New Delhi, June 1 -- One of the most confusing aspect of Sukanya Samriddhi Yojna (SSY) is its maturity timeline. Many parents open the account several years after their daughter's birth-when she is 5, 6 or even-and are unsure about when the scheme will actually mature.

A frequently asked question is: If the account is opened when the girl is 5 years old, will the maturity amount be paid when she turns 21, or will the maturity date extend to age 26? Here all you need to know

SSY is a Government-backed small deposit savings scheme for the benefit of a girl child.

The maturity of a SSY does not depend on the age of the girl child, but on when the investment starts. So, the investment will mature 21 years after the account has been opened ...