Key Points
The Sukanya Samriddhi scheme aims to cover a girl child's costs for schooling and marriage..
This scheme encourages parents to create save for their female child's future education and marriage costs...
Interest rate on Sukanya Samriddhi is set by the government along with other small savings schemes..
The interest will be calculated for the calendar month on the lowest balance in the account between the close of the fifth day and the end of the month..
Maximum deposits are permitted up to 15 years after the date of opening. If a minimum deposit of Rs. 250 is not made in a given FY, the account is said to be in default..
