Published: 23 January 2026Economy
Sukanya Samriddhi Yojana Completes 11 Years: 4.53 Crore Accounts, ₹3.33 Lakh Crore Deposits
The Sukanya Samriddhi Yojana (SSY), the government-backed savings scheme for the girl child, completed 11 years on January 22, 2026. As of December 2025, the scheme had 4.53 crore accounts opened with deposits exceeding ₹3.33 lakh crore, marking one of the most successful small savings instruments in India.
Launched on January 22, 2015 as part of the Beti Bachao Beti Padhao campaign, SSY offers an interest rate of 8.2% per annum (Q4 FY26), tax-free returns under Section 80C, and a maturity period of 21 years or upon the girl's marriage after age 18. The scheme targets financial security for the girl child and has significantly improved household savings behaviour in rural areas.
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Frequently asked questions
What milestone did Sukanya Samriddhi Yojana complete in January 2026?
**Sukanya Samriddhi Yojana (SSY)** completed **11 years** since its launch in January 2015 by PM Modi. The scheme has grown to **4.53 crore accounts** with a total corpus of **₹3.33 lakh crore**, making it one of India's most successful small savings schemes. The scheme offers an **interest rate of 8.2% per annum** (highest among small savings), tax exemption under Section 80C, and is exclusively for **girl children under 10 years**.
What are the key features of Sukanya Samriddhi Yojana?
**Sukanya Samriddhi Yojana (SSY)** features: (1) **Eligibility**: girl child up to age 10, maximum 2 accounts per family; (2) **Minimum deposit**: ₹250/year, maximum ₹1.5 lakh/year; (3) **Interest rate**: **8.2% p.a. (2024-25)** — highest small savings rate; (4) **Tax benefit**: deposits, interest, and maturity amount are **all tax-free (EEE status)** under Section 80C; (5) **Maturity**: account matures when girl turns **21** or at marriage after age 18; (6) **Partial withdrawal**: 50% allowed at age 18 for education.
How does Sukanya Samriddhi Yojana compare with other small savings schemes in India?
**SSY at 8.2%** offers the highest interest rate among small savings: PPF gives **7.1%**, Senior Citizens Savings Scheme **8.2%** (for seniors only), NSC **7.7%**, KVP **7.5%**, and Post Office Time Deposits **7.5%** (5-year). SSY's **EEE (Exempt-Exempt-Exempt) tax status** — where contributions (up to ₹1.5 lakh) are deductible, interest is tax-free, and maturity proceeds are tax-free — makes it the most tax-efficient savings instrument for a girl child's future.
What is the broader goal of Sukanya Samriddhi Yojana under Beti Bachao Beti Padhao?
**SSY** is a financial pillar of the **Beti Bachao Beti Padhao (BBBP)** campaign launched simultaneously in January 2015. The scheme aims to: (1) create a **dedicated savings corpus** for girl children's education and marriage; (2) incentivize parents to value and invest in daughters; (3) reduce the **economic burden** of daughter's education/marriage that historically led to female discrimination; and (4) increase **financial inclusion** of girls and women through formal banking and post office networks.
What is the maturity amount a parent can expect from Sukanya Samriddhi Yojana?
If a parent deposits the **maximum ₹1.5 lakh per year** in **SSY** for 15 years (deposit period), at **8.2% interest**, the maturity amount (at girl's age 21) would be approximately **₹71 lakh**. At the minimum ₹250/year for 15 years, the maturity amount would be approximately ₹1,200+. **SSY** is specifically designed so that even small regular savings create a meaningful corpus for higher education or marriage when the girl child reaches adulthood — a key financial security mechanism under **BBBP**.
