In today's world, raising a child, especially ensuring quality education and financial security for a daughter, often comes with significant expenses. To ease this burden and encourage savings for girls’ futures, the Indian government introduced the Sukanya Samriddhi Yojana (SSY) in 2015 under the Beti Bachao, Beti Padhao initiative.

This government-backed small savings scheme allows parents to build a dedicated fund for their girl child through regular yearly or monthly deposits — while also availing tax benefits under the old tax regime. For the October to December 2025 quarter, SSY offers an interest rate of 8.2%, among the highest across small savings instruments.

All we know about the Sukanya Samriddhi Yojana

The account can be opened for a girl child aged 10 years or below.

Minim

See Full Page