It is a small savings plan for the advantage of girls.
Post Offices and government-run banks both offer this government-run programme.
A girl child under the age of 10 may open this account in her name.
A maximum of two Sukanya Samriddhi Yojana accounts can be opened per family.
2 Girl Children
A maximum of two Sukanya Samriddhi Yojana accounts can be opened per family.A third account is permitted only in the case of the birth of twins/triplets.
2 Girl Children
The minimum deposit for the Sukanya Samriddhi Yojana account is Rs 250 per year, while the maximum deposit is Rs 1.5 lakh per year.
Small Investments
An SSY account matures after 21 years or when the girl kid marries after turning 18.However, only deposits lasting 15 years are permitted in the account.
Maturity Of Scheme
The scheme offers an interest rate of 7.6 per cent. Also, one can claim income tax benefits under Section 80C on the investment amount. The interest earned from the scheme is tax-free.