Invest ₹1.5 Lakh Per Year to Get Nearly ₹72 Lakh: A Government Scheme That Secures Your Daughter’s Future
For Indian parents who want to build a strong financial foundation for their daughters’ future, the Sukanya Samriddhi Yojana (SSY) continues to be one of the most rewarding government-backed savings schemes. Designed under the Beti Bachao, Beti Padhao initiative, the scheme helps families save money for major expenses such as higher education and marriage — without financial stress.
With the current interest rate of 8.2%, Sukanya Samriddhi Yojana offers one of the highest returns among small savings schemes in India. Recent government data shared by Prime Minister Narendra Modi also highlights the scheme’s popularity — more than 4 crore SSY accounts have already been opened, holding over ₹3.25 lakh crore in deposits.
How SSY Helps You Accumulate Nearly ₹72 Lakh
If parents invest ₹1.50 lakh every year for 15 years, the maturity amount after 21 years can be around ₹72 lakh. That means the total investment of ₹22.5 lakh grows more than three times thanks to the power of compound interest.
Here’s a realistic calculation at the current 8.2% interest rate:
| Details | Amount |
|---|---|
| Annual Investment | ₹1,50,000 |
| Investment Duration | 15 years |
| Total Contribution | ₹22,50,000 |
| Approx. Interest Earned | ₹49,32,119 |
| Final Maturity Amount After 21 Years | ₹71,82,119 (≈ ₹72 lakh) |
A key benefit here is that you invest only for the first 15 years, but the account continues to earn interest for the entire 21-year maturity period, allowing the fund to grow rapidly.
What Is Sukanya Samriddhi Yojana?
Sukanya Samriddhi Yojana is a long-term savings plan launched by the Central Government exclusively for girl children. It supports parents in creating a secure financial corpus for their daughters.
Key eligibility and features:
✔ Account can be opened in the name of a girl below 10 years
✔ Only parents or legal guardians can open the account
✔ The account matures when the girl turns 21
✔ Partial withdrawal allowed for education after the age of 18
Investment Rules You Should Know
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Minimum investment: ₹250 per year
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Maximum investment: ₹1,50,000 per year
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Deposits can be made in a single payment or multiple installments
Even if you cannot make a large deposit every year, the scheme can remain active by depositing just ₹250 annually, making it accessible for every income group.
Tax Benefits — Triple Exemption Advantage
SSY falls under EEE (Exempt-Exempt-Exempt) tax status:
1️⃣ Investment is tax-deductible under Section 80C
2️⃣ Earned interest is tax-free
3️⃣ Maturity amount is completely tax-free
This makes it one of the most tax-efficient investment options for parents.
Why SSY Is the Best Option Today
Compared to fixed deposits and other savings plans, SSY’s 8.2% interest rate offers greater growth potential. With guaranteed returns, government backing, and tax savings, it gives parents peace of mind for their daughter’s upcoming needs.
✔ Secures funding for education
✔ Reduces the burden of wedding expenses
✔ Helps parents achieve long-term goals stress-free
Final Thoughts
Sukanya Samriddhi Yojana is not just a savings plan — it is a commitment to a brighter future for your daughter. A disciplined investment of ₹1.50 lakh per year can create a ₹72 lakh fund, ensuring she steps into adulthood with financial confidence and independence.
If you want a safe, high-return, and tax-friendly investment that supports your daughter’s dreams, SSY is undoubtedly one of the smartest choices today.
