What Happens to the SSY Account If You Miss a Year’s Deposit?
The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme introduced as part of the “Beti Bachao, Beti Padhao” campaign. It seeks to encourage parents to save for their daughters’ future, providing attractive interest rates and tax benefits under Section 80C of the Income Tax Act. The scheme allows parents or guardians to open SSY…