Sukanya Samriddhi Account Offers 8.2% Interest Rate for April-June 2026 Quarter

The Sukanya Samriddhi Account (SSA) currently offers an 8.2% annual interest rate, compounded annually, with revisions occurring quarterly. This government-backed scheme allows parents to invest for their daughter's long-term financial future, with contributions required for 15 years and a maturity term of 21 years.

The government revises interest rates of small savings schemes every quarter, including that of Sukanya Samriddhi Account (SSA). The account can be opened at authorised banks and post offices across India.

Sukanya Samriddhi Yojana is a government-backed small savings scheme that allows parents or guardians to invest in their daughter's name to develop a long-term financial portfolio. The scheme's maturity term is 21 years, with contributions required only for the first 15 years.

Sukanya Samriddhi Account interest rate

As of April-June 2026, Sukanya Samriddhi Account (SSA) offers an interest rate of 8.2% per year. The returns are compounded annually. The interest shall be calculated for the calendar month on the lowest balance in the account between the close of the fifth day and the end of the month. Interest shall be credited to the account at the end of each financial year.

Minimum and maximum investment in SSA

The minimum deposit required in SSA is Rs 250, while the maximum amount that can be deposited in a financial year is Rs 1.5 lakh. After the initial deposit, additional contributions can be made in multiples of Rs 50, making it convenient for individuals to add funds based on their savings capacity. Deposits can be made as a lump sum if preferred, and there is no restriction on the number of deposits.

Sukanya Samriddhi withdrawal rules

According to the India Post website, "Withdrawal up to 50% of balance available at the end of the financial year preceding the year of application for withdrawal, may be taken from account for the purpose of education, provided that such withdrawal shall be allowed after the account holder attains the age of 18 years or has passed the 10th standard, whichever is earlier."

Withdrawal may be made in one lump sum or in instalments, not exceeding one per year, for a maximum of five years, provided that the amount of withdrawal shall be restricted to the actual requirement on account of fee and other charges required at the time of admission as shown in the offer of admission or the relevant fee-slip issued by the educational institution.

When is premature withdrawal allowed?

Account may be prematurely closed only after 5 years of account opening on extreme compassionate grounds namely, (i) medical support in life-threatening diseases of the account holder (ii) Death of the guardian by whom account operated or (iii) Continuation of the account is causing undue hardship to the account holder

In case of the death of the account holder

In the event of the death of the account holder, the account will be closed immediately on the production of the death certificate and the balance at the credit of the account, and interest due thereon till the date of death shall be paid to the guardian. Interest for the period between the date of the death of the account holder and the date of the closure of the account will be paid at the rate applicable on Post Office Savings Account for the balance held in the account.