Sukanya Samriddhi Scheme: Deposits Cross ₹3.33 Lakh Crore, Empowering Girl Child
Business
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Moneycontrol•21-01-2026, 19:22
Sukanya Samriddhi Scheme: Deposits Cross ₹3.33 Lakh Crore, Empowering Girl Child
- •Launched in 2015 under Beti Bachao, Beti Padhao, SSY aims for financial security and social transformation for girls.
- •Over 4.53 crore accounts opened, with total deposits exceeding ₹3.33 lakh crore, reflecting widespread adoption.
- •Offers an 8.2% annual interest rate, one of the highest for girl child savings, with government-guaranteed principal and interest.
- •Parents/guardians can open an account for a girl child up to 10 years old at India Post or authorized banks.
- •Allows partial withdrawals (up to 50% of balance) for education once the girl turns 18 or passes 10th standard.
Why It Matters: SSY has become a vital savings tool, empowering girls through financial security and social inclusion.
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