Sukanya Samriddhi Yojana: Latest Interest Rate, Benefits and Updates

The Sukanya Samriddhi Yojana (SSY) is a government-backed small savings scheme for the girl child. Launched in 2015 under the Beti Bachao, Beti Padhao campaign, it encourages parents to save for their daughter’s education and marriage. In 2025, the scheme has completed a successful decade and continues to be one of the most trusted saving plans for Indian families.

Current Interest Rate

For the quarter July to September 2025, the interest rate on SSY remains steady at 8.2% per annum, compounded annually. The rate is the same as in the previous two quarters, showing stability for savers.

Why the Rate Matters

Even though the RBI reduced repo rates earlier in 2025, the government decided to keep small savings scheme rates unchanged. This provides predictability and safety to families investing in SSY for long-term goals.

Ten Years of Impact

On January 22, 2025, the Sukanya Samriddhi Yojana completed 10 years. Till November 2024, more than 4.1 crore accounts had been opened across India, proving how popular and impactful the scheme has become.

Key Features of SSY
Minimum deposit: ₹250 per year
Maximum deposit: ₹1.5 lakh per year
Account matures after 21 years from opening
Deposits allowed only for the first 15 years
50% withdrawal permitted at age 18 for higher education

Investments eligible for tax deduction under Section 80C and maturity amount is tax-free

Conclusion

The latest update of 2025 shows that Sukanya Samriddhi Yojana remains strong with a steady 8.2% return, government guarantee, and tax benefits. For parents planning their daughter’s future, this scheme continues to be a safe and rewarding option even after a decade of success.