# SSY offers 8.2% rate versus PPF’s 7.1% in 2026 2026-08-16T23:47:10+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Sukanya Samriddhi Yojana (SSY) offers an interest rate of 8.2 per cent per annum as of 16 August 2026, while the Public Provident Fund (PPF) offers 7.1 per cent, Livemint reports. Both are government-backed long-term savings schemes but differ in eligibility, tenure, and flexibility. SSY is open only for a girl child below 10 years, with a 21-year maturity and a maximum deposit of Rs 1.5 lakh annually. PPF is available to any resident individual, matures in 15 years (extendable by five-year blocks), and allows loans and partial withdrawals. Both schemes qualify for tax deduction under Section 80C, and interest and maturity proceeds are tax-exempt. SSY's higher rate makes it attractive for building a dedicated corpus for a daughter's future. PPF offers greater versatility for goals such as retirement planning or children's education. Livemint notes that the choice depends on individual needs, and eligible investors may use both schemes strategically. Interest rates, rules, and tax provisions are subject to change. The report advises verifying the latest details on official government or India Post websites before investing. ## Coverage - livemint.com This story was synthesised by AI from the source linked above. Tags: Livemint, Public Provident Fund, Section 80C, Sukanya Samriddhi Yojana Canonical: https://indianopinion.org/ssy-offers-8-2-rate-versus-ppfs-7-1-in-2026/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ssy-offers-8-2-rate-versus-ppfs-7-1-in-2026/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/