Sukanya Samriddhi Account: Interest Rate, Investment, and Tax Benefits
The Sukanya Samriddhi Account (SSA), a government-backed savings scheme launched in 2015, offers an 8.2% annual interest rate. Parents can invest up to Rs 1.5 lakh annually for 15 years, building a tax-exempt corpus for a girl child's education and marriage, maturing in 21 years.