Over 4.53 crore accounts have been opened in the last 11 years to support the future of girls through the Sukanya Samriddhi Yojana (SSY), as per the government’s statement. Launched in January 2015 under the Beti Bachao, Beti Padhao campaign, SSY aims to bridge financial security and social transformation by promoting early planning for girls’ education and well-being. The scheme has facilitated deposits exceeding Rs 3.33 lakh crore by December 2025, according to official data.
The SSY, marking its 11th anniversary on January 22, symbolizes the trust of numerous families in their daughters’ potential, the statement highlighted. Since its inception, more than 4.53 crore accounts have been initiated, with total deposits surpassing Rs 3,33,000 crore by December 2025. Parents or legal guardians can open an SSY account for their girl child at any India Post office or designated public and private banks like HDFC Bank, Axis Bank, ICICI Bank, and IDBI Bank.
Under the scheme, families can open a single SSY account per girl child, with a maximum of two accounts for two girl children. The account remains under the management of the parent or guardian until the girl reaches 18 years, after which she can take control by providing the necessary documents. Starting with a minimum deposit of Rs 250, the account allows annual deposits up to Rs 1,50,000, with a deposit period of up to fifteen years from the opening date.
The Sukanya Samriddhi Yojana is designed to ensure long-term financial security for girls by offering attractive returns, tax benefits, and flexible withdrawal options for education and future needs. With an interest rate of 8.2% per annum, one of the highest for savings instruments dedicated to daughters, the scheme aims to support gender equality and inclusion in India, empowering every girl to achieve her full potential.
