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Govt. of India (Post Office / Banks)

Sukanya Samriddhi Yojana: tax-free savings for daughters

Tax-free savings

Added today

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Check the terms on the official site before you sign up.

Quick facts

DiscountTax-free savings
RegionIndia
ExpiryOngoing
CategoryWomen & Girls

Overview

Government-backed savings for a girl child: government-set interest, tax deduction under 80C and fully tax-free maturity.

Who can claim

Who is eligible

Parents/guardians of a girl below 10 years (max 2 daughters, 3 in case of twins/triplets).

How to claim

  1. 1
    Visit any post office or a bank that offers the scheme.
  2. 2
    Fill the account opening form with Aadhaar and PAN.
  3. 3
    Deposit the amount (cash/cheque/online for some banks).

What you get

Government-set interest rate
Deposit ₹250 to ₹1.5 lakh a year
Tax-free interest and maturity (EEE)
Matures in 21 years

Important terms

“Rates are reviewed every quarter. Partial withdrawal allowed after the girl turns 18 for education/marriage. Information only — scheme rules, amounts and dates can change. Confirm on the official government portal before applying. Never pay agents.”

Region: India
Ongoing
Women & Girls

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