SSY is the highest-returning government scheme with EEE tax status — essential for every girl child's parents.
Key Features
8.2% interest rate (highest among small savings). EEE tax status: Investment (80C), interest, and maturity all tax-free. Account for girl child below 10 years. Deposit for 15 years, matures in 21 years. Minimum ₹250/year, maximum ₹1.5L/year.
SSY vs PPF
SSY wins on rate (8.2% vs 7.1%) with same EEE status. But PPF is more flexible — anyone can open, partial withdrawal after 7 years. See our [SSY vs PPF comparison](/compare/ssy-vs-ppf) for details.
How Much Will You Get?
₹1.5L/year for 15 years at 8.2%: Maturity value at 21 years ≈ ₹69.3L. Total investment: ₹22.5L. Interest earned: ₹46.8L. Use our [PPF Calculator](/calculators/ppf-calculator) to model different amounts.
Withdrawal Rules
50% withdrawal for education after girl turns 18. Full closure for marriage after 18. Premature closure only for medical emergencies or guardian death.
How to Open
Visit any post office or authorized bank with: Girl's birth certificate, parent/guardian ID, address proof, and initial deposit (min ₹250).