Investment

SSY

Also known as: Sukanya Samriddhi Yojana, Girl Child Savings Scheme

Sukanya Samriddhi Yojana - Government scheme for girl child education with highest post office returns.

Detailed Explanation

Sukanya Samriddhi Yojana (SSY) is for girls below 10 years offering 8.2% annual return for 21 years. Maximum investment ₹1.5 lakh annually with EEE tax status. Partial withdrawal allowed after 18 for education. Highest returns among all post office schemes, ideal for long-term education planning.

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Related Terms

Post Office Schemes

Government-backed savings and investment products offered through India Post with guaranteed returns.

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