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Women Girl Child Education Health
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Beti Bachao Beti Padhao

Ministry of Women & Child Development
Save the girl child — Sukanya Samriddhi Yojana at 8.2% interest with 80C tax benefit
Jan 2015
Launch
All girl children
Beneficiaries
₹848 Cr
Annual Outlay
Installments/yr
⏱ Last updated: Mar 2024
📋

Overview & About

Save the girl child — Sukanya Samriddhi Yojana at 8.2% interest with 80C tax benefit

Beti Bachao Beti Padhao (BBBP) was launched on 22 January 2015 by PM Narendra Modi in Panipat, Haryana. The scheme aims to address the declining Child Sex Ratio (CSR) and promote welfare and education of the girl child.

The scheme works through three key pillars: prevent gender-biased sex selective elimination, ensure survival and protection of the girl child, and promote education and participation of girls.

The Sukanya Samriddhi Yojana, a savings scheme for the girl child, is a core financial instrument under BBBP offering 8.2% interest rate with tax benefits under Section 80C.

👧 Key Facts
Interest Rate 8.2% p.a.
Min Deposit ₹250/year
Max Deposit ₹1.5 lakh/year
Maturity 21 years
Tax Benefit Section 80C
Helpline 181
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Benefits

  • Sukanya Samriddhi Account: 8.2% interest (tax-free)
  • Maturity amount on girl's 21st birthday
  • Tax deduction under Section 80C (up to ₹1.5 lakh/year)
  • Partial withdrawal at 18 for education
  • Improved sex ratio through awareness campaigns
  • Free education programmes for girls

Eligibility Criteria

  • Girl child below 10 years of age
  • Account opened by parent/guardian
  • Maximum 2 accounts per family (one per girl child)
  • Indian citizens only
  • Minimum deposit: ₹250/year, Maximum: ₹1.5 lakh/year
📄

Required Documents

  • Girl child's birth certificate
  • Parent's Aadhaar Card
  • Parent's PAN Card
  • Address proof
  • Passport photo of parent & child
🚀

How to Apply

1
Visit nearest Post Office or authorised bank branch (SBI, BOI, PNB etc.)
2
Request Sukanya Samriddhi Yojana account opening form
3
Fill form and attach documents
4
Deposit minimum ₹250 to open account
5
Account matures when girl turns 21

Frequently Asked Questions

What happens if I miss a year's deposit?
Account becomes inactive but can be reactivated by paying ₹250 (minimum) + ₹50 penalty per defaulted year.
Can NRI open Sukanya Samriddhi account?
No, only residents of India can open this account.

Quick Facts

Interest Rate 8.2% p.a.
Min Deposit ₹250/year
Max Deposit ₹1.5 lakh/year
Maturity 21 years
Tax Benefit Section 80C
Helpline 181

Need Help?

For queries, visit the official ministry website or call the helpline.

📞 181
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