Sukanya Samriddhi Yojana


  • Launched on 22 January 2015
  • Small savings instrument for the girl child
  • Account can be opened in a post office or a public sector bank

Who is eligible?

  • Girl child only
  • Child should be Indian citizen
  • Age limit: On the date of opening the account, the child’s age should 10 years or younger

Who can Invest?

Parent, or Legal Guardian of the eligible Girl child

Investment limit:

  • In 1 year, minimum Rs 1000/- needs to be invested., thereafter in multiples Of 100/-
  • Maximum of Rs 1,50,000/- can be invested
  • Deposits can be made in lump-sum or spread out manner
  • No limit on number of deposits either in a month or in a financial year

Operation of the account:

  • The account will be opened and operated by the guardian of a girl child till the girl child, in whose name the account has been opened, attains the age of 10 years
  • On attaining age of 10 years, the girl child may herself Operate the account


  • Deposit needs to made until 14 years from opening of account
  • Deposit under scheme will mature 21 year after opening of the account


  • No Premature Withdrawal is permitted
  • However, maximum up to 50% of deposit amount can be withdrawn for marriage or higher education of girl child, once she reaches 18 years of


  • Scheme Tenure is 21 years from date of opening, or when the marriage of the girl child happens; whichever happens earlier
  • Account will compulsorily have to be closed after marriage of the girl child
  • In case after maturity of the account (21 years) the girl child does not marry, and if account is not closed after maturity, balance will continue to earn interest as specified for the scheme from time to time
Published with inputs from Swapnil
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