Sukanya Samriddhi Yojana: These four schemes including Sukanya Samriddhi Yojana will be better for your girls, read to know...


Parents plan to invest in many schemes to improve the future of their children. Many such schemes are run by the Central and State Governments, which help daughters financially. Here is information about five such schemes for a girl child. Let's know which one will get what benefit.

Sukanya Samriddhi Yojana (SSY)

Sukanya Samriddhi Yojana is a government scheme, which has been introduced under the Small Savings Scheme. Under this scheme, parents can apply anytime from the birth of the girl child up to 10 years. Under this scheme, a minimum of Rs 250 and a maximum of Rs 1.5 lakh can be invested during a year. It will mature within 21 years of account opening and 50% of the money can be withdrawn at the age of 18 years. The interest rate under this scheme is 7.6 percent, which varies every quarter.


Girl Child Prosperity Scheme

Balika Samriddhi Yojana covers the girls of BPL family. According to the website of the Social Welfare Department, Government of Manipur, several benefits are given to a girl child under this scheme.

Under this scheme post-birth grant amount of Rs.500, while scholarship for education is Rs.300 per year for class I to III, Rs.500 per year for class IV, Rs.600 per year for class VI Rs.700 is given every year for VII, Rs.800 for 8th and Rs.1000 for 9th to 10th.


UDAAN CBSE Scholarship Program

UDAAN is a scheme launched by the Central Board of Secondary Education (CBSE) on behalf of the Ministry of Human Resource Development (MHRD) to address the low enrollment of girl students in engineering institutions and to bridge the gap between schooling and engineering. All girl students studying in class XI of KV, NV, or government schools from any recognized board or private schools affiliated with CBSE in India can apply for the Udaan CBSE scholarship program. To avail of the scholarship under this scheme, one has to fill out the flight application form by visiting or

Girls Incentive Scheme for Secondary School

The scheme was started in 2008 to encourage girls to pursue secondary schooling. The scheme has been launched to promote enrollment of girls belonging to SC or ST communities in secondary schools and reduce dropout. Under this scheme, an amount of Rs.3000 is deposited in the name of eligible unmarried girls as a fixed deposit on enrollment in class IX, which will be returned with interest on reaching the age of 18 years and passing class X.


Schemes run by state governments

Many state governments including Delhi, Maharashtra, Bihar, Uttarakhand, Rajasthan, and West Bengal provide financial benefits to the parents of the girl child from her birth till higher education. Delhi Ladli Yojana, Chief Minister Kanya Suraksha Yojana in Bihar, and Kanyashree Yojana in West Bengal have been started.