Sukanya Samriddhi Yojana offers one of the highest small-savings interest rates, compounded yearly and fully tax-free. Check the latest rate and maturity rules.
How SSY interest and maturity work
- The interest rate is notified by the government every quarter.
- Interest is compounded annually and is fully tax-free (EEE status).
- Deposits are made for 15 years; the account matures 21 years from opening.
- Partial withdrawal is allowed for higher education after the girl turns 18.
See the current Sukanya Samriddhi interest rate on the official portal.
Related links
Frequently asked questions
Is Sukanya Samriddhi interest tax-free?
Yes — SSY has EEE status, so the deposit, interest and maturity amount are all tax-free.
When does a Sukanya Samriddhi account mature?
21 years from the date of opening, with deposits required for the first 15 years.