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Key Takeaways
Sukanya Samriddhi Yojana is a government-backed savings scheme launched under the Beti Bachao Beti Padhao initiative to secure a girl child's future
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Sukanya Samriddhi Yojana (SSY):
If the little genius is your daughter, you can also use the Sukanya Samriddhi Yojana (SSY) to invest in her educational goals. Launched under the Government of India's Beti Bachao Beti Padhao initiative, SSY investment is one of the most attractive long-term savings options exclusively for a girl child. If your daughter is under 10 years of age, you can open an SSY account in her name at any designated post office or authorised bank. Key features include: