The Indian government has started many welfare schemes for the people of the country. Now, a new scheme called the SSY Scheme has been launched. Under this scheme, you can get ₹70 lakh by investing only ₹70.

To apply for this scheme, you must have a girl child in your family. All citizens of India can apply for it. Below is the complete information about the scheme — what the SSY scheme is, who can apply, how to apply, how much money you need to invest, and what benefits you will get. If you are interested, read the full report carefully and take part in the application process.

SSY Scheme: Secure Your Daughter’s Future

The Indian government has always focused on women’s empowerment. To help women become self-reliant, it has launched many welfare schemes. One of these is the SSY (Sukanya Samriddhi Yojana) scheme. This scheme aims to support families with girl children and reduce discrimination against girls.

Having a girl child often becomes a matter of financial concern for parents, especially for education and marriage. The government started the SSY scheme to help such families. Through this post office scheme, you can get up to ₹70 lakh by investing only ₹70 regularly over time.

Eligibility to Apply

  • You must be a permanent resident of India.
  • You must have a girl child in your family.
  • You can apply within 10 years of your daughter’s birth.
  • You must have valid identity documents like Aadhaar, PAN, or Voter ID.
  • When your daughter turns 18 years old, you can start getting the benefits of the scheme.

Investment Period and Benefits

The earlier you start, the more benefits you will get. You must invest for at least 15 years. You can withdraw up to 50% of the amount for your daughter’s higher education after she turns 18 or passes Class 10. The full amount can be withdrawn when she turns 21 years old.

The SSY scheme offers an 8.2% interest rate, which is higher than most government schemes. You also get tax benefits under this plan.

If you invest ₹1.5 lakh every year for 15 years, the total amount will grow to around ₹69,27,578 in 21 years — a return unmatched by other schemes.

How to Apply

  1. Visit your nearest post office or a bank branch such as SBI, PNB, or Bank of India.
  2. Collect the SSY application form.
  3. Fill in your details and attach necessary documents such as your daughter’s birth certificate, guardian’s ID proof, address proof, and photos.
  4. Submit the form at the same branch.
  5. You can also get more details by visiting the official website of the Government of India or your nearest postal department.
  6. This simple scheme helps secure your daughter’s future and promotes savings with strong government support.