Sukanya Samriddhi Yojana (SSY)
Central Scheme (All India)
Finance
Application Mode: OFFLINE
Active
Quick AI Summary
Small deposit scheme for the girl child, offering high interest rates and tax savings under the Beti Bachao Beti Padhao campaign.
Detailed Summary
SSY accounts can be opened in post offices or commercial banks by natural/legal guardians in the name of a girl child.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - High interest rate (notified quarterly). - Tax deduction benefits under Section 80C. - Maturity payout at age 21 or during marriage after age 18. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| age max | <= 10 |
| state id | = 3 |
Application Process Guide
- Open account at any post office or authorized bank branch by submitting birth certificate and guardian KYC.