Sukanya Samriddhi Yojana 2026: Eligibility, Benefits & How to Apply
A government-backed savings account for a girl child, with tax benefits, for her education and marriage.
Benefit
Government-set interest compounded yearly, tax benefits on deposits, and a lump sum at maturity. Deposits from ₹250 to ₹1.5 lakh per financial year.
Who is eligible
- A parent or legal guardian can open the account for a girl child below 10 years of age.
- Up to two accounts per family (one per girl child, with exceptions for twins/triplets).
Who is not eligible
- Girls aged 10 or older at the time of opening.
Documents you need
- Girl child's birth certificate
- Parent/guardian Aadhaar and PAN
- Address proof
- Photographs
How to apply
- Visit a post office or an authorised bank branch.
- Fill in the SSY account opening form and submit documents with the first deposit (minimum ₹250).
- Deposit at least ₹250 every financial year for 15 years; the account matures after 21 years.
Official website: nsiindia.gov.in. The interest rate is set by the government every quarter; check the current rate at a post office or nsiindia.gov.in.
Administered by the Ministry of Finance (small savings scheme). You can also search all central and state schemes on the government's myScheme portal.
Frequently Asked Questions
What is the age limit for Sukanya Samriddhi Yojana?
The account can be opened for a girl child any time before she turns 10.
What is the minimum and maximum deposit in SSY?
Minimum ₹250 and maximum ₹1.5 lakh per financial year.
When does a Sukanya Samriddhi account mature?
After 21 years from opening. Deposits are made for the first 15 years, and partial withdrawal is allowed after the girl turns 18 for education.
Find other schemes you may qualify for
Answer a few questions in our government schemes eligibility finder.
- PM Ujjwala Yojana: Deposit-free LPG connections for adult women from poor households that don't yet have a gas connection.
- PM Matru Vandana Yojana: Cash support for pregnant women and new mothers: ₹5,000 for the first child and ₹6,000 if the second child is a girl.