Sukanya Samriddhi Yojana — savings for a girl child
Government of India
Overview
Sukanya Samriddhi Yojana is a government-backed long-term savings scheme for a girl's future — higher education and marriage. A parent or legal guardian can open an account in the name of a girl under 10 at a post office or authorised bank.
The minimum deposit is Rs 250 and the maximum Rs 1.5 lakh per financial year. Interest is currently 8.2% a year (as stated on the page), compounded annually, and deposits qualify for deduction under Section 80C. Deposits are made for up to 15 years from opening; the account matures after 21 years, and partial withdrawal is allowed for higher education.
One account per girl; generally up to two girls per family (more in special cases such as twins). Visit a post office or bank with the girl's birth certificate and the guardian's identity and address proof.
At a glance
- Administering authority
- Government of India
- Scheme type
- Women & Children
- Place of posting / area
- All India
- Application mode
- Offline
- Important dates
- Applications accepted year-round
Benefits
- Safe, government-backed savings
- Current interest 8.2% a year, compounded annually (changes as notified)
- Minimum deposit Rs 250; up to Rs 1.5 lakh per financial year
- Deduction under Section 80C
- Matures after 21 years
- Partial withdrawal allowed for higher education
Eligibility
- The girl must be under 10 when the account is opened
- Opened and operated by a parent or legal guardian
- One account per girl
- Generally up to two girls per family (more in special cases such as twins)
Required documents
- Birth certificate of the girl child
- Guardian's identity and address proof
- Photograph and other KYC documents
How to apply
- Visit the nearest post office or authorised bank branch
- Fill in the Sukanya Samriddhi Account opening form
- Submit the girl's birth certificate, the guardian's identity and address proof, a photograph and KYC documents
- Open the account with a minimum deposit of Rs 250
- Keep depositing for up to 15 years from opening
Last updated: 1 Nov 2026
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