PPF vs SSY: Which scheme is best for your daughter's future, and where will you get massive returns? Full calculation..

In today's era of rising costs, everyone wants to ensure a secure future for their children. If you have daughters, this information is for you. Today, we will tell you about two schemes that can help secure your daughter's future: the Public Provident Fund (PPF) and the Sukanya Samriddhi Yojana (SSY).

PPF vs. SSY:
Both investment options are excellent. However, while anyone can invest in PPF, an SSY account can only be opened in the name of a daughter. There is also a significant difference in interest rates; currently, the Sukanya Samriddhi Yojana (SSY) offers an impressive interest rate of 8.2%, whereas the Public Provident Fund (PPF) offers 7.1%.

Age and Lock-in Period