Also, in this you get compound interest on an annual basis.

How to invest in Sukanya Samriddhi Yojana

If you want to invest in Sukanya Samriddhi Yojana (SSY) or open an account, then this facility is available in post offices, government and private banks. For this you will need some documents:

Documents required for Sukanya Yojana

  • Birth certificate of girl child
  • Photo ID of the applicant’s parent or legal guardian
  • Address proof of the applicant’s parent or legal guardian
  • KYC proof like PAN, Voter ID, Aadhar card

application procedure

The application form for Sukanya Samriddhi Yojana can be downloaded from the RBI website, Indian Post website, official website of banks. Then you have to enter the main details in the application form by the girl child, parents or legal guardian:

How to Open SSY Account?

Currently, there is no online way to open an account for Sukanya Samriddhi Yojana . You can download the application form from the bank or Indian Post website. After filling that form, you can open a Sukanya Samriddhi Yojana (SSY) account offline by going to your nearest post office or bank. You can follow the steps given below to open an account:

Step-1: First of all go to your nearest bank or post office where you want to open SSY account.

Step-2: You have to fill the application form for SSY . Also, the necessary documents have to be attached.

Step-3: You can pay the amount you want to open the account through cash, cheque or demand draft. You can deposit from Rs 250 to Rs 1.5 lakh per year in this account.

Step-4: Your application and payment will be processed by the bank or post office.

Step-5: After processing, your SSY account will be activated. You will also be given a passbook by the bank or post office.

Desclaimer: For any financial invest anywhere on your own responsibility, Times Bull will not be responsible for it.