Learn Trading Under The Guidance of Vivek Bajaj + 4 Mentors - Know More

100 FAQ's on Basic Finance

Module Units

Sukanya Samriddhi Scheme (SSS)

Sukanya Samridhi Yojana is a small savings scheme launched by the Government as a part of their ‘Beti Bachao, Beti Padhao’ campaign. 

Overview of SSS

Age Limit

0-10 Years

Investment Amount

₹250 - ₹1,50,000

Maximum Account can be opened


Maturity Duration

21 Years

Contributions to SSY accounts not only secure your child's future but also offer significant tax benefits. 

Under Section 80C, you can claim deductions up to Rs. 1.5 lakh annually. Moreover, the interest earned and withdrawals are completely tax-free, making it a smart financial move.

Here’s the chart showing the average interest rate of SSY on a YoY basis 

To calculate the maturity amount, check out the Sukanya Samriddhi Yojana Calculator.

Did you like this unit?

Units 38/101