Invest just ₹12,500 for your daughter's education and marriage, and you'll accumulate up to ₹70 lakh.

Sukanya Samriddhi Yojana: By investing just ₹12,500 annually in the Indian government's Sukanya Samriddhi Yojana, you can accumulate lakhs of rupees over the long term for your daughter's education and marriage. Learn the details.

Sukanya Samriddhi Yojana: All parents worry about their daughters' future. They are always worried about her education and marriage. Every parent strives to ensure their daughter receives a good education and accumulates sufficient funds for her marriage. To achieve this, many people start saving from a young age.

A similar facility is provided through the Sukanya Samriddhi Yojana, which is specifically designed for daughters. A small investment in this scheme can lead to a substantial sum over the long term. If invested at the right time, an investment of just ₹12,500 can accumulate up to ₹70 lakh.

How does the Sukanya Samriddhi Yojana work?

The Sukanya Samriddhi Yojana (SSY) is for daughters aged 10 to 15 years. Parents or guardians can open an account in their daughter's name under this scheme. Investments can begin with a minimum of ₹1,000, and the maximum investment limit is set by the government. The account lasts for 21 years and offers a good interest rate. The biggest advantage of this scheme is that investments are tax-free. Investors can create a secure fund for their daughter's future by making regular monthly or annual installments.

What to keep in mind?

Investing in the Sukanya Samriddhi Yojana (SSY) can accumulate a substantial amount over the long term. For example, a regular investment of ₹12,500 per year can accumulate approximately ₹70 lakh, including interest, over a 21-year period. The account can be used for the daughter's education and marriage.

Also, ensure that the account is activated on time and regular investments are made. The interest rate of the scheme is determined periodically by the government. Additionally, the daughter's birth certificate and guardian identification are required when opening an account. This scheme is an easy and reliable way to secure daughters' futures.