Beti Bachao Yojana – Save ₹15 Lakhs for Your Daughter’s Future with Just Small Monthly Deposits

Every parent dreams of giving their daughter the best education, a secure future, and financial independence. But with rising education and marriage expenses, many families struggle to plan for their child’s future.

That’s why the Government of India introduced the Beti Bachao Beti Padhao Yojana, which connects families with a powerful savings plan called the Sukanya Samriddhi Yojana (SSY). With this scheme, you can start saving as little as ₹250 per month and build a corpus of ₹15 lakhs or more by the time your daughter turns 21.

Let’s understand how this works.

What Is Beti Bachao Beti Padhao Yojana?

Launched in 2015, Beti Bachao Beti Padhao (BBBP) is a national scheme aimed at:

• Promoting girl child education

• Preventing gender-based discrimination

• Offering financial security schemes like SSY for daughters

Though there is no direct monetary benefit in BBBP, the government supports families through linked savings schemes like Sukanya Samriddhi Yojana.

What Is Sukanya Samriddhi Yojana?

Sukanya Samriddhi Yojana (SSY) is a long-term, tax-free savings scheme designed specifically for the girl child. It offers high interest rates, guaranteed returns, and maturity benefits to support education and marriage expenses.

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Key Features of SSY in 2025

• Interest Rate: Around 8 percent annually

• Minimum Deposit: ₹250 per year

• Maximum Deposit: ₹1.5 lakh per year

• Lock-in Period: Until girl turns 21 or gets married after 18

• Tax Benefits: Full exemption under Section 80C

• Account Opening Age: Before the girl turns 10 years

How to Save ₹15 Lakhs by the Time She Turns 21

Let’s say you deposit ₹12,500 per month (₹1.5 lakh per year) for 15 years. Here’s what your investment looks like:

• Total Investment: ₹22.5 lakhs over 15 years

• Maturity Amount at 8 percent interest: ₹45 lakhs (approx)

But even with a smaller amount, you can build a solid future:

This means with just ₹5000 per month, you can easily save ₹15+ lakhs for her future.

Documents Required to Open SSY Account

• Girl child’s birth certificate

• Guardian’s Aadhaar card and PAN card

• Bank passbook or account number

• Passport-size photographs

Where to Open the Account?

You can open an SSY account in:

• Post Office

• State Bank of India (SBI)

• Punjab National Bank (PNB)

• HDFC, ICICI, Axis, and other government-authorized banks

How the Money Can Be Used

You can withdraw the money from the SSY account for:

• Higher education after the girl turns 18

• Marriage expenses (allowed only after age 18)

• Medical emergencies with permission

• Final maturity withdrawal at age 21

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Why SSY Is Better Than Regular Saving Accounts

• Higher interest than FDs or RDs

• No tax on returns or maturity

• Safe and government-backed

• Encourages early and consistent saving

• Specially designed for girls’ financial growth