Sukanya Samriddhi Yojana (SSY)
Know SSY Objective To encourage parents to save for the education and marriage of the girl child in a regular manner, which provides a guaranteed tax-free return. Specific Feature Only girl child can be enrolled for this program Who can join? Any girl child, who is below 10 years of age. Who is the account holder? Girl child is the account holder Who contributes to the scheme? Parents or legal guardian of the child Who operates the account? Parent or legal guardian till the child reaches 18 years of age and afterwards the account holder operates the account. How many accounts one child can hold? Only one account per child is permitted. Maximum account in a family Two accounts per family is permitted and more than two accounts can be held provided that more than two accounts may be opened in a family if such children are born in the first or in the second order of birth or in both, on submission of an affidavit by the guardian supported with birth certi...