Sukanya Samriddhi Account (SSY)
High-interest sovereign small-savings scheme for the girl child offering tax-free returns and maturity proceeds under Beti Bachao Beti Padhao.
₹Benefits & Entitlement Breakdown
📊Budget Allocation & Beneficiary Reach
Administered through National Small Savings Fund (NSSF), Ministry of Finance
Official Budget Document ↗3.2+ Crore Sukanya Samriddhi accounts opened
As of: 2024-03-31PIB / Official Citation ↗Verified Eligibility Criteria
Account opened by natural or legal guardian in the name of a girl child who is an Indian resident. Girl child age must not exceed 10 years at account opening. Maximum of two accounts permitted per family (one for each girl child), except in cases of twin/triplet girl children born in second birth with medical certificate proof.
Required Documents Checklist
- ✓Birth Certificate of the girl childMandatory
Issued by municipal authority or Registrar of Births.
- ✓Identity Proof of parent / legal guardian (Aadhaar, PAN)Mandatory
Mandatory guardian KYC.
- ✓Address Proof of parent / legal guardianMandatory
Aadhaar, Voter ID, or Utility bill.
- ✓Medical Certificate in case of twin/triplet girl childrenOptional / Supporting
Required only if opening third account for multiple births.
How to Apply
Official Government Application Portal
You will be redirected to the secure official portal: www.indiapost.gov.in
Frequently Asked Questions (Officially Sourced)
Verified answers sourced directly from official circulars, gazettes, and portal FAQs. Never AI-invented.
What is the minimum and maximum deposit amount in a financial year under SSY?
The minimum deposit required in a financial year is ₹250, and the maximum limit is ₹1,50,000.
Source: Official Scheme FAQ ↗Can funds be withdrawn before the 21-year maturity?
Partial withdrawal up to 50% of the account balance at the end of preceding financial year is permitted for higher education of the girl child once she attains 18 years of age or passes Class 10.
Source: Official Scheme FAQ ↗Can an SSY account be transferred if the family relocates?
Yes. An SSY account can be transferred anywhere in India from one Post Office to another, or from a Post Office to a bank, free of cost on submission of address proof.
Source: Official Scheme FAQ ↗Common Rejection Reasons & Warnings
Girl child older than 10 years at date of application; third girl child without medical proof of multiple births; guardian lacking valid KYC.
Editorial Verification & Change Log
| Date | Field | Description / Update | Source Citation |
|---|---|---|---|
| 2026-09-16 | initial_verification | Baseline verification of SSY rules, 8.2% sovereign interest rate, and partial withdrawal guidelines. | Official Source ↗ |
Application Window & Deadlines
Open throughout the year until child attains age 10
Related Welfare Programs
National financial inclusion mission ensuring universal access to banking facilities with zero-balance savings accounts, RuPay debit cards, and credit facilities.
Affordable government-backed one-year renewable life insurance scheme offering ₹2 lakh life risk cover on death due to any cause.
Highly subsidized accidental death and disability insurance offering ₹2 lakh cover for just ₹20 per year.
Official Helpline & Nodal Offices
National Savings Institute (NSI), Department of Economic Affairs, Ministry of Finance
4th Floor, CGO Complex, Seminary Hills, Nagpur - 440006
Helpline: 1800-266-6868 (India Post National Helpline)
Jurisdiction: National (All-India)Notice a Discrepancy?
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Verification Metadata
Last verified by Eligo researchers on 2026-09-16 against official government documentation.
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