Secure your future with Sukanya Samriddhi Yojana: a wise investment for your daughter's prosperity and education. Start saving today
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed to promote the financial security of the girl child in India.
Under this scheme, parents or guardians can open an account in the name of a girl child below the age of 10.
One of the primary benefits of the Sukanya Samriddhi Yojana is its attractive interest rate, which is typically higher than that of other savings schemes.
The deposits made in this account qualify for tax deductions under Section 80C of the Income Tax Act, making it a tax-efficient investment option.
Additionally, the scheme offers compounded tax-free returns, ensuring substantial growth of the invested amount over time. Furthermore, the maturity proceeds are entirely tax-free, providing a significant corpus for the girl child's future education, marriage, or other expenses.
Overall, Sukanya Samriddhi Yojana not only fosters financial inclusion but also empowers families to secure a brighter future for their daughters.
