Sukanya Samriddhi Yojana Interest Rate 2025 Update

Sukanya Samriddhi Yojana (SSY), launched for the better future of daughters, was launched by Prime Minister Narendra Modi on 22 January 2015 under the Beti Bachao Beti Padhao campaign. This is a special savings scheme only for girls. If your daughter is under 10 years of age, then this scheme can be very beneficial for you. In this blog, we will tell you the latest interest rate of Sukanya Samriddhi Yojana 2025 and explain why this scheme is important for parents in today's time.

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana (SSY) is a small savings scheme launched by the Government of India, which is specially designed for daughters. Its purpose is to provide financial assistance for the education and marriage of daughters. Under this scheme, parents or guardians can open an account in the name of their daughter as long as the daughter is below 10 years of age. A family can open accounts for a maximum of two daughters. In this scheme, you have to invest a minimum of Rs. 250 and a maximum of Rs. 1.5 lakh every year. The maturity period is 21 years; that is, after 21 years from the date of opening the account, the entire money will be available in the name of the daughter. This scheme gives safe, tax-free, and guaranteed returns; hence, it is considered an excellent long-term investment.

Sukanya Samriddhi Yojana Interest Rate 2025

The year 2025 has started with good news in Sukanya Samriddhi Yojana. For the quarter from January to March 2025 (Q4 FY 2024-25), the government has fixed an annual interest rate of 8.2% on this scheme. This Sukanya Samriddhi Yojana current interest rate is completely tax-free, and it keeps compounding throughout the year, which increases the returns even more. Interest rates are reviewed every quarter (once in three months). These rates are decided by the Government of India, and their basis is the yield of government bonds and the recommendations of the Shyamala Gopinath Committee. The committee says that the interest rates of small savings schemes should be 0.25% to 1% higher than the rates of government bonds.

Sukanya Samriddhi Yojana Interest Rate History

Here's a detailed year-wise breakdown of the Sukanya Samriddhi Yojana interest rate history to help you track how the returns have changed over time.

Sukanya Samriddhi Yojana Interest Calculation with Example

In Sukanya Samriddhi Yojana, interest is compounded every month, that is, every month interest is added on the money deposited by you and the next month interest is again charged on the same amount. At the end of the year, the entire interest is added and deposited in the account.

Now let's understand this with a simple example:

Suppose your daughter is currently 3 years old and you have opened an account in Sukanya Samriddhi Yojana in her name. You invest Rs. 1,50,000 in this account every year as per the maximum limit.

The government has set the interest rate at 8.2% per annum for 2025, and we assume that this interest rate remains the same throughout the investment period.

Now, let's see what happens:

• Investment period: 15 years (Rs.1.5 lakh deposited every year)

• Maturity: 21 years (from the date of opening the scheme)

• Total investment: Rs.1.5 lakh × 15 years = Rs.22,50,000

• Total amount on maturity: Around Rs.65 to Rs.72 lakh (including interest, due to compounding)

This means that this scheme started when your daughter is 3 years old will be completed at the age of 24, when she will need funds for higher education or marriage. The most important thing is that the interest received in this scheme is also completely tax-free. That is, whatever return you get will be used for your daughter without any tax deduction.

(Note: These calculations are approximate. The government revises the SSY interest rate every quarter.)

If you are looking for a safe, guaranteed, and tax-free investment for your daughter's future, then Sukanya Samriddhi Yojana is an excellent option.

Key Benefits of Sukanya Samriddhi Yojana in 2025

If you are looking for a safe and profitable investment plan for your daughter, Sukanya Samriddhi Yojana (SSY) is a great option in 2025.

• High interest rate: This scheme is offering 8.2% annual interest in the first quarter of 2025, which is much higher than other small savings schemes. The interest is compounded every month, which makes your savings grow faster.

• Tax savings: Investments made in this scheme are tax-free under Section 80C. You can invest up to Rs.1.5 lakh every year and get a tax exemption on it.

• Government guarantee: This scheme is backed by the government, so there is no risk of losing money. It is a reliable and safe option, especially for long-term planning.

Hence, SSY can prove to be a smart investment in 2025!

How to Open an SSY Account

Opening a Sukanya Samriddhi Yojana account is very easy. You can open it by visiting any nearest post office or authorized government/private bank.

Required Documents:

• Daughter's birth certificate

• Parent or guardian's photo ID proof (e.g., Aadhaar card, PAN card)

• Address proof - electricity bill, ration card, etc.

Account opening process: This process is mostly offline right now. You have to fill out the form and submit it to the bank or post office along with all the documents. Download the form online, but the final process is completed only by visiting the branch.

After opening the account, you get a passbook, which contains information about every transaction.

Conclusion

Sukanya Samriddhi Yojana (SSY) remains a reliable and smart investment option even in 2025. This scheme is especially for those parents who want to make financial preparations for the bright future of their daughters from today.

The interest rate of 8.2% offered in this government-backed scheme is not only attractive but also completely tax-free. Investors also get a tax exemption of up to Rs. 1.5 lakh under Section 80C, making this scheme doubly beneficial.

Apart from this, its maturity of 21 years can easily cover major expenses like a daughter's education and marriage. This scheme gives both financial security and mental peace to the parents.

If you also want to give a strong financial foundation to your daughter, then adopt SSY today—because the sooner you start, the better the future will be!

FAQs

Q. What is the current interest rate of Sukanya Samriddhi Yojana in 2025?

The interest rate on Sukanya Samriddhi Yojana in the first quarter of 2025 is 8.2% per annum, which is reviewed by the government on a quarterly basis.

Q. How long do I need to invest in the Sukanya Samriddhi Yojana?

In this scheme, you have to invest for 15 years, but the account lasts for 21 years. In the intervening years, you keep getting interest, even if you do not invest.

Q. Who can open a Sukanya Samriddhi Yojana account?

Any parent or guardian can open this account in the name of a daughter below the age of 10 years. A family can open an SSY account for a maximum of two daughters.

Q. Where can I open the SSY account?

You can open a Sukanya Samriddhi Yojana account at the nearest post office or authorized branches of public/private banks.

Q. What are the documents required to open the account?

Documents required to open an account are

• Daughter's birth certificate

• Parent's or guardian's photo ID (like Aadhaar or PAN card)

• Address proof (like a ration card, electricity bill, etc.)

Q. How much can I invest in SSY yearly?

In this scheme, you can invest from Rs. 250 to Rs. 1.5 lakh every year. This investment can be made in a lump sum or in installments.

Q. Is the interest earned on Sukanya Samriddhi Yojana taxable?

No, the interest earned from this scheme is completely tax-free. Also, the investment is eligible for tax exemption under 80C.

Q. Can I withdraw money before maturity?

Yes, there is a facility for partial withdrawal when the daughter turns 18 years old and for education. The entire amount is available only after 21 years.

Q. Is online account opening available for SSY?

At present, SSY accounts are mainly opened offline, but many banks provide the facility of downloading the form on their website. The final process has to be completed by visiting the branch.

Q. What happens if I fail to deposit the minimum amount?

If you do not deposit Rs.250 annually, the account becomes default. To activate it again, you have to deposit the previous amount along with the penalty.