Got a Baby Girl? Here’s How You Can Get ₹27 Lakh from the Government!

Delhi(The Uttam Hindu): Parents of girls under the age of 10 can now secure their daughter’s future with the Sukanya Samriddhi Yojana, a government savings scheme that offers an attractive tax-free annual interest rate of 8.2 percent. Under the scheme, parents or guardians can open an account in the girl’s name with a minimum deposit of ₹250 at any authorized bank or post office.

Contributions can be made for 15 years, and the full maturity amount becomes available when the girl turns 21. Officials said that a monthly investment of ₹1,000 totals ₹1.8 lakh in deposits over 15 years and grows to over ₹5.5 lakh at maturity, while a monthly saving of ₹2,000 can result in a corpus of around ₹11 lakh. Families who can afford to invest ₹5,000 each month could accumulate nearly ₹27 lakh by the time the daughter turns 21.

Partial withdrawals of up to 50 percent of the balance are allowed after the girl turns 18, which can be used for her higher education or marriage expenses. The government recently reviewed the scheme’s interest rates and kept them unchanged, making Sukanya Samriddhi Yojana a reliable and high-return investment option for parents planning their daughter’s long-term financial security.