What is Sukanya Samriddhi Yojana?

The Sukanya Samriddhi Yojana is a government initiative to empower the girl child in India. Launched under the Beti Bachao Beti Padhao campaign, it offers a high-return, tax-free savings scheme. Use the Sukanya Samriddhi Yojana Calculator to plan effectively.

Openable for girls under 10, it matures after 21 years. With a minimum deposit of ₹250 and a maximum of ₹1,50,000 annually, it’s ideal for all families.

Key Features

• 8.0% interest rate (FY 2024-25)
• ₹1.5 lakh tax deduction under 80C
• Tax-free interest and maturity
• Minimum ₹250 annual deposit
• Maximum ₹1,50,000 per year
• 21-year maturity
• 50% withdrawal after 18 years
• Closure after 21 years

Using the Calculator

Enter your daughter’s age, annual deposit, contribution years, and interest rate. The Sukanya Samriddhi Yojana Calculator provides instant maturity and interest projections.

Eligibility

Girls under 10 can enroll. Only two accounts per family are allowed, requiring a birth certificate, guardian ID, address proof, and photos.

Rules & Withdrawals

Minimum ₹250 annually keeps the account active. After 15 years, contributions stop, but interest accrues. Withdraw 50% after 18 for education or marriage.