Sukanya Samriddhi Yojana Interest Rate 2025

📈 Current Interest Rate (April 1 – September 30, 2025)

• The SSY interest rate remains at 8.2% per annum, compounded annually, for the quarter from April 1 to June 30, 2025, and continues through July 1 to September 30, 2025. (groww.in)
• The Finance Ministry confirmed no rate change despite the RBI lowering the repo rate by 100 basis points—helping sustain savers’ returns. (upstox.com)

🔍 Why Has the Rate Stayed Steady?

• The Government reviews small savings rates quarterly, aligning them with government bond yields (G‑Secs). Even though yields dropped following the RBI repo rate cut, financial authorities chose to maintain SSY at 8.2%, emphasizing social objectives and reliable savers’ trust.
• SSY’s consistent rate supports the larger “Beti Bachao, Beti Padhao” mission by providing secure, long-term savings for girl children. (upstox.com)

📊 Historical Snapshot of SSY Rates

Period	Interest Rate
Jan 1 – Mar 31, 2024	8.2%
Apr 1 – Jun 30, 2024	8.2%
Q3 & Q4 2023	8.0%
2022–23	7.6%
Earlier	8.1%–9.2%

• SSY interest peaked around 9.2% during 2015–16, then gradually declined to 7.6% by 2022 before rebounding to 8.0% and 8.2% during 2023–24. (navbharattimes.indiatimes.com, pmgovtschemehub.com)

🧾 Key Features of SSY

1. Eligibility
   • Only a girl child under age 10 (plus a 1-year grace period). One parent/guardian can open up to two accounts (three for twins/triplets). (upstox.com)
2. Deposit Range
   • Minimum ₹250/year; maximum ₹1.5 lakh/year. Initial deposit also ₹250 min. (centralbankofindia.co.in)
3. Tenure
   • Deposits accepted for 15 years from opening; the account matures after 21 years, or upon marriage at 18. (en.wikipedia.org)
4. Partial Withdrawals
   • Up to 50% withdrawal allowed for education/marriage after the girl turns 18 or completes 10th grade. (pmgovtschemehub.com)
5. Tax Benefits
   • Contributions qualify for Section 80C deduction (max ₹1.5 lakh/year); interest and maturity withdrawals are tax-free (E‑E‑E status).
6. Safety & Ease
   • Sovereign guarantee through India Post or designated banks; convertible/movable across India; no tax on maturity.

💰 Compound Growth Illustration

A monthly investment of ₹1,000 could potentially grow to ₹500,000+ over 21 years at 8.2% compounded annually—underscoring SSY’s power as a long-term savings vehicle. (paisabazaar.com)

🔄 Comparative Context (Q2 FY 25–26)

Alongside SSY’s 8.2%:

• Senior Citizen Savings Scheme (SCSS): 8.2%
• National Savings Certificate (NSC): 7.7%
• Public Provident Fund (PPF): 7.1%
• Post Office FDs (3‑year): 7.1%
• Kisan Vikas Patra (KVP): 7.5%
• Monthly Income Scheme: 7.4%
• Post Office Savings Account: 4.0% (upstox.com, m.economictimes.com, upstox.com, livemint.com)

SSY continues to offer one of the highest returns among small savings schemes.

📉 Outlook & Potential Risks

• Since SSY rates are tied to G‑Sec yields and repo rates, further rate cuts by the RBI might place future pressure on SSY returns. (m.economictimes.com, upstox.com)
• However, the Government may opt to buffer SSY from market swings to fulfill its social goals. The next rate review is expected at the end of September 2025.

✅ Who Should Invest & How

Ideal for parents with:

• A girl child under 10 years
• A long‑term investment horizon (15–21 years)
• Desire for E‑E‑E tax status
• Preference for low-risk, government-backed savings

Pros: High fixed return, strong tax efficiency, partial withdrawal flexibility
Cons: Longer lock-in than PPF, post‑deposit of tenure requirement, penalty for missed minimums (₹50/fiscal year) (m.economictimes.com, pmgovtschemehub.com, groww.in, moneycontrol.com, paisabazaar.com)