central government scheme

Sukanya Samriddhi Yojana

Common abbreviation: SSY

A dedicated savings account for a girl child under the Beti Bachao Beti Padhao campaign.

Quick Facts

AuthorityMinistry of Finance

Effective Date2015-01-22

Last Verified2026-07-03

Overview

SSY is a government-backed savings scheme aimed at encouraging parents to build a fund for the future education and marriage of their female child.

Guaranteed high interest rates (currently 8.2%), exempt-exempt-exempt (EEE) tax status.