Save only ₹ 1000 every month, you will get such a huge fund on your daughter’s 21st birthday, know the complete calculation and new rules: – ..

News India Live, Digital Desk: If you are looking for a government scheme to secure the future of your beloved, then Sukanya Samriddhi Yojana (SSY) It is difficult to find a better option. According to the latest update of March 2026, the government on this scheme 8.2% It is offering excellent interest rates, which is much higher than many bank FDs and savings schemes.

The best part is that with very small savings you can accumulate a fund of lakhs for your daughter’s education and marriage. Let us see how the magic of investing just ₹1,000 per month works.

Investment of ₹1000 and ‘return’ after 21 years

If you deposit ₹1,000 every month (i.e. ₹12,000 per year) in your daughter’s name, the math will work like this:

Annual Investment: ₹12,000

Total Investment (up to 15 years): ₹1,80,000

Current Interest Rate: 8.2% (compounding annually)

Total Interest (Approximate): More than ₹3,74,000

Total amount on maturity: On completion of 21 years your daughter will get approx. ₹5.54 lakh Will meet.

(Note: This calculation is based on the current interest rate. If interest rates increase in the future, this amount could be even higher.)

Money has to be paid only for 15 years, maturity in 21 years

The biggest feature of Sukanya Samriddhi Yojana is that you do not have to deposit money in it for full 21 years. All you need to do before opening an account for 15 years Only investment has to be made. After this, interest continues to be accrued on that amount for the next 6 years and after completion of 21 years, the entire amount is available tax-free.

‘Triple’ benefit of tax exemption (EEE Status)

This scheme is ‘golden’ from investment point of view because it eeee Comes in category:

Investment: Exemption up to ₹1.5 lakh under section 80C.

Interest: The interest received every year is completely tax-free.

Maturity: The money received in the end will not attract even ₹1 tax.

When and who can open an account?

Age Limit: from the birth of my daughter 10 years This account can be opened till the age of 15 years.

Required Documents: Birth certificate of daughter and KYC documents of parents (Aadhaar, PAN).

Where to open: You can simply go to any post office or authorized bank (like SBI, PNB, ICICI) ₹250 Can start from.