The Government of India launched Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana) to secure the future of daughters. The scheme was launched on 22 January 2015 under the ‘Beti Bachao, Beti Padhao’ campaign. The objective of this scheme is to provide financial assistance for the education and marriage of daughters.
In this scheme, parents or parents can open an account in their daughter’s name and make a good fund by making regular investments in it. In this article, we will tell you how much benefit will be made in this scheme and easy way to understand it.
Introduction to Sukanya Samriddhi Yojana (Sukanya Samriddhi Yojana)
Sukanya Samriddhi Yojana is a government savings scheme, especially made for girls. This scheme not only protects the future of daughters but also provides tax benefits on investing in it.
Overview of Sukanya Samriddhi Yojana
| Properties | Description |
| Minimum investment amount | ₹ 250 per year |
| Maximum investment amount | ₹ 1,50,000 per year |
| Current interest rate (2025) | 8.2% per year |
| Age limit of account opening | Girl under 10 years old |
| Maturity period | 21 years after opening an account |
| Tax benefits | Under Section 80C |
| Partial withdrawal facility | Up to 50% after the age of 18 years |
Investment and benefits in Sukanya Samriddhi Yojana
Investing in this scheme, you get the benefit of high interest rate, which is more than other savings schemes. In addition, it is a tax-free scheme. Let us know how much will be benefited by investing in it.
Calculation of interest rate and maturity amount
The current interest rate of Sukanya Samriddhi Yojana is 8.2% per year. This interest is annually compounded annually. Understand the example below:
Example:
- If you deposit ₹ 1,50,000 every year:
- Deposit for 15 years: ₹ 22,50,000
- Maturity amount (21st year): around ₹ 63,00,000
- If you deposit ₹ 50,000 every year:
- Deposit for 15 years: ₹ 7,50,000
- Maturity amount (21st year): around ₹ 21,00,000
The main features of Sukanya Samriddhi Yojana
1. Interest Rate
The current interest rate in Sukanya Samriddhi Yojana is 8.2% per year. This rate is decided by the government every quarter.
2. Long -term investment
In this scheme, after opening the account, you have to invest only for 15 years. Even after this, your money keeps earning interest until the account matures.
3. Tax Benefits
On investing in this scheme, you get tax exemption under Section 80C. Also, earned interest and maturity amount is also tax-free.
4. Partial withdrawal facility
When the girl turns 18, 50% amount can be withdrawn from the account for her higher education.
5. Government guarantee
This is a government scheme, so your money is completely safe in it.
How to open Sukanya Samriddhi account?
Necessary documents:
- Birth certificate of girl
- Parent or guardian identity card
- Address proof
- Passport Size Photo
Account opening process:
- Visit the nearest post office or bank branch.
- Fill the application form and submit the required documents.
- Activate the account by depositing minimum ₹ 250.
Terms and conditions related to Sukanya Samriddhi Yojana
| Rule | Description |
| Age limit of account opening | The age of the girl should be less than 10 years |
| Minimum annual investment | ₹ 250 |
| Maximum annual investment | ₹ 1,50,000 |
| Number of accounts | An account for a girl |
| Family account limit | Maximum two accounts (except for twins) |
Sukanya Samriddhi Yojana: Benefits and Damage
Benefits:
- High interest rate
- Tax-free profit
- Long -term safe investment
- Partial withdrawal facility
Loss:
- The lock-in period is long.
- Penal duty is charged for not depositing minimum amount on time.
Simple Count: How much will be the benefit?
Below is a table which shows how much benefit you will get on various annual investments:
| Annual investment (₹) | Total deposit (in 15 years) | Maturity amount (in 21st year) |
| ₹ 250 | ₹ 3,750 | Around ₹ 10,500 |
| ₹ 10,000 | ₹ 1,50,000 | Around ₹ 4,20,000 |
| ₹ 50,000 | ₹ 7,50,000 | Around ₹ 21,00,000 |
| ₹ 1,50,000 | ₹ 22,50,000 | Around ₹ 63,00,000 |
Sukanya Samriddhi Yojana: Important things
- The account can only be opened in the name of an Indian resident girl.
- If the minimum annual amount is not deposited, the account is defaulted.
- It is difficult to close after opening an account; This can be done only under special circumstances.
Conclusion and disclaimer:
Sukanya Samriddhi Yojana is a great way to secure the future of daughters. It not only prepares funds for their education and marriage but also provides tax benefits to parents. However, it is a long -term investment plan and has a lock in it.
Disclaimer: This article is written only for the purpose of providing information. Please seek specialist advice before taking any financial decision.
