Sukanya Samriddhi Account Interest Rate for April-June 2026 Set at 8.2%
Has Sukanya Samriddhi Account interest rate revised for this quarter (April-June 2026)?
The Economic TimesImage: The Economic Times
The Sukanya Samriddhi Account (SSA), a government-backed savings scheme in India, offers an interest rate of 8.2% for the quarter of April to June 2026. This scheme allows parents to invest for their daughters, with a minimum deposit of ₹250 and a maximum of ₹1.5 lakh per year.
- 01Sukanya Samriddhi Account interest rate is 8.2% for April-June 2026.
- 02Minimum deposit is ₹250, and maximum annual deposit is ₹1.5 lakh.
- 03Withdrawals up to 50% are allowed for education after the account holder turns 18.
- 04Premature withdrawal is permitted under specific compassionate grounds after 5 years.
- 05Interest is compounded annually and credited at the end of each financial year.
Advertisement
In-Article Ad
The Sukanya Samriddhi Account (SSA) offers an interest rate of 8.2% per annum for the quarter of April to June 2026. This government-backed savings scheme is designed for parents or guardians to invest in their daughters' names, fostering a long-term financial portfolio. The account requires a minimum deposit of ₹250 and allows a maximum investment of ₹1.5 lakh per financial year. Additional contributions can be made in increments of ₹50, providing flexibility for savers. Withdrawals up to 50% of the account balance can be made for educational purposes once the account holder reaches 18 years of age or completes the 10th standard. Premature account closure is permitted under compassionate circumstances after five years. In the event of the account holder's death, the account will be closed immediately, and the balance along with accrued interest will be paid to the guardian.
Advertisement
In-Article Ad
The interest rate of 8.2% enhances the savings potential for parents investing in their daughters' future education, making it a favorable option for long-term financial planning.
Advertisement
In-Article Ad
Reader Poll
Do you think the Sukanya Samriddhi Account is a good investment for daughters' education?
Connecting to poll...
Read the original article
Visit the source for the complete story.



