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Start investing in this scheme as soon as you have a daughter, you will earn 80-90 lakhs by the time of marriage; know the details.

Siddhi Jain | June 24, 2025 3:15 PM CST

The most notable aspect of this scheme is that the interest earned in it is also higher than that of other small savings schemes. Currently, for the first quarter of 2025, it is getting 8.2% annual interest.

If you have a small daughter and you want to save for her future today, then the Central Government's Sukanya Samriddhi Yojana (SSY) can prove to be a great option for you. This government scheme opened in the name of the daughter not only gives you a strong savings option but also gives a great opportunity to save tax. The most notable aspect of this scheme is that the interest earned in it is also higher than that of other small savings schemes. Currently, for the first quarter of 2025, it is getting 8.2% annual interest.

Invest in this way, there will be a huge benefit.

In this, you can invest from a minimum of Rs 250 to a maximum of Rs 1.5 lakh every year. The investment period is 15 years, but the maturity is 21 years. That is, you can open this account till the age of your daughter is 10 years and can withdraw the entire amount when she turns 21. Now pay attention to the calculation. If you invest 1.5 lakhs every year immediately after the birth of your daughter and do it for the entire 15 years, then the total deposit amount will be Rs 22.5 lakh. With the compound interest received on this, when the account matures in the 21st year, you can get a fund of about 65 to 72 lakhs.

This is how you will make 80 lakh rupees

Not only this, in this scheme you get a rebate of up to 1.5 lakhs every year under Section 80C of Income Tax. That is, if you invest 1.5 lakhs annually, you can save tax of about 45,000 (according to the tax slab). If this tax saving is done every year and that too is put into some savings or investment, then in 20 years this amount can reach 8-10 lakh rupees. That is, if you add the benefit of tax saving to the amount received from the basic plan (65-70 lakhs), then by the age of 21 years of your daughter, you can have a fund of up to 75-80 lakh rupees and that too is completely tax free.