The Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme launched by the Indian Government under the Beti Bachao, Beti Padhao campaign. It is specially designed to secure the financial future of girl children. The scheme offers attractive interest rates, tax benefits, and long-term financial security for the girl child.
If you are a parent or guardian of a girl child and want to invest in her bright future, this guide will help you understand how to apply for the Sukanya Samriddhi Yojana easily.
—
✅ Eligibility Criteria
Before applying, ensure that the following conditions are met:
1. The girl child must be an Indian resident.
2. The girl should be 10 years old or younger at the time of account opening.
3. Only one account per girl child is allowed.
4. A maximum of two accounts can be opened for two different girl children in a family.
—
📄 Documents Required
To open an SSY account, you will need the following documents:
1. Birth certificate of the girl child.
2. Photo ID proof of the parent/guardian (Aadhaar card, PAN card, etc.).
3. Address proof of the parent/guardian.
4. A passport-size photograph of the parent/guardian and the girl child.
5. Duly filled SSY account opening form (available at post offices or banks).
—
🏦 Where Can You Open the Account?
You can open a Sukanya Samriddhi Yojana account at:
Any authorized post office in India.
Any authorized public sector or private sector bank, such as SBI, ICICI, HDFC, PNB, etc.
—
📝 How to Apply – Step-by-Step Process
Step 1: Visit the Nearest Bank or Post Office
Go to any authorized bank or post office branch where SSY is available.
Step 2: Fill Out the Application Form
Ask for the Sukanya Samriddhi Account opening form or download it from the official website of the bank/post office.
Step 3: Attach the Required Documents
Submit all the necessary documents mentioned above along with the filled form.
Step 4: Deposit the Initial Amount
Deposit a minimum of ₹250 to open the account. You can deposit any amount between ₹250 to ₹1.5 lakh per financial year.
Step 5: Get the Passbook
After verification, your account will be opened, and you will be given a passbook containing all the details of the account.
—
💰 Key Features of the Scheme
Feature Details
Minimum Deposit ₹250 per year
Maximum Deposit ₹1.5 lakh per year
Tenure 21 years from the date of account opening or until the girl’s marriage after age 18
Interest Rate Around 8% (varies every quarter as per government announcement)
Tax Benefit Exempted under Section 80C of the Income Tax Act
—
🎓 When Can You Withdraw?
Partial Withdrawal of up to 50% is allowed after the girl turns 18 years, for education purposes.
Full maturity amount can be withdrawn after 21 years or upon marriage after 18 years.
—
📌 Important Tips
Deposit at least ₹250 every year to keep the account active.
Maintain records of all deposits for future reference.
Link the SSY account with your Aadhaar and mobile number for tracking.
—
🔗 Useful Links
India Post Sukanya Account Info
SBI SSY Info
Download SSY Form PDF
—
✅ Conclusion
The Sukanya Samriddhi Yojana is one of the best savings schemes for girl children in India. By opening an account early, you ensure financial independence and support her dreams in education, career, or marriage. The application process is simple and can be done at your nearest post office or bank with just a few documents.
—