From Savings to Strength: Sukanya Samriddhi Yojana Empowers India’s Girls

New Delhi: As the Sukanya Samriddhi Yojana (SSY) completes 11 years on 22 January 2026, the scheme stands out as a powerful tool for empowering India’s girls and securing their future. Launched on 22 January 2015 under the Government’s Beti Bachao, Beti Padhao campaign, SSY was designed not just as a savings scheme, but as a means to promote financial independence, education, and social inclusion for the girl child.

Since inception, over 4.53 crore accounts have been opened, with total deposits crossing ₹3.33 lakh crore as of December 2025. The scheme offers a high-interest rate of 8.2%, among the highest for dedicated savings instruments, and is backed by the Government, ensuring the principal and interest payments are fully guaranteed.

Key Features of Sukanya Samriddhi Yojana:

• Eligibility: Parents or legal guardians can open an account for any girl child from birth until the age of 10. A family can open accounts for up to two girls, with exceptions for twins or triplets.

• Deposits: Minimum deposit of ₹250 per year, maximum of ₹1.5 lakh. Contributions can continue for up to 15 years from account opening.

• Interest: Calculated monthly and credited annually, even if the account is transferred between banks or post offices.

• Withdrawals: Up to 50% can be withdrawn for education after the account holder turns 18 or completes the 10th standard. Early closure is allowed only for marriage (after 18 years) or in case of the account holder’s death.

• Maturity: Accounts mature 21 years from the date of opening. Post-maturity, funds continue to earn interest at Post Office Savings Account rates.

The SSY scheme not only ensures financial security for education and marriage expenses, but also promotes women’s empowerment by giving young girls a strong foundation for independence and confidence. Tax benefits under Section 80C of the Income Tax Act further encourage long-term savings.

The scheme’s growing popularity reflects a nationwide commitment to gender equality. Each SSY account represents faith in a girl child’s potential, supporting families, communities, and ultimately contributing to the nation’s progress.

As India continues to advance socially and economically, the Sukanya Samriddhi Yojana remains a symbol of hope and empowerment, demonstrating that investing in girls is an investment in the country’s future.