Steps to Deposit Money in Sukanya Samriddhi Account Online

Sukanya Samriddhi Yojana

It is a tool for creating a corpus for your daughter’s education & her career advancement.


Interest Rate: 8% p.a. Taxation: Deduction up to ₹1,50,000 under section 80C of the Income Tax Act.

Who is Eligible?

A parent/legal guardian can open an account in Post Office for a resident Indian girl child aged up to 10 years under SSY.

Open Sukanya Samriddhi Account

Visit & request a Sukanya Samriddhi Account Form  at your nearest Post Office or Bank branch.

Documents Needed for SSY Account

Birth certificate of the girl child. Valid ID & address proof of the depositor and Passport-size photographs.

How to Invest?

To invest, submit all the documents, pay the initial amount, i.e., between ₹250 - ₹1.5 lakhs & your account will be active.

Invest Online in SSY

After account opening, you can set up online payment for the next instalments via net banking.

Investment Tenure

The account has a term of 21 years from the date of opening. Deposits to this account have to be made for 15 years only.

Expected Returns

Investment Year: 2023 Amount: ₹10,000 p.a.  Total Investment: ₹1.5 Lakhs Maturity Year: 2044  Expected Return: ₹4,39,538

Invest in Bonds Offering 9-11% Fixed Returns