Sukanya Samriddhi Rate
The government has kept the Sukanya Samriddhi Account interest rate unchanged at 8.2% per year for the April to June 2026 quarter. This scheme helps parents save for their daughter's future — education, marriage, or financial independence. It remains one of the highest guaranteed returns available in India right now, beating most fixed deposits.
If you invest just ₹5,000 every month in a Sukanya Samriddhi Account from birth, your daughter could have over ₹26 lakh by the time she turns 21 — enough to fully fund a professional degree or a solid head start in life.
Your daughter's Sukanya Samriddhi Account continues to earn 8.2% annually — tax-free — making it one of the best guaranteed savings tools your family can use right now.
Key Takeaways
If you haven't opened an SSA yet for your daughter (under age 10), do it this quarter — you'll lock into the current 8.2% rate and give compounding maximum time to work
Maximise your annual deposit up to ₹1.5 lakh to get the full Section 80C tax deduction and squeeze every rupee of tax-free growth from this scheme
Don't let the account go dormant — SSA requires a minimum ₹250 deposit per year; missing contributions means a penalty and loss of active status, so set a standing instruction with your bank now
The Indian government reviews interest rates on small savings schemes every quarter, and for April to June 2026, the Sukanya Samriddhi Account (SSA) rate stays put at 8.2% per annum. For parents investing in their daughter's future, this is genuinely good news — stability at a high rate is exactly what long-term goal-based saving needs.
To put 8.2% in perspective: most bank fixed deposits today offer between 6.5% and 7.5% for general customers. The SSA not only beats those rates but also gives you a triple tax advantage — your deposits qualify for Section 80C deduction (up to ₹1.5 lakh per year), the interest earned is completely tax-free, and the maturity amount is also exempt from tax. Very few financial products in India offer this EEE (Exempt-Exempt-Exempt) status.
The scheme works on a simple structure. You can open one SSA per girl child, for a maximum of two daughters (three in case of twins or triplets). Contributions must be made for 15 years from the date of account opening, but the account matures when the girl turns 21. Partial withdrawal of up to 50% is allowed after she turns 18, typically for higher education expenses. The minimum yearly deposit is just ₹250, and the maximum is ₹1.5 lakh — making it accessible for almost every income level.
If you are already contributing to an SSA, this quarter's rate hold means your projections remain on track. If you have been sitting on the fence, consider using GoCredit to review your overall savings and investment plan — sometimes a small reallocation from a lower-yield instrument can make a big difference to your daughter's corpus.
Pro tip: Always deposit before April 5 each financial year. SSA interest is calculated on the lowest balance between the 5th and the last day of each month — so depositing early in the month means you earn interest on a higher balance for that entire month, compounding your returns meaningfully over 15 years.
Plan Your Savings
Open GoCredit App →