The below is just an addition to your knowledge about SSA (sukanya samriddhi account). After going through the whole sukanya samriddhi account scheme I noticed some imp points which one should think on before opening it. 1. The interest rate in this account is 9.20% (Rates may change every year) which is highest compared to all such small schemes. 2. U can deposit money till 14 years from the date of opening an account. I.e. date of account opened :- 1-4-2015 then u can deposit till 1-4-2028 . 3. Maturity of account is after 21 years from the date of opening of account. I.e. date of account opened:- 1-4-2015 then maturity date is 1-4-2035 , till that time u cannot withdraw money except in two cases as follows:- a.) if the girl turns to 18years old then 50% of balance can be withdrawn. b.) on the occasion of marriage u can withdraw whole amount and close the account. 4. Min deposit of Rs.1000 per year is compulsory. 5. Amount deposited in this account is exempt u/s 80c