Updated July 2026
Family Goals
Securing major family milestones like children's higher education or marriage requires dedicated planning. Key decisions involve estimating future costs under high education inflation and selecting safe, tax-efficient savings plans.
Featured Calculators
Recommended Journey
- 1
Plan for a daughter's education
If saving for a daughter under ten years of age, use the SSY calculator to see guaranteed, tax-free returns backed by the government.
- 2
Estimate inflation-adjusted costs
Education costs rise faster than general inflation. Adjust target amounts upwards to account for higher tuition and living expenses.
- 3
Invest for general family goals
Use a monthly Systematic Investment Plan (SIP) in diversified mutual funds to grow savings for other major long-term milestones.
Frequently Asked Questions
Who is eligible to open a Sukanya Samriddhi Yojana (SSY) account?
A parent or legal guardian can open an SSY account in the name of a girl child from her birth until she reaches ten years of age. A maximum of two accounts can be opened per family (one for each girl child).
How long do I need to deposit money in an SSY account?
Deposits must be made for a period of fifteen years from the date of opening the account. The account continues to earn interest until it matures at twenty-one years from the opening date, even though no deposits are made in the final six years.