The Economic Times

Sukanya Samriddhi Account interest rate: How you can create Rs 50 lakh corpus for your girl child

SSY interest rate: The Sukanya Samriddhi Account offers an 8.2% annual interest rate, compounded yearly. Parents can invest up to Rs 1.5 lakh annually for a girl child's future. Consistent investment builds a significant corpus over a 21-year maturity period. Deposits and earnings under this scheme are tax-exempt, providing significant financial benefits.