Sukanya Samriddhi Yojana 2026: 8.2% Interest, Rules, Calculator
📌Quick Facts & Summary
Key Benefit
Interest 8.2% a year for Oct to Dec 2026 (revised every quarter).
Who Can Apply
Parents or legal guardians of a girl below 10 years.
Status / Deadline
Interest rate 8.2% confirmed for Oct-Dec 2026 via news reports of the Ministry of Finance notification; DEA page not opened directly.
Official Portal
Helpline
India Post 1800-266-6868
Last Verified
15 October 2026
🔗 Important Action Links (Official Portals):
What is the Scheme?
A savings account for a girl child with high, tax-free interest. Money is for her studies and marriage.
Also known as: Sukanya account, beti savings scheme
Who is it for?
Parents or legal guardians of a girl below 10 years.
Benefits and Financial Assistance
| # | Key Benefit / Entitlement Details | Category / Mode |
|---|---|---|
| 1 | Interest 8.2% a year for Oct to Dec 2026 (revised every quarter). | Primary Benefit (DBT/Subsidy) |
| 2 | Deposit Rs 250 to Rs 1.5 lakh a year, for 15 years. | Direct Support |
| 3 | Matures in 21 years. | Direct Support |
| 4 | Tax benefit under Section 80C (old regime); interest and maturity tax-free. | Direct Support |
| 5 | 50% withdrawal for higher studies after age 18 or Class 10. | Direct Support |
Eligibility Criteria
Applicants must meet the following eligibility conditions:
- Girl below 10 years, Indian resident.
- One account per girl; up to two girls per family (three in case of twins/triplets).
Documents Needed
Keep the following documents ready before submitting your application:
- ✓ Girl's birth certificate
- ✓ Parent's Aadhaar and PAN
- ✓ Address proof
- ✓ Photos
How to Apply Online (Step-by-Step)
- Many banks let existing customers open SSY in net banking or apps.
- India Post customers can deposit through the IPPB app.
How to Apply Offline
- Fill the SSY form at a post office or authorised bank branch.
- Pay the first deposit (min Rs 250).
How to Check Application / Payment Status
- Check balance in the passbook, bank app or IPPB app.
Official Website and Helpline Numbers
| Official Portal | https://www.indiapost.gov.in / https://www.nsiindia.gov.in ↗ |
|---|---|
| Helpline / Contact | India Post 1800-266-6868 |
| Nodal Ministry | Department of Economic Affairs, Ministry of Finance (Beti Bachao Beti Padhao) |
Important Dates & Milestones
Rates for 1 Oct to 31 Dec 2026: 8.2%. Checked 15 Oct 2026.
Frequently Asked Questions (FAQs)
❓ What is the SSY interest rate now?
8.2% for Oct to Dec 2026.
❓ What if I miss the Rs 250 yearly deposit?
The account becomes default. Revive it by paying Rs 250 per missed year plus Rs 50 penalty per year.
❓ Can I close it early for marriage?
Yes, after she turns 18, with rules on timing.
❓ Can grandparents open it?
Only a parent or legal guardian can.
Sources & Official References
All facts on this page were verified on 15 October 2026 from the following official government sources:
- SSY Scheme Rules (NSI, PDF): http://www.nsiindia.gov.in/writereaddata/SchemeRules/SukanyaSamriddhiAccountSchemeRule.pdf [blocked our server check (HTTP 000), likely IP/geo filtering; link taken from official search results, open it from India to confirm] ↗
- PIB SSY explainer, Jan 2026 (PDF): https://static.pib.gov.in/WriteReadData/specificdocs/documents/2026/jan/doc2026121762801.pdf [resolves (HTTP 206)] ↗
- DEA small savings rates: http://dea.gov.in/budget-division/475 [blocked our server check (HTTP 000), likely IP/geo filtering; link taken from official search results, open it from India to confirm] ↗
Fact-Check Verification: This scheme entry was reviewed and fact-checked by Abhishek (govtschemes.net) using official PIB releases, ministry guidelines, and gazette records.
If you notice any outdated rule or change, please report a correction.
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Notice: govtschemes.net is not a government website. We are an independent information site. Always confirm eligibility and apply only on official government portals.