Sukanya Samriddhi is a government-backed savings scheme for girl children, offering one of the highest guaranteed returns (8.2%) with complete tax-free maturity.
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Contributions are made for 15 years from opening. The account matures 21 years from opening (or on marriage after 18). Contributions qualify for 80C; maturity is fully tax-free (EEE status).
SSY rate is set quarterly by the government. See our full disclaimer.