Sukanya Samriddhi Yojana: When can the money be withdrawn? Know these rules related to the scheme

Today, we're going to share information about the Sukanya Samriddhi Yojana (SSY). This scheme allows people to save money to meet their daughters' future needs.

Today, we're going to provide information about the Sukanya Samriddhi Yojana (SSY). Through this scheme, people deposit money to meet their daughters' future needs. Today, we'll tell you when and how much money can be withdrawn from this scheme.

Under the scheme, a portion of the account balance can be withdrawn for higher education when the daughter turns 18 or passes the 10th grade, whichever comes first. According to the scheme's rules, a maximum of 50% of the account balance at the end of the previous financial year can be withdrawn.

To withdraw this amount, you must submit a document confirming the girl's admission or a fee payment receipt from the educational institution. Under this scheme, the full amount can be withdrawn when the girl turns 21 from the date of account opening. Interest will also be earned.

PC: AajKaal