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Sukanya Samriddhi Account information


Sukanya Samriddhi Account
CountryIndia
Launched22 January 2015; 9 years ago (2015-01-22)
StatusActive

Sukanya Samriddhi Account (Girl Child Prosperity Account) is a Government of India backed saving scheme targeted at the parents of girl children. The scheme encourages parents to build a fund for the future education of their female child.[1][2]

The scheme was launched by Prime Minister Narendra Modi on 22 January 2015 as a part of the Beti Bachao, Beti Padhao campaign. The scheme currently provides an interest rate of 8.2%[3] (For Jan -Mar 2024 quarter) and tax benefits. The account can be opened at any India Post office or branch of authorized commercial banks.

The Sukanya Samriddhi Account Rules, 2016 was rescinded on 12 December 2019 and the new Sukanya Samriddhi Account Scheme, 2019 was introduced.[4]

  1. ^ "Small savings: Girl, uninterrupted". The Financial Express (India). 30 March 2015. Retrieved 2 July 2015.
  2. ^ "Sukanya Samriddhi Yojana (SSY): What is Sukanya Samriddhi Yojana? All you need to know". The Economic Times. Retrieved 23 May 2019.
  3. ^ "Sukanya Samriddhi Yojana (SSY): Post Office Scheme, Interest Rate, Age Limit, Excel Calculator, Eligibility, Benefits And Details In 2024". weinvestsmart.com. 30 December 2023. Retrieved 3 January 2024.
  4. ^ "Sukanya Samriddhi Account Scheme, 2019". Retrieved 14 April 2020.

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