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SSY Calculator

Sukanya Samriddhi Yojana - Secure your daughter's future

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₹250₹1.5L
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0 Yr10 Yrs

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Sukanya Samriddhi Yojana (SSY) Guide

What is SSY?

Sukanya Samriddhi Yojana is a government-backed savings scheme launched as part of the "Beti Bachao, Beti Padhao" campaign. It is designed to encourage parents to build a fund for the future education and marriage expenses of their female children.

Key Rules & Tenure

  • Account can be opened for a girl child below 10 years of age.
  • Maximum of 2 accounts per family (one for each girl).
  • Investment period: 15 years from the date of opening.
  • Maturity period: 21 years from the date of opening.
  • Minimum investment: ₹250 per year.
  • Maximum investment: ₹1.5 Lakh per year (eligible for 80C deduction).

Tax Benefits (EEE Status)

SSY enjoys the Exempt-Exempt-Exempt (EEE) status, making it one of the most tax-efficient schemes in India:

  • 1
    Exempt on Investment: Deduction under Section 80C up to ₹1.5L.
  • 2
    Exempt on Interest: The interest earned is fully tax-free.
  • 3
    Exempt on Maturity: The final maturity amount is fully tax-free.