Sukanya Samriddhi Yojana
SSY is a long-term savings account intended to help families plan for a girl child’s education and future.
Check the official source before applying. Details can change; the official notice is the final authority.
- Scope
- Central
- Scheme category
- Not stated in official notice
- Application opens
- Not stated in official notice
- Application closes
- Not stated in official notice
About the scheme
A guardian opens the account for an eligible girl child at an authorized bank or post office. Deposits earn a government-notified interest rate that can change periodically. Maturity and limited education withdrawals follow prescribed age and contribution-period rules; families should verify current limits, rate and tax treatment.
Sukanya Samriddhi account, SSY interest rate, girl-child savings, education withdrawal and maturity rules are useful family finance searches.
Eligibility
Girl child below the prescribed opening age, subject to limits on accounts per child and family and specified exceptions.
Benefits
Long-term government-notified interest, compounding and permitted education withdrawal under current rules.
Documents required
Girl’s birth or age proof, guardian KYC, photographs and initial deposit.
How to apply
Open the account at a participating post office or bank and contribute within the prescribed limits; retain account records.