SSY Interest Rate History from 2014 to 2022

SSY aka Sukanya Samriddhi Yojana was started on 22nd Jan 2015 as a part of “Beti Padhao, Beti Bachao” campaign. SSY is a savings scheme started by GOI to provide financial security to a girl child.

This scheme encourages parents to build a fund for a girl child to meet their educational and marriage expenses etc.

SSY Interest Rates History - Paisa kaudi
SSY Interest Rates History – Paisa kaudi

Sukanya Samriddhi Yojana (SSY) Interest Rate Historical Data

Financial YearDate Interest RateMinimum InvestmentMaximum Investment
2022-2301-Apr-2022 to 31-Mar-20237.6%₹ 250₹ 1,50,000
2021-2201-Apr-2022 to 31-Mar-20227.6%₹ 250₹ 1,50,000
2020-2101-Apr-2020 to 31-Mar-20217.6%₹ 250₹ 1,50,000
2019-2001-Jul-2019 to 31-Mar-20208.4%₹ 250₹ 1,50,000
2019-2001-Apr-2019 to 30-Jun-20198.5%₹ 250₹ 1,50,000
2018-1901-Oct-2018 to 31-Mar-20198.5%₹ 250₹ 1,50,000
2018-1901-Apr-2018 to 30-Sep-20188.1%₹ 250₹ 1,50,000
2017-1801-Jan-2018 to 31-Mar-20188.1%₹ 1,000₹ 1,50,000
2017-1801-Jul-2017 to 31-Dec-20178.3%₹ 1,000₹ 1,50,000
2017-1801-Apr-2017 to 30-Jun-20178.4%₹ 1,000₹ 1,50,000
2016-1701-Oct-2016 to 31-Mar-20178.5%₹ 1,000₹ 1,50,000
2016-1701-Apr-2016 to 30-Sep-20168.6%₹ 1,000₹ 1,50,000
2015-1601-Apr-2015 to 31-Mar-20169.2%₹ 1,000₹ 1,50,000
2014-1501-Apr-2014 to 31-Mar-20159.1%₹ 1,000₹ 1,50,000
SSY Interest Rates Revisions – Paisa kaudi

SSY News

  • Sukanya Samriddhi Yojana (SSY) will continue to yield 7.6 % interest rate in April to June 2022 quarter.
  • SSY will yield an annual return of 7.6% for March quarter (Dec 30, 2022)

Read Sukanya Samriddhi Yojana Review in Detail.

SSY Interest Rate FAQs

What is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana is a savings scheme specifically designed to provide financial security to a girl child. This scheme was launched under the campaign called Beti Padhao Beti Bachao.

How is the SSY interest rate decided?

SSY interest rate is calculated on a monthly basis but deposited to your account at the end of the financial year.

How is the SSY interest rate on deposits is Calculated?

Interest is calculated between the 5th and last day of a month. Therefore it is always advisable to invest in Sukanya Samriddhi Yojana on or before 5th day of every month to get maximum returns.

Who can open SSY accounts?

Parents or legal guardians can open a SSY account on behalf of their girl child.

How many accounts can one girl child have?

Only one account per girl child is allowed.

Does SSY have tax benefits?

Investments made in the SSY scheme are eligible for the tax benefits under section 80 C (Max 1.5 Lakhs). Accumulated interest is also tax free under section 10 of Income Tax. Maturity Amount is also tax free.

What is the premium paying term for Sukanya Samriddhi Yojana?

You have to pay premiums for 15 years under SSY.

What is the maturity period of Sukanya Samriddhi Yojana?

The maturity period of SSY is 21 years.

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