Sukanya Samriddhi Yojana: As the new year begins, parents looking to invest in their daughters’ futures are curious about whether the interest rate for the Sukanya Samriddhi Yojana (SSY) has gone up. Unfortunately, the answer is no. The Finance Ministry has kept the SSY interest rate steady at 8.2% per annum for the January-March 2026 quarter. This information was released on December 31, 2025, alongside the interest rates for other small savings schemes.

The government has confirmed that there is no change to the SSY interest rate at this moment. Previously, the interest rate for the October-December 2025 quarter was also fixed at 8.2%. This indicates that the interest rate for this well-liked scheme has not changed since April 1, 2024.

What is Sukanya Samriddhi Yojana?

The Sukanya Samriddhi Yojana is a savings initiative specifically aimed at girls. Under this program, an account can be established in the name of a girl child under the age of 10 at post offices or authorized banks. The annual interest rate of 8.2%, compounded annually, surpasses the current fixed deposit rates offered by many leading banks. This is why the scheme continues to be highly favored by parents and guardians.

According to the government, the interest rates for small savings schemes like SSY, PPF, and SCSS are set based on the yields of comparable-term government bonds (G-Secs) in the secondary market. This is the reason why the rates are currently stable.

Who can open an account?

The SSY account can be opened by the guardian of a girl child who is under 10 years old at the time of account opening. A maximum of two accounts can be opened in the names of two daughters per family. However, if twins or triplets are born, more than two accounts are allowed, subject to certain conditions. The guardian oversees the account until the girl child turns 18; after that, the girl can take over the management of the account by providing the necessary documentation.