Sukanya Samriddhi Yojana Interest Rate at 8.2% for April-June 2025; Know How to Open an Account, Deposit Limit

The union government has kept the interest rate for the Sukanya Samriddhi Yojana (SSY) unchanged at 8.2% for the April to June 2025 quarter. There will be no change in the returns for those investing in this small savings scheme during this period. SSY continues to be one of the most attractive savings options for parents planning for their daughters' future education and marriage expenses.

Sukanya Samriddhi Yojana (SSY)

The Sukanya Samriddhi Yojana (SSY) is a widely trusted small savings scheme in India, specially designed to help parents secure the future of their girl child. Launched under the Beti Bachao, Beti Padhao initiative, the Sukanya Samriddhi Yojana (SSY) is a government-backed scheme that offers a secure and tax-free way for families to save for their daughter's education and marriage. With its attractive interest rates and tax benefits, SSY has become a popular long-term savings option for families looking to invest in their daughter's future.

The government of India reviews interest rates for small savings schemes, such as the Sukanya Samriddhi Yojana, quarterly to ensure that they are in accordance with current economic conditions and financial market trends.

Interest Rate of Sukanya Samriddhi Yojana

The annual interest rate for the Sukanya Samriddhi Yojana will remain at 8.2% for the April-June 2025 quarter, making it one of the highest among post office savings programs. T he government has not adjusted the interest rate on any small savings schemes for the current quarter.

How to Open Sukanya Samriddhi Yojana Account?

Those Indian citizens who have a daughter below the age of 10 years, can open a Sukanya Samriddhi Yojana account in her name. This scheme helps you save for your daughter's education, marriage or any other purpose with good interest and tax benefits. Here is how you can open the account:

• Go to your nearest post office or any authorised public/private sector bank that offers the SSY scheme.
• Ask for the Sukanya Samriddhi Yojana account opening form and fill in all required details carefully.
• Attach required Documents with form like birth certificate of the girl child, identity proof of the parent/guardian,
• Address proof of the parent/guardian and a passport-size photo.
• Deposit a minimum initial amount of Rs 250 to open the account. You can deposit more if you want, up to Rs 1.5 lakh per year.
• Once the account is opened, the post office or bank will give you a passbook.

Sukanya Samriddhi Scheme: Deposit Limits

You can open a Sukanya Samriddhi Yojana account with a minimum deposit of Rs 250, which makes it easy for most families to start saving. To keep the account active, you must deposit at least Rs 250 every financial year. You can deposit up to Rs 1.5 lakh in a year. You can make your deposits either in one lump sum or in monthly instalments, but each instalment must be in multiples of Rs 50.

The interest on SSY deposits is compounded annually and tax-free. The maturity amount is also tax-free.