Post Office Sukanya Samriddhi Yojana Monthly 1000

The Post Office Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme designed to secure the future of the girl child. Parents or guardians can deposit as little as ₹250 per month, making it affordable for even small investors. A contribution of ₹1000 monthly offers disciplined savings, attractive returns, and tax benefits.

What is the Post Office Sukanya Samriddhi Yojana?

The Post of Sukanya Samriddhi Yojana is part of the Beti Bachao, Beti Padhao initiative. It allows parents of a girl child below 10 years of age to open an account at any post office branch or authorised bank. The account matures after 21 years and offers an interest rate decided by the government. Currently, the interest rate of the Post Office Sukanya Samriddhi Yojana scheme is 8.2% p.a., the highest in small savings schemes.

Deposit of ₹1000 Monthly in SSY

Minimum deposit allowed: ₹250 per year.

Maximum deposit allowed: ₹1.5 lakh per year.

If you invest ₹1000 per month (₹12,000 per year), the amount continues to grow with the power of compounding interest until maturity.

Deposits can be made for 15 years, and the money will earn interest for 21 years.

Benefits of Investing ₹1000 Monthly in Post Office SSY

Below are the benefits of investing 1000 Monthly in a Post Office Sukanya Samriddhi Yojana account:

Affordable investment: With just ₹1000 per month, parents contribute ₹12,000 in a year.

Wealth creation: Over 15 years of deposit, this consistent investment grows into a large corpus with compounded interest.

Tax savings: Contributions qualify for deductions under Section 80C, making it a dual benefit plan.

Girl child security: The Sukanya Samriddhi Yojana scheme ensures financial independence and support for her future educational and marriage expenses.

Expected Returns on ₹1000 Monthly Investment

Using a Sukanya Samriddhi Yojana Calculator, you can estimate future savings:

Monthly contribution: ₹1000

Annual contribution: ₹12,000

Tenure of deposit: 15 years (deposit) + 6 years (interest accrues)

Using the SSY calculator, the maturity value will be:

Approximately ₹5-6 lakh (depends on prevailing SSY interest rate, currently 8.2% for Q2 FY 2025-26)

Conclusion

Investing ₹1000 monthly in the Post Office Sukanya Samriddhi Yojana is an affordable and secure way to build a large corpus for your daughter’s future. By using the Post Office SSY Calculator, parents can clearly estimate returns and make this savings plan the best investment plan for safeguarding their child’s education and marriage needs.