What is Sukanya Samriddhi Yojana (SSY) account interest rate for October-December 2025?

The ministry has made no change in the SSY interest rate.

The scheme for girl child is offering 8.2% interest, which is higher than most fixed deposit interest rates offered by top banks like State Bank of India, HDFC Bank, ICICI Bank, Bank of Baroda, Punjab National Bank, and others.

What is the eligibility for investing in SSY?

⦁ The individual must be a resident citizen of India.

⦁ A guardian may open an account in the name of a girl who has not yet turned ten years old as of the date of opening the account.

⦁ An account may be opened for a maximum of two girl children in a family.

⦁ However, more than two accounts may be opened in a family if the children are born in the first or second order of birth (or both), provided an affidavit is submitted by the guardian, along with the birth certificates of the twins or triplets, confirming their birth order.

⦁ Additionally, this provision does not apply to a girl child born as the second order of birth if the first child in the family results in two or more surviving girl children.

⦁ The guardian will operate the account until the account holder reaches the age of 18. After that, the account holder will take control of the account upon submitting the required documents.

⦁ Each account holder is allowed to have only one account under this scheme.

⦁ The account shall be operated by the guardian until the account holder reaches the age of 18, after which the account holder herself will manage it by submitting the necessary documents.

Sukanya Samriddhi Yojana: Withdrawal rules

⦁ Withdrawal Limit: Up to 50% of the balance available at the end of the financial year preceding the year of application can be withdrawn for the purpose of education.

⦁ Eligibility: The withdrawal is allowed after the account holder turns 18 years old or has passed the 10th standard, whichever comes earlier.

⦁ Withdrawal method: The amount can be withdrawn in one lump sum or in installments. Installments are limited to one per year for a maximum of five years.

⦁ Withdrawal restrictions: The withdrawal amount is restricted to the actual educational requirements, such as fees and other charges, as evidenced by the admission offer or the fee slip issued by the educational institution at the time of admission.

SSY interest rate: No change since April 2024

Since January 2025, the Reserve Bank of India (RBI has cut the repo rate by 100 basis points (1%). Meanwhile, the 10-year G-sec yield has decreased to 6.563 as of September 29, 2025, from 6.779 on January 1, 2025.